Interparfums, Inc. (NASDAQ:IPAR) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Interparfums, Inc. (NASDAQ:IPARGet Free Report) have been given an average rating of “Hold” by the nine ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $123.2857.

Several brokerages recently weighed in on IPAR. BWS Financial lowered Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 price objective for the company. in a report on Monday, August 17th. Weiss Ratings raised shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Berenberg Bank lowered shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 target price for the company. in a research report on Friday, August 14th. TD Cowen cut shares of Interparfums from a “buy” rating to a “hold” rating and boosted their target price for the company from $110.00 to $120.00 in a report on Monday, August 10th. Finally, Canaccord Genuity Group upped their price target on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research report on Thursday, July 30th.

Read Our Latest Report on Interparfums

Insider Activity at Interparfums

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the sale, the director directly owned 900 shares in the company, valued at $105,174. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 43.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Interparfums

A number of institutional investors have recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its holdings in shares of Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock valued at $29,000 after acquiring an additional 217 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Interparfums during the third quarter worth about $40,000. Versant Capital Management Inc raised its position in shares of Interparfums by 75.4% during the second quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock valued at $48,000 after buying an additional 184 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Interparfums during the 2nd quarter valued at about $48,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Interparfums in the second quarter worth $50,000. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Trading Up 1.4%

NASDAQ:IPAR opened at $112.01 on Friday. Interparfums has a 12 month low of $77.21 and a 12 month high of $129.29. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average is $119.00 and its 200 day moving average is $103.45. The stock has a market capitalization of $3.59 billion, a PE ratio of 21.42 and a beta of 1.12.

Interparfums (NASDAQ:IPARGet Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.95. The business had revenue of $341.04 million during the quarter, compared to the consensus estimate of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the business posted $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts expect that Interparfums will post 4.85 earnings per share for the current year.

About Interparfums

(Get Free Report)

Inter Parfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and fragrance-related products. Its offerings include perfumes, eau de toilette, body care products and other beauty items marketed under a portfolio of internationally recognized designer and luxury brands.

The company operates through European and United States-based activities and typically works under license agreements with fashion houses, luxury-goods companies and other brand owners. Its portfolio has included brands such as Montblanc, Jimmy Choo, Coach, Kate Spade, Karl Lagerfeld, Oscar de la Renta, Rochas, Boucheron and Van Cleef & Arpels.

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Analyst Recommendations for Interparfums (NASDAQ:IPAR)

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