Interparfums, Inc. (NASDAQ:IPAR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Interparfums, Inc. (NASDAQ:IPAR) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $106.00.

A number of research analysts have recently weighed in on IPAR shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. BWS Financial reaffirmed a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research report on Wednesday, April 22nd. Finally, TD Cowen started coverage on Interparfums in a research report on Monday. They set a “buy” rating and a $110.00 price objective on the stock.

Insider Buying and Selling at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of Interparfums stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the transaction, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. The trade was a 0.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 43.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

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

Interparfums Trading Up 0.6%

Interparfums stock opened at $88.88 on Friday. The business has a 50-day simple moving average of $91.88 and a two-hundred day simple moving average of $91.08. The company has a market cap of $2.85 billion, a P/E ratio of 16.87 and a beta of 1.16. Interparfums has a 52-week low of $77.21 and a 52-week high of $142.61. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10.

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

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.