Interparfums' (IPAR) "Neutral" Rating Reaffirmed at BWS Financial

Key Points

• BWS Financial reaffirmed its “Neutral” rating on Interparfums and set an $85 price target, implying roughly 24.8% downside from the prior close.
• Analyst sentiment is mixed but leans cautious: Interparfums has an overall “Hold” consensus rating and an average price target of $123.29, despite recent Buy upgrades from Canaccord Genuity and Jefferies.
• Shares fell 1.4% to $112.99. In its latest quarter, Interparfums met estimates with $0.95 EPS and $341.04 million in revenue, while revenue increased 2.1% year over year.

Interparfums (NASDAQ:IPAR - Get Free Report)'s stock had its "neutral" rating reissued by equities research analysts at BWS Financial in a research note issued on Monday,Benzinga reports. They currently have a $85.00 price target on the stock. BWS Financial's price objective suggests a potential downside of 24.77% from the company's previous close.

A number of other brokerages have also weighed in on IPAR. Canaccord Genuity Group lifted their price objective on shares of Interparfums from $141.00 to $151.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Jefferies Financial Group raised their target price on shares of Interparfums from $115.00 to $145.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. TD Cowen lowered Interparfums from a "buy" rating to a "hold" rating and boosted their price target for the company from $110.00 to $120.00 in a report on Monday, August 10th. Weiss Ratings raised Interparfums from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen cut Interparfums from a "buy" rating to a "hold" rating in a research note on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Interparfums currently has an average rating of "Hold" and a consensus target price of $123.29.

Interparfums Trading Down 1.4%

IPAR traded down $1.64 during trading hours on Monday, reaching $112.99. 100,136 shares of the company's stock traded hands, compared to its average volume of 270,233. The firm has a 50-day moving average price of $114.42 and a 200 day moving average price of $101.32. The firm has a market capitalization of $3.62 billion, a PE ratio of 21.71 and a beta of 1.11. The company has a quick ratio of 2.00, a current ratio of 3.31 and a debt-to-equity ratio of 0.09. Interparfums has a 52-week low of $77.21 and a 52-week high of $129.29.

Interparfums (NASDAQ:IPAR - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, hitting the consensus estimate 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% compared to the same quarter last year. During the same period last year, the company earned $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, sell-side analysts predict that Interparfums will post 4.85 EPS for the current fiscal year.

Hedge Funds Weigh In On Interparfums

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Interparfums in the 2nd quarter valued at $326,252,000. Vanguard Group Inc. lifted its stake in shares of Interparfums by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company's stock worth $183,554,000 after purchasing an additional 62,832 shares during the last quarter. First Trust Advisors LP boosted its position in Interparfums by 19.3% during the first quarter. First Trust Advisors LP now owns 879,005 shares of the company's stock valued at $79,849,000 after purchasing an additional 142,223 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Interparfums by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company's stock valued at $72,326,000 after purchasing an additional 20,146 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Interparfums by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company's stock valued at $63,917,000 after purchasing an additional 23,767 shares during the last quarter. Institutional investors own 55.57% of the company's stock.

About Interparfums

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company's core activities include fragrance creation, brand management and international logistics.

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