FY2025 EPS Estimate for Inter Parfums Decreased by Analyst

Inter Parfums, Inc. (NASDAQ:IPAR - Free Report) - Research analysts at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for Inter Parfums in a research note issued to investors on Wednesday, November 13th. DA Davidson analyst L. Weiser now expects that the company will earn $5.35 per share for the year, down from their prior forecast of $5.39. DA Davidson currently has a "Buy" rating and a $163.00 target price 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 posted its earnings results on Wednesday, November 6th. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.10. The company had revenue of $425.00 million for the quarter, compared to the consensus estimate of $425.00 million. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. The firm's revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.66 earnings per share.

A number of other equities research analysts also recently commented on IPAR. BWS Financial reiterated a "buy" rating and issued a $172.00 target price on shares of Inter Parfums in a research report on Monday. Piper Sandler decreased their price objective on Inter Parfums from $158.00 to $155.00 and set an "overweight" rating on the stock in a research report 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 given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $157.50.

Inter Parfums Price Performance

Shares of NASDAQ:IPAR traded up $2.52 during mid-day trading on Thursday, reaching $130.72. The stock had a trading volume of 142,272 shares, compared to its average volume of 145,718. The company has a current ratio of 2.82, a quick ratio of 1.60 and a debt-to-equity ratio of 0.14. The company 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 1 year low of $108.39 and a 1 year high of $156.75. The business's 50 day moving average price is $122.42 and its 200 day moving average price is $122.47.

Institutional Trading of Inter Parfums

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC lifted its holdings in shares of Inter Parfums by 44.4% during the 2nd quarter. CWM LLC now owns 286 shares of the company's stock valued at $33,000 after purchasing an additional 88 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Inter Parfums by 83.4% during the 3rd quarter. Blue Trust Inc. now owns 651 shares of the company's stock valued at $84,000 after purchasing an additional 296 shares during the last quarter. Mendota Financial Group LLC purchased a new stake in shares of Inter Parfums during the 2nd quarter valued at $89,000. Northwest & Ethical Investments L.P. purchased a new stake in shares of Inter Parfums during the 3rd quarter valued at $104,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Inter Parfums during the 3rd quarter valued at $209,000. Institutional investors own 55.57% of the company's stock.

Insider Buying and Selling

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $125.96, for a total transaction of $188,940.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 43.90% of the stock is owned by insiders.

Inter Parfums Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $3.00 annualized dividend and a yield of 2.29%. Inter Parfums's dividend payout ratio (DPR) is currently 64.38%.

Inter Parfums Company Profile

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.