Inter Parfums (IPAR) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inter Parfums in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IPAR shares.
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4 equities research analysts have issued 12 month price targets for Inter Parfums' shares. Their IPAR share price forecasts range from $104.00 to $187.00. On average, they expect the company's share price to reach $159.25 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price.
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Inter Parfums' stock was trading at $96.52 at the beginning of 2023. Since then, IPAR stock has increased by 36.7% and is now trading at $131.98.
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Inter Parfums saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 259,000 shares, an increase of 15.1% from the August 31st total of 225,100 shares. Based on an average trading volume of 112,900 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.4% of the company's shares are short sold.
View Inter Parfums' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our IPAR earnings forecast.

Inter Parfums, Inc. (NASDAQ:IPAR) issued its quarterly earnings data on Tuesday, August, 8th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.20. The firm had revenue of $309.24 million for 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 company's revenue was up 26.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 EPS.

Inter Parfums declared a quarterly dividend on Monday, February 13th. Shareholders of record on Friday, September 15th will be given a dividend of $0.625 per share on Saturday, September 30th. This represents a $2.50 annualized dividend and a yield of 1.89%. 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 1.84%. 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 earnings per share (EPS) guidance of $4.25-4.55 for the period, compared to the consensus 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 retail and institutional 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.
View institutional ownership trends.

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 $131.98.

Inter Parfums (NASDAQ:IPAR) has a market capitalization of $4.22 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.