Inter Parfums FY2025 EPS Forecast Reduced by BWS Financial

Inter Parfums, Inc. (NASDAQ:IPAR - Free Report) - Equities researchers at BWS Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Inter Parfums in a report released on Monday, November 11th. BWS Financial analyst H. Khorsand now expects that the company will post earnings per share of $5.03 for the year, down from their prior forecast of $5.54. BWS Financial has a "Buy" rating and a $172.00 price target on the stock. The consensus estimate for Inter Parfums' current full-year earnings is $5.15 per share.

Inter Parfums (NASDAQ:IPAR - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.10. The business had revenue of $425.00 million during the quarter, compared to analyst estimates of $425.00 million. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. The company's revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the business posted $1.66 EPS.

IPAR has been the subject of a number of other research reports. DA Davidson reiterated a "buy" rating and set a $163.00 price objective on shares of Inter Parfums in a research note on Tuesday. Piper Sandler reduced their price objective on Inter Parfums from $158.00 to $155.00 and set an "overweight" rating for the company in a research note on Wednesday. Finally, StockNews.com upgraded Inter Parfums from a "sell" rating to a "hold" rating in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $157.50.

Inter Parfums Stock Performance

Shares of NASDAQ IPAR traded up $2.52 during trading on Thursday, reaching $130.72. 142,272 shares of the company traded hands, compared to its average volume of 145,718. The firm's fifty day simple moving average is $122.42 and its 200 day simple moving average is $122.47. The stock has a market cap of $4.19 billion, a P/E ratio of 28.05 and a beta of 1.16. Inter Parfums has a 12-month low of $108.39 and a 12-month high of $156.75. The company has a current ratio of 2.82, a quick ratio of 1.60 and a debt-to-equity ratio of 0.14.

Inter Parfums Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Monday, December 16th. Inter Parfums's dividend payout ratio (DPR) is presently 64.38%.

Insider Activity

In related news, Director Veronique Gabai-Pinsky sold 1,500 shares of Inter Parfums stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $125.96, for a total value of $188,940.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 43.90% of the company's stock.

Institutional Investors Weigh In On Inter Parfums

Institutional investors have recently bought and sold shares of the company. UniSuper Management Pty Ltd purchased a new position in Inter Parfums in the 1st quarter worth approximately $638,000. Bessemer Group Inc. lifted its stake in Inter Parfums by 6.0% in the 1st quarter. Bessemer Group Inc. now owns 85,990 shares of the company's stock worth $12,082,000 after purchasing an additional 4,880 shares in the last quarter. Empowered Funds LLC purchased a new position in Inter Parfums in the 1st quarter worth approximately $1,018,000. Harbor Capital Advisors Inc. lifted its stake in Inter Parfums by 306.7% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 5,478 shares of the company's stock worth $636,000 after purchasing an additional 4,131 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Inter Parfums in the 1st quarter worth approximately $601,000. 55.57% of the stock is currently owned by institutional investors and hedge funds.

About Inter Parfums

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.