Interparfums (NASDAQ:IPAR) Rating Increased to Strong-Buy at TD Cowen

Interparfums (NASDAQ:IPAR) was upgraded by research analysts at TD Cowen to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts also recently commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th. Zacks Research upgraded Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. BWS Financial restated a “neutral” rating and set a $85.00 target price on shares of Interparfums in a report on Wednesday, April 22nd. Finally, Wall Street Zen downgraded Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

Interparfums Price Performance

Shares of Interparfums stock opened at $91.75 on Monday. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The company has a market cap of $2.94 billion, a PE ratio of 17.41 and a beta of 1.16. The business has a 50 day moving average of $91.91 and a 200 day moving average of $91.04. Interparfums has a 52 week low of $77.21 and a 52 week high of $142.61.

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

Insider Transactions at Interparfums

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total value of $1,820,400.00. Following the completion of the transaction, the chief executive officer owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. This represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 43.70% of the company’s stock.

Hedge Funds Weigh In On Interparfums

Institutional investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its holdings in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after purchasing an additional 217 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in Interparfums in the third quarter worth $35,000. Advisory Services Network LLC bought a new position in Interparfums in the third quarter worth $40,000. Global Retirement Partners LLC grew its stake in shares of Interparfums by 39.0% in the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after acquiring an additional 135 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Interparfums by 34.2% in the first quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock worth $44,000 after acquiring an additional 124 shares during the last quarter. Institutional investors own 55.57% of the company’s stock.

About Interparfums

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.