Interparfums (NASDAQ:IPAR) Issues FY 2025 Earnings Guidance

Interparfums (NASDAQ:IPAR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.120-5.120 for the period, compared to the consensus estimate of 5.190. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on IPAR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Interparfums in a report on Wednesday, October 8th. Canaccord Genuity Group reissued a “buy” rating and issued a $168.00 target price on shares of Interparfums in a report on Tuesday, October 21st. Sanford C. Bernstein raised Interparfums to a “strong-buy” rating in a report on Tuesday, October 21st. Jefferies Financial Group reduced their target price on Interparfums from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, October 28th. Finally, BWS Financial reissued a “buy” rating and issued a $172.00 target price on shares of Interparfums in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Interparfums has an average rating of “Buy” and an average price target of $154.60.

Interparfums Trading Up 1.9%

Interparfums stock traded up $1.67 during mid-day trading on Wednesday, hitting $91.25. 225,563 shares of the company’s stock were exchanged, compared to its average volume of 243,664. The firm has a market capitalization of $2.93 billion, a P/E ratio of 18.29 and a beta of 1.39. Interparfums has a fifty-two week low of $87.46 and a fifty-two week high of $148.15. The company has a quick ratio of 1.69, a current ratio of 2.96 and a debt-to-equity ratio of 0.14. The company’s 50 day simple moving average is $101.12 and its 200-day simple moving average is $117.02.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.11). Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The firm had revenue of $333.94 million during the quarter, compared to analyst estimates of $357.58 million. During the same period in the prior year, the business earned $1.14 EPS. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. On average, equities analysts anticipate that Interparfums will post 5.14 earnings per share for the current year.

Institutional Investors Weigh In On Interparfums

Several institutional investors have recently made changes to their positions in IPAR. Royal Bank of Canada increased its holdings in shares of Interparfums by 8.7% during the first 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 in the last quarter. AQR Capital Management LLC increased its holdings in shares of Interparfums by 61.7% during the first 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in 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 last quarter. Goldman Sachs Group Inc. raised its position in Interparfums by 2.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after purchasing an additional 3,684 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in Interparfums by 24.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock worth $1,281,000 after purchasing an additional 1,893 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors.

Interparfums Company Profile

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.