Interparfums (NASDAQ:IPAR) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Interparfums, Inc. (NASDAQ:IPAR) shares crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $105.24 and traded as high as $114.13. Interparfums shares last traded at $113.95, with a volume of 251,422 shares changing hands.

Wall Street Analyst Weigh In

IPAR has been the topic of several recent analyst reports. Canaccord Genuity Group lifted their target price on shares of Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. BWS Financial downgraded Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 price objective for the company. in a research note on Monday, August 17th. Jefferies Financial Group boosted their price target on shares of Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. The Goldman Sachs Group lowered shares of Interparfums from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $110.00 to $129.00 in a research report on Monday, August 10th. Finally, Berenberg Bank cut shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price target on the stock. in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $123.29.

Interparfums Price Performance

The business’s fifty day simple moving average is $116.98 and its 200-day simple moving average is $105.24. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. The firm has a market cap of $3.65 billion, a P/E ratio of 21.79 and a beta of 1.16.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.95 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.95. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.The business had revenue of $341.04 million for the quarter, compared to analysts’ expectations of $341.00 million. During the same quarter in the prior year, the firm posted $0.99 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, analysts forecast that Interparfums, Inc. will post 4.85 EPS for the current fiscal year.

Insider Transactions at Interparfums

In related news, Director Veronique Gabai-Pinsky sold 900 shares of Interparfums stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the sale, the director owned 900 shares of the company’s stock, valued at approximately $105,174. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 43.60% of the company’s stock.

Hedge Funds Weigh In On Interparfums

A number of institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC bought a new stake in shares of Interparfums during the 2nd quarter valued at about $1,047,000. Integrated Wealth Concepts LLC purchased a new stake in Interparfums in the second quarter valued at approximately $50,000. Squarepoint Ops LLC raised its stake in Interparfums by 1,450.1% in the second quarter. Squarepoint Ops LLC now owns 52,702 shares of the company’s stock valued at $5,895,000 after purchasing an additional 49,302 shares in the last quarter. Baird Financial Group Inc. lifted its position in Interparfums by 12.4% during the second quarter. Baird Financial Group Inc. now owns 3,840 shares of the company’s stock valued at $430,000 after purchasing an additional 424 shares during the last quarter. Finally, Nykredit A S purchased a new position in Interparfums in the 2nd quarter worth approximately $69,000. 55.57% of the stock is currently owned by institutional investors.

Interparfums Company Profile

Inter Parfums, Inc is a fragrance company that develops, manufactures and distributes prestige and designer perfumes and related products. Its offerings include fragrances, body-care products and ancillary beauty items sold under a portfolio of owned and licensed brand names.

The company markets products associated with international fashion, luxury and lifestyle brands, including Montblanc, Jimmy Choo, Coach, Kate Spade, Oscar de la Renta, Rochas, Van Cleef & Arpels, Boucheron, Moncler and other brand partners.