Interparfums, Inc. (NASDAQ:IPAR) Receives $105.20 Consensus Price Target from Brokerages

Interparfums, Inc. (NASDAQ:IPAR) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $105.20.

IPAR has been the subject of a number of analyst reports. Zacks Research raised shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Finally, BWS Financial reissued a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research report on Wednesday, April 22nd.

Insider Buying and Selling at Interparfums

In related news, CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the completion of the sale, the chief executive officer owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 43.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Interparfums

Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Interparfums by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock valued at $11,277,000 after acquiring an additional 24,673 shares in the last quarter. Public Sector Pension Investment Board grew its position in Interparfums by 16.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company’s stock worth $7,026,000 after purchasing an additional 10,080 shares during the period. Vanguard Group Inc. grew its position in Interparfums by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after purchasing an additional 62,832 shares during the period. UBS Group AG grew its position in Interparfums by 91.4% in the 4th quarter. UBS Group AG now owns 131,105 shares of the company’s stock worth $11,122,000 after purchasing an additional 62,605 shares during the period. Finally, Tudor Investment Corp ET AL bought a new stake in Interparfums in the 3rd quarter worth approximately $5,156,000. Institutional investors own 55.57% of the company’s stock.

Interparfums Price Performance

Shares of NASDAQ IPAR opened at $86.16 on Monday. Interparfums has a fifty-two week low of $77.21 and a fifty-two week high of $142.61. The company has a 50 day simple moving average of $91.95 and a two-hundred day simple moving average of $90.87. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 16.35 and a beta of 1.16. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.21. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The business had revenue of $344.89 million during the quarter, compared to the consensus estimate of $345.00 million. During the same quarter last year, the firm earned $1.32 earnings per share. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Analysts expect that Interparfums will post 4.82 EPS for the current fiscal year.

Interparfums Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.20 annualized dividend and a dividend yield of 3.7%. Interparfums’s dividend payout ratio (DPR) is 60.72%.

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.