Inter Parfums (NASDAQ:IPAR) Issues Quarterly Earnings Results

Inter Parfums (NASDAQ:IPAR) released its quarterly earnings results on Tuesday. The company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.05), Zacks reports. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. Inter Parfums updated its FY 2025 guidance to 5.350-5.350 EPS.

Inter Parfums Stock Up 0.9 %

Inter Parfums stock traded up $1.23 during midday trading on Tuesday, reaching $139.06. The stock had a trading volume of 192,610 shares, compared to its average volume of 121,403. The company has a fifty day moving average price of $135.04 and a two-hundred day moving average price of $129.36. Inter Parfums has a 12 month low of $108.39 and a 12 month high of $154.39. The company has a current ratio of 2.82, a quick ratio of 1.60 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $4.45 billion, a P/E ratio of 29.84 and a beta of 1.20.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. DA Davidson restated a “buy” rating and set a $163.00 price objective on shares of Inter Parfums in a research report on Thursday, January 23rd. Piper Sandler raised their price target on shares of Inter Parfums from $155.00 to $164.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Canaccord Genuity Group began coverage on shares of Inter Parfums in a research note on Thursday, January 16th. They issued a “buy” rating and a $158.00 price objective on the stock. Finally, BWS Financial reiterated a “buy” rating and set a $172.00 price objective on shares of Inter Parfums in a research report on Monday, January 27th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Inter Parfums has an average rating of “Moderate Buy” and a consensus price target of $159.40.

About Inter Parfums

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.