Wall Street Zen Downgrades Interparfums (NASDAQ:IPAR) to Hold

Interparfums (NASDAQ:IPAR) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other analysts have also recently commented on the stock. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. BWS Financial restated a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research report on Thursday, January 29th. Jefferies Financial Group initiated coverage on Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective for the company. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $110.67.

Interparfums Stock Down 1.0%

Shares of NASDAQ:IPAR opened at $90.53 on Friday. Interparfums has a one year low of $77.21 and a one year high of $142.61. The company has a 50 day moving average of $96.47 and a 200-day moving average of $92.65. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 17.28 and a beta of 1.21.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The business had revenue of $386.18 million for the quarter, compared to analyst estimates of $366.76 million. During the same period in the prior year, the business posted $0.82 earnings per share. Interparfums’s revenue was up 6.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts forecast that Interparfums will post 5.14 earnings per share for the current year.

Hedge Funds Weigh In On Interparfums

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

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.