Interparfums, Inc. (NASDAQ:IPAR) Stock Has Average Target Price of $123.29

Interparfums, Inc. (NASDAQ:IPAR) has received a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $123.29.

Several equities analysts have recently commented on the stock. The Goldman Sachs Group cut shares of Interparfums from a “buy” rating to a “neutral” rating and increased their price target for the stock from $110.00 to $129.00 in a research report on Monday, August 10th. Berenberg Bank lowered Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price objective for the company. in a report on Friday, August 14th. Canaccord Genuity Group upped their price objective on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings restated a “hold (c)” rating on shares of Interparfums in a research note on Friday, October 2nd. Finally, Zacks Research downgraded Interparfums from a “hold” rating to a “strong sell” rating in a report on Monday, September 14th.

Interparfums Price Performance

Interparfums stock opened at $114.47 on Thursday. Interparfums has a 52-week low of $77.21 and a 52-week high of $129.29. The firm has a fifty day moving average of $114.90 and a 200-day moving average of $106.61. The firm has a market capitalization of $3.67 billion, a P/E ratio of 21.81 and a beta of 1.16. The company has a quick ratio of 2.00, a current ratio of 3.31 and a debt-to-equity ratio of 0.09.

Interparfums (NASDAQ:IPAR) last posted its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.95. Interparfums had a return on equity of 15.21% and a net margin of 11.17%. The business had revenue of $341.04 million during the quarter, compared to analyst estimates of $341.00 million. During the same quarter last year, the firm earned $0.99 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, analysts predict that Interparfums will post 4.85 EPS for the current year.

Insider Buying and Selling

In other Interparfums news, Director Veronique Gabai-Pinsky sold 900 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the sale, the director owned 900 shares in the company, valued at $105,174. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 43.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. GAMMA Investing LLC grew its position in Interparfums by 6.4% in the third quarter. GAMMA Investing LLC now owns 1,753 shares of the company’s stock valued at $195,000 after purchasing an additional 106 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of Interparfums during the 2nd quarter worth approximately $1,047,000. Integrated Wealth Concepts LLC acquired a new position in shares of Interparfums during the 2nd quarter worth approximately $50,000. Squarepoint Ops LLC increased its position in shares of Interparfums by 1,450.1% during the 2nd quarter. Squarepoint Ops LLC now owns 52,702 shares of the company’s stock worth $5,895,000 after purchasing an additional 49,302 shares during the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of Interparfums by 12.4% in the second quarter. Baird Financial Group Inc. now owns 3,840 shares of the company’s stock valued at $430,000 after buying an additional 424 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors.

About Interparfums

Inter Parfums, Inc is a fragrance company that develops, manufactures and distributes prestige and designer perfumes and related products. Its offerings include fragrances, body-care products and ancillary beauty items sold under a portfolio of owned and licensed brand names.

The company markets products associated with international fashion, luxury and lifestyle brands, including Montblanc, Jimmy Choo, Coach, Kate Spade, Oscar de la Renta, Rochas, Van Cleef & Arpels, Boucheron, Moncler and other brand partners.