Interparfums (NASDAQ:IPAR) Releases FY 2025 Earnings Guidance

Key Points

• Interparfums updated its FY 2025 earnings guidance, projecting earnings per share of $5.35, slightly below the consensus estimate of $5.39.
• The company maintained its revenue guidance at $1.5 billion, aligning with market expectations.
• Despite recent earnings misses and insider selling, analysts view Interparfums stock positively, with an average rating of "Moderate Buy" and a target price of $162.00.

Interparfums (NASDAQ:IPAR - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.350-5.350 for the period, compared to the consensus estimate of 5.390. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.

Interparfums Price Performance

Shares of IPAR traded down $1.29 on Friday, reaching $115.82. The stock had a trading volume of 180,894 shares, compared to its average volume of 243,831. The firm has a market capitalization of $3.72 billion, a PE ratio of 23.21 and a beta of 1.43. The company has a quick ratio of 1.68, a current ratio of 2.96 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average of $131.48 and a 200 day moving average of $126.78. Interparfums has a twelve month low of $97.65 and a twelve month high of $148.15.

Interparfums (NASDAQ:IPAR - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.99 EPS for the quarter, missing analysts' consensus estimates of $1.10 by ($0.11). The company had revenue of $333.94 million for the quarter, compared to analyst estimates of $357.58 million. Interparfums had a net margin of 11.03% and a return on equity of 16.45%. Interparfums's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.14 EPS. Sell-side analysts expect that Interparfums will post 5.14 EPS for the current year.

Interparfums Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, September 15th. Interparfums's dividend payout ratio is 64.13%.

Analyst Ratings Changes

A number of brokerages have commented on IPAR. Piper Sandler reiterated an "overweight" rating and set a $138.00 target price (down previously from $169.00) on shares of Interparfums in a report on Thursday, April 24th. BWS Financial reiterated a "buy" rating and set a $172.00 target price on shares of Interparfums in a report on Wednesday, May 7th.

Insiders Place Their Bets

In other Interparfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $122.15, for a total transaction of $183,225.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gilbert Harrison sold 400 shares of the stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $133.96, for a total value of $53,584.00. Following the transaction, the director directly owned 1,550 shares in the company, valued at approximately $207,638. This represents a 20.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,900 shares of company stock valued at $376,039 in the last quarter. 43.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 worth $1,235,000 after purchasing an additional 476 shares during the period. AQR Capital Management LLC raised its position in shares of Interparfums by 61.7% in the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company's stock worth $333,000 after buying an additional 1,115 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Interparfums by 2.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company's stock worth $15,825,000 after buying an additional 3,684 shares during the period. Finally, Royal Bank of Canada raised its position in shares of Interparfums by 8.7% in the 1st quarter. Royal Bank of Canada now owns 55,923 shares of the company's stock worth $6,368,000 after buying an additional 4,453 shares during the period. Hedge funds and other institutional investors 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.