Interparfums' (IPAR) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• Interparfums' stock has had its "hold (c)" rating reaffirmed by Weiss Ratings following recent earnings results.
• In its latest quarter, Interparfums reported earnings of $0.99 per share, missing analysts' expectations of $1.10, with revenue also falling short at $333.94 million.
• The company's shares have a current debt-to-equity ratio of 0.14 and a P/E ratio of 19.01, indicating a solid financial position despite recent performance misses.

Interparfums (NASDAQ:IPAR - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by stock analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Interparfums Price Performance

NASDAQ:IPAR opened at $94.87 on Wednesday. The company has a current ratio of 2.96, a quick ratio of 1.69 and a debt-to-equity ratio of 0.14. Interparfums has a 12 month low of $92.46 and a 12 month high of $148.15. The business's 50-day moving average is $109.27 and its 200 day moving average is $118.77. The company has a market capitalization of $3.05 billion, a P/E ratio of 19.01 and a beta of 1.35.

Interparfums (NASDAQ:IPAR - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.99 earnings per share for the quarter, missing analysts' consensus estimates of $1.10 by ($0.11). Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The business had revenue of $333.94 million during the quarter, compared to analysts' expectations of $357.58 million. During the same period last year, the business posted $1.14 earnings per share. The company's revenue for the quarter was down 2.3% compared to the same quarter last year. Interparfums has set its FY 2025 guidance at 5.350-5.350 EPS. On average, equities research analysts forecast that Interparfums will post 5.14 earnings per share for the current fiscal year.

Institutional Trading of Interparfums

A number of institutional investors have recently bought and sold shares of IPAR. Eukles Asset Management bought a new position in Interparfums during the 1st quarter valued at about $30,000. CWM LLC boosted its position in shares of Interparfums by 29.4% during the first quarter. CWM LLC now owns 418 shares of the company's stock valued at $48,000 after buying an additional 95 shares during the period. First Horizon Advisors Inc. boosted its position in shares of Interparfums by 71.2% during the second quarter. First Horizon Advisors Inc. now owns 375 shares of the company's stock valued at $49,000 after buying an additional 156 shares during the period. Blue Trust Inc. boosted its position in shares of Interparfums by 52.0% during the first quarter. Blue Trust Inc. now owns 506 shares of the company's stock valued at $58,000 after buying an additional 173 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of Interparfums during the 2nd quarter worth approximately $76,000. 55.57% of the stock is currently owned by institutional investors.

Interparfums Company Profile

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.

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