Interparfums (NASDAQ:IPAR) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Interparfums, Inc. (NASDAQ:IPAR)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $96.62 and traded as high as $124.95. Interparfums shares last traded at $123.23, with a volume of 218,430 shares trading hands.

Wall Street Analysts Forecast Growth

IPAR has been the subject of a number of recent research reports. TD Cowen started coverage on shares of Interparfums in a research note on Monday, June 1st. They set a “buy” rating and a $110.00 price objective for the company. Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. BWS Financial restated a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research note on Wednesday, April 22nd. Finally, Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

Interparfums Stock Performance

The company has a market capitalization of $3.95 billion, a P/E ratio of 23.38 and a beta of 1.13. The stock’s fifty day moving average price is $101.76 and its 200-day moving average price is $96.62. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Deprince Race & Zollo Inc. acquired a new stake in shares of Interparfums during the 1st quarter worth about $30,283,000. Norges Bank acquired a new position in Interparfums in the 4th quarter valued at about $19,313,000. Royce & Associates LP grew its stake in Interparfums by 42.0% in the 4th quarter. Royce & Associates LP now owns 683,201 shares of the company’s stock valued at $57,956,000 after buying an additional 202,207 shares during the last quarter. Millennium Management LLC raised its holdings in Interparfums by 823.0% in the 3rd quarter. Millennium Management LLC now owns 205,526 shares of the company’s stock valued at $20,220,000 after acquiring an additional 183,258 shares during the period. Finally, Squarepoint Ops LLC raised its holdings in Interparfums by 249.3% in the 2nd quarter. Squarepoint Ops LLC now owns 225,907 shares of the company’s stock valued at $29,664,000 after acquiring an additional 161,239 shares during the period. 55.57% of the stock is currently owned by institutional investors.

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.