Interparfums (NASDAQ:IPAR) Shares Gap Down - Here's What Happened

Key Points

• Interparfums shares dropped sharply, opening at $117.98 versus a prior close of $122.97 and last trading near $116.73.
• Analyst sentiment remains favorable but mixed: the stock carries a “Moderate Buy” consensus rating with an average price target of $119.43, while targets range from $85 to $151.
• The company met quarterly expectations with $0.95 EPS and $341.04 million in revenue, up 2.1% year over year; management’s fiscal 2026 guidance is $4.85 EPS.

Interparfums, Inc. (NASDAQ:IPAR - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $122.97, but opened at $117.98. Interparfums shares last traded at $116.7310, with a volume of 45,283 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Jefferies Financial Group raised their price objective on Interparfums from $115.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, July 28th. The Goldman Sachs Group downgraded shares of Interparfums from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $110.00 to $129.00 in a research report on Monday. Canaccord Genuity Group lifted their target price on Interparfums from $141.00 to $151.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. BWS Financial reissued a "neutral" rating and issued a $85.00 price target on shares of Interparfums in a report on Wednesday, April 22nd. Finally, Wall Street Zen lowered Interparfums from a "buy" rating to a "hold" rating in a research report on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $119.43.

Interparfums Price Performance

The company has a market cap of $3.77 billion, a P/E ratio of 22.45 and a beta of 1.11. The company has a fifty day simple moving average of $111.72 and a 200-day simple moving average of $100.55. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.31 and a quick ratio of 2.00.

Interparfums (NASDAQ:IPAR - Get Free Report) last released its quarterly earnings data 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 analyst estimates of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.The company's revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company posted $0.99 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts predict that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. First National Bank of Omaha purchased a new position in shares of Interparfums in the second quarter worth approximately $414,000. BlackRock Inc. acquired a new position in Interparfums in the 2nd quarter worth approximately $326,252,000. Deutsche Bank AG acquired a new position in Interparfums in the 2nd quarter worth approximately $2,337,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Interparfums during the 2nd quarter worth approximately $1,212,000. Finally, Global Retirement Partners LLC acquired a new stake in Interparfums during the 2nd quarter valued at $48,000. 55.57% of the stock is currently owned by institutional investors and hedge funds.

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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