Inter Parfums (IPAR) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inter Parfums in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IPAR shares.
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4 Wall Street analysts have issued 1 year target prices for Inter Parfums' shares. Their IPAR share price forecasts range from $104.00 to $187.00. On average, they anticipate the company's share price to reach $159.25 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
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Inter Parfums' stock was trading at $96.52 at the start of the year. Since then, IPAR stock has increased by 48.8% and is now trading at $143.63.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
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Inter Parfums, Inc. (NASDAQ:IPAR) released its quarterly earnings data on Tuesday, August, 8th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.20. The company earned $309.24 million during the quarter, compared to analyst estimates of $309 million. Inter Parfums had a net margin of 12.13% and a trailing twelve-month return on equity of 19.06%. The business's revenue was up 26.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.86 earnings per share.

Inter Parfums declared a quarterly dividend on Monday, February 13th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.625 per share on Saturday, September 30th. This represents a $2.50 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for IPAR.

ETFs with the largest weight of Inter Parfums (NASDAQ:IPAR) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), ERShares NextGen Entrepreneurs ETF (ERSX), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and Invesco S&P SmallCap Momentum ETF (XSMO).

Inter Parfums (NASDAQ:IPAR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 1.79%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPAR will have a dividend payout ratio of 49.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IPAR.

Inter Parfums issued an update on its FY23 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $4.25-4.55 for the period, compared to the consensus EPS estimate of $4.40. The company issued revenue guidance of approx $1.30 billion, compared to the consensus revenue estimate of $1.30 billion.

7 employees have rated Inter Parfums Chief Executive Officer Jean Madar on Glassdoor.com. Jean Madar has an approval rating of 100% among the company's employees. This puts Jean Madar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Inter Parfums investors own include AT&T (T), Pfizer (PFE), Energy Transfer (ET), NVIDIA (NVDA), General Motors (GM), Southwest Airlines (LUV), Monster Beverage (MNST), Agilent Technologies (A), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Inter Parfums trades on the NASDAQ under the ticker symbol "IPAR."

Inter Parfums' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.72%), Dimensional Fund Advisors LP (2.52%), Copeland Capital Management LLC (2.28%), State Street Corp (1.96%), Acadian Asset Management LLC (1.70%) and Northern Trust Corp (1.53%). Insiders that own company stock include Francois Heilbronn, Gilbert Harrison, Jean Madar, Pelayo Frederic Garcia, Philippe Benacin, Philippe Santi, Russell Greenberg and Veronique Gabai-Pinsky.
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Shares of IPAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IPAR stock can currently be purchased for approximately $143.63.

Inter Parfums (NASDAQ:IPAR) has a market capitalization of $4.59 billion and generates $1.09 billion in revenue each year. The company earns $120.94 million in net income (profit) each year or $4.59 on an earnings per share basis.

The company employs 527 workers across the globe.

Inter Parfums' mailing address is 551 Fifth Avenue, New York NY, 10176. The official website for the company is www.interparfumsinc.com. The company can be reached via phone at (212) 983-2640, via email at rgreenberg@interparfumsinc.com, or via fax at 212-983-4197.