Interparfums, Inc. (NASDAQ:IPAR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Interparfums, Inc. (NASDAQ:IPAR) have received an average rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $119.1429.

IPAR has been the topic of a number of recent research reports. BWS Financial restated a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research report on Thursday, January 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research report on Monday, December 29th. Jefferies Financial Group assumed coverage on shares of Interparfums in a report on Wednesday, January 14th. They issued a “buy” rating and a $112.00 price objective for the company. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $123.00 price target on shares of Interparfums in a research report on Wednesday, November 19th.

Interparfums Trading Down 3.7%

Interparfums stock opened at $95.50 on Wednesday. The stock has a 50-day moving average price of $94.74 and a 200 day moving average price of $95.19. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. The stock has a market cap of $3.06 billion, a PE ratio of 18.23 and a beta of 1.21. Interparfums has a 52 week low of $77.21 and a 52 week high of $142.61.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.10. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The firm had revenue of $386.18 million for the quarter, compared to the consensus estimate of $366.76 million. During the same period in the prior year, the business posted $0.82 earnings per share. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts predict that Interparfums will post 5.14 earnings per share for the current fiscal year.

Interparfums Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, March 16th. Interparfums’s dividend payout ratio (DPR) is 61.07%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in Interparfums by 2.2% during the second quarter. Charles Schwab Investment Management Inc. now owns 714,891 shares of the company’s stock valued at $93,872,000 after purchasing an additional 15,453 shares in the last quarter. Public Sector Pension Investment Board increased its position in Interparfums by 16.4% during the third quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company’s stock worth $7,026,000 after buying an additional 10,080 shares during the last quarter. Carolina Wealth Advisors LLC raised its stake in shares of Interparfums by 7,956.7% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 46,326 shares of the company’s stock valued at $4,558,000 after acquiring an additional 45,751 shares in the last quarter. Bahl & Gaynor Inc. raised its position in shares of Interparfums by 8.5% in the second quarter. Bahl & Gaynor Inc. now owns 406,497 shares of the company’s stock valued at $53,377,000 after purchasing an additional 31,850 shares during the period. Finally, Westwood Holdings Group Inc. raised its holdings in Interparfums by 66.8% in the 2nd quarter. Westwood Holdings Group Inc. now owns 775,590 shares of the company’s stock worth $101,843,000 after acquiring an additional 310,712 shares during the period. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Company Profile

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.