Interparfums (NASDAQ:IPAR) Sets New 12-Month Low - Here's Why

Key Points

• Interparfums (NASDAQ:IPAR) reached a new 52-week low, trading at $92.36, after previously closing at $93.97 and with significant trading volume of 16,655 shares.
• The company missed earnings expectations for the last quarter, reporting $0.99 EPS against a consensus estimate of $1.10, and revenue was down 2.3% year-over-year.
• Despite recent stock performance, Wall Street analysts maintain a "Moderate Buy" average rating on Interparfums, with a target price of $162.00.

Interparfums, Inc. (NASDAQ:IPAR - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $92.42 and last traded at $92.36, with a volume of 16655 shares changing hands. The stock had previously closed at $93.97.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Interparfums in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $162.00.

Interparfums Trading Down 2.8%

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.69 and a current ratio of 2.96. The company has a 50-day simple moving average of $108.74 and a 200 day simple moving average of $118.59. The company has a market capitalization of $2.94 billion, a P/E ratio of 18.31 and a beta of 1.35.

Interparfums (NASDAQ:IPAR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.11). The business had revenue of $333.94 million during the quarter, compared to the consensus estimate of $357.58 million. Interparfums had a return on equity of 16.45% and a net margin of 11.03%.The business's quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 earnings per share. Interparfums has set its FY 2025 guidance at 5.350-5.350 EPS. Sell-side analysts expect that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Institutional Trading of Interparfums

Several institutional investors have recently bought and sold shares of the stock. CWM LLC boosted its stake in Interparfums by 29.4% in the 1st quarter. CWM LLC now owns 418 shares of the company's stock valued at $48,000 after buying an additional 95 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Interparfums by 5.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,823 shares of the company's stock valued at $208,000 after buying an additional 98 shares in the last quarter. Osaic Holdings Inc. boosted its stake in Interparfums by 1.6% in the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company's stock valued at $865,000 after buying an additional 106 shares in the last quarter. Creative Planning boosted its stake in Interparfums by 2.3% in the 2nd quarter. Creative Planning now owns 5,667 shares of the company's stock valued at $744,000 after buying an additional 125 shares in the last quarter. Finally, California State Teachers Retirement System boosted its stake in Interparfums by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 17,704 shares of the company's stock valued at $2,325,000 after buying an additional 132 shares in the last quarter. Institutional investors and hedge funds own 55.57% of the company's stock.

About Interparfums

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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