Inter Parfums (IPAR) to Release Earnings on Monday
Inter Parfums (NASDAQ:IPAR) is scheduled to post its Q214 quarterly earnings results on Monday, August 11th. Analysts expect Inter Parfums to post earnings of $0.22 per share and revenue of $118.23 million for the quarter.
Shares of Inter Parfums (NASDAQ:IPAR) opened at 26.74 on Friday. Inter Parfums has a one year low of $25.62 and a one year high of $38.94. The stock’s 50-day moving average is $28.19 and its 200-day moving average is $31.65. The company has a market cap of $827.1 million and a price-to-earnings ratio of 50.43.
A number of research firms have recently commented on IPAR. Analysts at Zacks downgraded shares of Inter Parfums from a “neutral” rating to an “underperform” rating in a research note on Thursday. They now have a $25.50 price target on the stock. On a related note, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Inter Parfums in a research note on Friday, July 25th. They now have a $32.00 price target on the stock, down previously from $36.00. Finally, analysts at B. Riley cut their price target on shares of Inter Parfums from $40.00 to $35.00 in a research note on Friday, July 25th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $32.13.
Inter Parfums, Inc operates in the fragrance business, and manufactures, markets and distributes an array of fragrances and fragrance related products.
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