Inter Parfums (NASDAQ:IPAR) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Inter Parfums (NASDAQ:IPAR - Get Free Report) released its earnings results on Tuesday. The company reported $0.82 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.05), Zacks reports. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. The firm had revenue of $361.50 million for the quarter, compared to analyst estimates of $361.56 million. Inter Parfums updated its FY 2025 guidance to 5.350-5.350 EPS.

Inter Parfums Price Performance

Shares of NASDAQ IPAR traded down $1.37 during mid-day trading on Friday, hitting $138.92. 414,153 shares of the stock were exchanged, compared to its average volume of 139,994. Inter Parfums has a twelve month low of $108.39 and a twelve month high of $152.33. The stock's fifty day simple moving average is $135.89 and its two-hundred day simple moving average is $129.68. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.60 and a current ratio of 2.82. The company has a market cap of $4.45 billion, a P/E ratio of 29.81 and a beta of 1.20.

Inter Parfums Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.30%. This is a boost from Inter Parfums's previous quarterly dividend of $0.75. The ex-dividend date is Friday, March 14th. Inter Parfums's dividend payout ratio is currently 58.94%.

Wall Street Analysts Forecast Growth

IPAR has been the topic of a number of recent research reports. BWS Financial reiterated a "buy" rating and set a $172.00 price target on shares of Inter Parfums in a research note on Monday, January 27th. Piper Sandler lifted their target price on shares of Inter Parfums from $155.00 to $164.00 and gave the company an "overweight" rating in a research report on Wednesday, December 4th. Canaccord Genuity Group lifted their target price on shares of Inter Parfums from $158.00 to $168.00 and gave the company a "buy" rating in a research report on Thursday. Finally, DA Davidson lifted their price objective on Inter Parfums from $163.00 to $170.00 and gave the company a "buy" rating in a report on Thursday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $162.80.

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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.