Interparfums, Inc. (NASDAQ:IPAR) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on Interparfums, with five holds, two buys, one strong buy and one sell among nine firms. The average 12-month price target is $123.29.
• Interparfums reported quarterly EPS of $0.95, matching estimates, while revenue of $341.04 million slightly exceeded expectations and rose 2.1% year over year. Analysts expect full-year EPS of approximately $4.85.
• The stock opened at $112.01, below its 52-week high of $129.29, and institutional investors own 55.57% of shares. An insider also sold 900 shares at an average price of $116.86.

Interparfums, Inc. (NASDAQ:IPAR - Get Free Report) has been given a consensus recommendation of "Hold" by the nine ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $123.2857.

A number of equities research analysts recently commented on the company. Weiss Ratings raised Interparfums from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, July 8th. Berenberg Bank downgraded shares of Interparfums from a "buy" rating to a "hold" rating and set a $130.00 price objective on the stock. in a report on Friday, August 14th. Jefferies Financial Group upped their target price on shares of Interparfums from $115.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. BWS Financial downgraded shares of Interparfums from a "neutral" rating to a "sell" rating and set a $85.00 target price for the company. in a report on Monday, August 17th. Finally, The Goldman Sachs Group lowered shares of Interparfums from a "buy" rating to a "neutral" rating and raised their price target for the company from $110.00 to $129.00 in a research report on Monday, August 10th.

Interparfums Stock Performance

NASDAQ:IPAR opened at $112.01 on Friday. 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 has a fifty-two week low of $77.21 and a fifty-two week high of $129.29. The company has a 50 day simple moving average of $119.00 and a two-hundred day simple moving average of $103.45. The company has a market capitalization of $3.59 billion, a PE ratio of 21.42 and a beta of 1.12.

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

Insider Transactions at Interparfums

In other Interparfums news, Director Veronique Gabai-Pinsky sold 900 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the sale, the director owned 900 shares in the company, valued at approximately $105,174. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 43.60% of the company's stock.

Hedge Funds Weigh In On Interparfums

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada lifted its holdings in Interparfums by 8.7% during the first quarter. Royal Bank of Canada now owns 55,923 shares of the company's stock worth $6,368,000 after acquiring an additional 4,453 shares during the period. AQR Capital Management LLC grew its stake in Interparfums by 61.7% in the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company's stock valued at $333,000 after purchasing an additional 1,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Interparfums by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company's stock valued at $1,235,000 after purchasing an additional 476 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Interparfums by 2.7% during the first quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company's stock valued at $15,825,000 after buying an additional 3,684 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in Interparfums by 24.1% during the second quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company's stock worth $1,281,000 after buying an additional 1,893 shares during the last quarter. 55.57% of the stock is owned by institutional investors.

About Interparfums

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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