Interparfums (NASDAQ:IPAR) Given Neutral Rating at BWS Financial

BWS Financial reiterated their neutral rating on shares of Interparfums (NASDAQ:IPAR) in a report issued on Thursday morning,Benzinga reports. BWS Financial currently has a $85.00 target price on the stock.

Other research analysts also recently issued research reports about the stock. Canaccord Genuity Group reissued a “buy” rating and issued a $123.00 price objective on shares of Interparfums in a research report on Wednesday, November 19th. Jefferies Financial Group assumed coverage on shares of Interparfums in a research note on Wednesday, January 14th. They issued a “buy” rating and a $112.00 target price for the company. Sanford C. Bernstein raised Interparfums to a “strong-buy” rating in a research report on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research report on Monday, December 29th. Finally, UBS Group set a $103.00 target price on Interparfums in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $119.14.

Interparfums Stock Up 0.3%

NASDAQ IPAR opened at $95.55 on Thursday. The stock has a market capitalization of $3.06 billion, a P/E ratio of 18.70 and a beta of 1.23. Interparfums has a 52 week low of $77.21 and a 52 week high of $148.15. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.99 and a current ratio of 3.27. The stock has a fifty day moving average of $86.28 and a 200-day moving average of $99.13.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.89 by $0.16. Interparfums had a net margin of 11.24% and a return on equity of 16.31%. The company had revenue of $429.58 million during the quarter, compared to analysts’ expectations of $431.78 million. During the same quarter in the previous year, the company earned $1.93 EPS. Interparfums’s revenue was up 1.2% on a year-over-year basis. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. On average, equities research analysts forecast that Interparfums will post 5.14 EPS for the current year.

Institutional Investors Weigh In On Interparfums

A number of hedge funds have recently made changes to their positions in IPAR. Charles Schwab Investment Management Inc. raised its position in Interparfums by 2.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 714,891 shares of the company’s stock worth $93,872,000 after purchasing an additional 15,453 shares during the last quarter. GW Henssler & Associates Ltd. acquired a new stake in shares of Interparfums in the second quarter valued at about $12,701,000. Carolina Wealth Advisors LLC raised its position in shares of Interparfums by 7,956.7% during the third quarter. Carolina Wealth Advisors LLC now owns 46,326 shares of the company’s stock worth $4,558,000 after acquiring an additional 45,751 shares during the last quarter. Bahl & Gaynor Inc. lifted its stake in shares of Interparfums by 8.5% in the second quarter. Bahl & Gaynor Inc. now owns 406,497 shares of the company’s stock worth $53,377,000 after acquiring an additional 31,850 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in Interparfums by 93.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,920 shares of the company’s stock valued at $909,000 after acquiring an additional 3,352 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

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.