Inter Parfums (IPAR) to Release Quarterly Earnings on Tuesday

Inter Parfums (NASDAQ:IPAR - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect Inter Parfums to post earnings of $0.87 per share and revenue of $361.56 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Inter Parfums Trading Down 0.2 %

NASDAQ:IPAR traded down $0.30 during midday trading on Friday, hitting $134.27. The stock had a trading volume of 169,507 shares, compared to its average volume of 118,600. The stock has a 50-day moving average of $135.01 and a 200 day moving average of $129.36. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 28.81 and a beta of 1.20. Inter Parfums has a one year low of $108.39 and a one year high of $154.45. The company has a quick ratio of 1.60, a current ratio of 2.82 and a debt-to-equity ratio of 0.14.

Analyst Ratings Changes

A number of research firms have recently issued reports on IPAR. Canaccord Genuity Group initiated coverage on Inter Parfums in a research report on Thursday, January 16th. They set a "buy" rating and a $158.00 price target on the stock. Piper Sandler increased their target price on shares of Inter Parfums from $155.00 to $164.00 and gave the stock an "overweight" rating in a report on Wednesday, December 4th. DA Davidson restated a "buy" rating and issued a $163.00 price target on shares of Inter Parfums in a report on Thursday, January 23rd. Finally, BWS Financial reiterated a "buy" rating and set a $172.00 price objective on shares of Inter Parfums in a research note on Monday, January 27th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $159.40.

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.