Interparfums, Inc. (NASDAQ:IPAR) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Interparfums, Inc. (NASDAQ:IPAR) have been assigned a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $119.1429.

A number of research firms have recently weighed in on IPAR. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. BWS Financial reissued a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research note on Thursday, January 29th. Wall Street Zen raised shares of Interparfums from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, Jefferies Financial Group initiated coverage on shares of Interparfums in a research report on Wednesday, January 14th. They issued a “buy” rating and a $112.00 target price for the company.

Hedge Funds Weigh In On Interparfums

Several hedge funds have recently bought and sold shares of IPAR. Exchange Traded Concepts LLC bought a new position in Interparfums during the third quarter valued at about $34,000. Hantz Financial Services Inc. boosted its stake in shares of Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Interparfums during the 3rd quarter valued at about $35,000. Advisory Services Network LLC acquired a new position in shares of Interparfums during the 3rd quarter valued at about $40,000. Finally, Global Retirement Partners LLC raised its stake in shares of Interparfums by 39.0% in the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after acquiring an additional 135 shares in the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

Interparfums Trading Up 0.2%

NASDAQ IPAR opened at $89.96 on Friday. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. Interparfums has a 1-year low of $77.21 and a 1-year high of $142.61. The firm’s fifty day simple moving average is $96.35 and its 200-day simple moving average is $93.30. The company has a market capitalization of $2.89 billion, a PE ratio of 17.17 and a beta of 1.21.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.10. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The firm had revenue of $386.18 million during the quarter, compared to analysts’ expectations of $366.76 million. During the same quarter last year, the firm earned $0.82 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, sell-side analysts anticipate that Interparfums will post 5.14 earnings per share for the current fiscal year.

Interparfums Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, March 16th. Interparfums’s payout ratio is presently 61.07%.

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.