Interparfums, Inc. (IPAR) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst consensus is “Hold”: Among eight brokerages, five recommend holding Interparfums, two recommend buying and one recommends selling. The average 12-month price target is $123.29.
• Recent rating changes were mixed: Goldman Sachs and TD Cowen downgraded the stock to “neutral” or “hold,” while Jefferies raised its target to $145 and maintained a “buy” rating.
• Interparfums reported quarterly EPS of $0.95, in line with estimates, while revenue rose 2.1% year over year to $341.04 million. Hedge funds and institutional investors own 55.57% of the stock, compared with 43.60% held by insiders.

Interparfums, Inc. (NASDAQ:IPAR - Get Free Report) has earned an average recommendation of "Hold" from the eight brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $123.29.

Several analysts have recently issued reports on IPAR shares. The Goldman Sachs Group cut shares of Interparfums from a "buy" rating to a "neutral" rating and increased their price target for the stock from $110.00 to $129.00 in a research report on Monday, August 10th. Jefferies Financial Group boosted their target price on Interparfums from $115.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. Zacks Research upgraded shares of Interparfums from a "strong sell" rating to a "hold" rating in a research report on Monday, October 26th. Weiss Ratings restated a "hold (c)" rating on shares of Interparfums in a report on Friday, October 2nd. Finally, TD Cowen lowered shares of Interparfums from a "buy" rating to a "hold" rating and increased their target price for the stock from $110.00 to $120.00 in a report on Monday, August 10th.

Insider Activity

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the company's stock in a transaction that occurred 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 sale, the director owned 900 shares of the company's stock, valued at approximately $105,174. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 43.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Interparfums

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Interparfums in the 2nd quarter worth about $326,252,000. Bank of New York Mellon Corp bought a new stake in shares of Interparfums in the 2nd quarter valued at $35,603,000. Bank of America Corp DE acquired a new stake in Interparfums during the second quarter worth approximately $31,320,000. First Trust Advisors LP raised its position in Interparfums by 19.3% during the 1st quarter. First Trust Advisors LP now owns 879,005 shares of the company's stock worth $79,849,000 after purchasing an additional 142,223 shares during the last quarter. Finally, PDT Partners LLC purchased a new position in shares of Interparfums in the 2nd quarter worth approximately $13,379,000. 55.57% of the stock is currently owned by hedge funds and other institutional investors.

Interparfums Price Performance

Shares of Interparfums stock opened at $116.37 on Monday. Interparfums has a 52-week low of $77.21 and a 52-week high of $129.29. The firm has a market cap of $3.73 billion, a PE ratio of 22.25 and a beta of 1.07. The business's 50 day simple moving average is $114.49 and its 200 day simple moving average is $104.51. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31.

Interparfums (NASDAQ:IPAR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. Interparfums had a return on equity of 15.21% and a net margin of 11.17%. The business had revenue of $341.04 million for the quarter, compared to analysts' expectations of $341.00 million. During the same period last year, the business earned $0.99 EPS. The business's revenue was up 2.1% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, analysts predict that Interparfums will post 4.85 earnings per share for the current fiscal year.

About Interparfums

Interparfums, Inc NASDAQ: IPAR develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.

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