Inter Parfums (IPAR) Stock Forecast, Price & News

4 Wall Street 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 research analysts is that investors should "buy" IPAR shares.
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4 Wall Street research analysts have issued 1 year price objectives for Inter Parfums' stock. Their IPAR share price forecasts range from $104.00 to $187.00. On average, they predict the company's share price to reach $160.25 in the next year. This suggests a possible upside of 19.7% 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 shares have increased by 38.7% and is now trading at $133.86.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
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Inter Parfums, Inc. (NASDAQ:IPAR) released its quarterly earnings data on Monday, May, 8th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.39 by $0.29. The firm earned $311.72 million during the quarter, compared to analyst estimates of $312.07 million. Inter Parfums had a trailing twelve-month return on equity of 18.87% and a net margin of 12.17%. The company's revenue was up 24.4% on a year-over-year basis. During the same period last year, the business earned $1.10 earnings per share.

Inter Parfums declared a quarterly dividend on Monday, February 13th. Investors of record on Thursday, June 15th will be paid a dividend of $0.625 per share on Friday, June 30th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Wednesday, June 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 DWA 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), Invesco S&P SmallCap Momentum ETF (XSMO) and First Trust Small Cap Growth AlphaDEX Fund (FYC).

Inter Parfums (NASDAQ:IPAR) pays an annual dividend of $2.50 per share and currently has a dividend yield of 1.86%. 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 57.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPAR will have a dividend payout ratio of 51.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IPAR.

Inter Parfums updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $4.25-$4.25 for the period, compared to the consensus estimate of $4.26. The company issued revenue guidance of $1.25 billion-$1.25 billion, compared to the consensus revenue estimate of $1.25 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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.62%), Dimensional Fund Advisors LP (2.65%), Copeland Capital Management LLC (2.21%), State Street Corp (1.91%), Royce & Associates LP (1.49%) and Price T Rowe Associates Inc. MD (1.33%). 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 $133.86.

Inter Parfums (NASDAQ:IPAR) has a market capitalization of $4.28 billion and generates $1.09 billion in revenue each year. The company earns $120.94 million in net income (profit) each year or $4.36 on an earnings per share basis.

The company employs 467 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.