Inter Parfums Stock Price, News & Analysis (NASDAQ:IPAR)

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 Wall Street research analysts have issued twelve-month price objectives for Inter Parfums' shares. Their IPAR share price targets range from $104.00 to $192.00. On average, they expect the company's stock price to reach $160.00 in the next year. This suggests a possible upside of 21.6% 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 36.3% and is now trading at $131.53.
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Inter Parfums saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 268,100 shares, an increase of 16.5% from the October 31st total of 230,200 shares. Based on an average daily volume of 113,700 shares, the short-interest ratio is presently 2.4 days. Approximately 1.5% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
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Inter Parfums, Inc. (NASDAQ:IPAR) announced its earnings results on Tuesday, November, 7th. The company reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.39. The firm had revenue of $368 million for the quarter, compared to the consensus estimate of $368 million. Inter Parfums had a net margin of 12.22% and a trailing twelve-month return on equity of 19.63%. The firm's revenue for the quarter was up 31.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.30 earnings per share.

Inter Parfums declared a quarterly dividend on Monday, February 13th. Investors of record on Friday, December 15th will be given a dividend of $0.625 per share on Sunday, December 31st. This represents a $2.50 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for IPAR.

Inter Parfums (NASDAQ:IPAR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 1.96%. 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 50.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPAR will have a dividend payout ratio of 49.31% next year. This indicates that the company will be able to sustain or increase its dividend.
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 issued an update on its FY24 earnings guidance on Tuesday, November, 21st. The company provided earnings per share guidance of $5.15 for the period. The company issued revenue guidance of $1.45 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' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (3.02%), Copeland Capital Management LLC (1.95%), Acadian Asset Management LLC (1.69%), Northern Trust Corp (1.49%), Ameriprise Financial Inc. (1.15%) and Bank of New York Mellon Corp (1.04%). 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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