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NASDAQ:IPAR

Inter Parfums (IPAR) Stock Price, News & Analysis

$120.40
+2.32 (+1.96%)
(As of 10/17/2024 ET)

About Inter Parfums Stock (NASDAQ:IPAR)

Key Stats

Today's Range
$116.78
$120.63
50-Day Range
$114.88
$134.22
52-Week Range
$108.39
$156.75
Volume
135,089 shs
Average Volume
144,225 shs
Market Capitalization
$3.86 billion
P/E Ratio
27.43
Dividend Yield
2.49%
Price Target
$156.50
Consensus Rating
Buy

Company Overview

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. Dupont, Van Cleef & Arpels, Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Emanual Ungaro, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, Ungaro, and Roberto Cavalli brands, as well as French Connection, Intimate, and Dunhill, Lacoste names. It sells its products to department stores, perfumeries, specialty stores, duty free shops, and domestic and international wholesalers, and distributors, as well as through e-commerce. The company was formerly known as Jean Philippe Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July 1999. Inter Parfums, Inc. was founded in 1982 and is headquartered in New York, New York.

Inter Parfums Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

IPAR MarketRank™: 

Inter Parfums scored higher than 97% of companies evaluated by MarketBeat, and ranked 3rd out of 138 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Inter Parfums has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Inter Parfums has only been the subject of 3 research reports in the past 90 days.

  • Read more about Inter Parfums' stock forecast and price target.
  • Earnings Growth

    Earnings for Inter Parfums are expected to grow by 11.26% in the coming year, from $5.15 to $5.73 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Inter Parfums is 27.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Inter Parfums is 27.43, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.89.

  • Price to Book Value per Share Ratio

    Inter Parfums has a P/B Ratio of 4.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Inter Parfums' valuation and earnings.
  • Percentage of Shares Shorted

    3.69% of the float of Inter Parfums has been sold short.
  • Short Interest Ratio / Days to Cover

    Inter Parfums has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in Inter Parfums has recently decreased by 6.86%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Inter Parfums pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Inter Parfums does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Inter Parfums is 69.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Inter Parfums will have a dividend payout ratio of 52.36% next year. This indicates that Inter Parfums will be able to sustain or increase its dividend.

  • Read more about Inter Parfums' dividend.
  • Percentage of Shares Shorted

    3.69% of the float of Inter Parfums has been sold short.
  • Short Interest Ratio / Days to Cover

    Inter Parfums has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in Inter Parfums has recently decreased by 6.86%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Inter Parfums has a news sentiment score of 1.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Inter Parfums this week, compared to 4 articles on an average week.
  • MarketBeat Follows

    3 people have added Inter Parfums to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Inter Parfums insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $188,940.00 in company stock.

  • Percentage Held by Insiders

    43.90% of the stock of Inter Parfums is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    55.57% of the stock of Inter Parfums is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Inter Parfums' insider trading history.
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IPAR Stock News Headlines

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IPAR Stock Analysis - Frequently Asked Questions

Inter Parfums' stock was trading at $144.01 at the beginning of 2024. Since then, IPAR shares have decreased by 16.4% and is now trading at $120.40.
View the best growth stocks for 2024 here
.

Inter Parfums, Inc. (NASDAQ:IPAR) released its earnings results on Tuesday, August, 6th. The company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.05 by $0.09. Inter Parfums's revenue was up 10.7% compared to the same quarter last year.

Top institutional investors of Inter Parfums include Annex Advisory Services LLC (0.27%), Handelsbanken Fonder AB (0.02%), Curbstone Financial Management Corp (0.01%) and Inspire Investing LLC (0.01%). Insiders that own company stock include Jean Madar, Russell Greenberg, Gilbert Harrison, Veronique Gabai-Pinsky, Philippe Benacin, Pelayo Frederic Garcia, Philippe Santi and Francois Heilbronn.
View institutional ownership trends
.

Shares of IPAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Inter Parfums investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), Visa (V) and Tesla (TSLA).

Company Calendar

Last Earnings
8/06/2024
Ex-Dividend for 9/30 Dividend
9/13/2024
Dividend Payable
9/30/2024
Today
10/17/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Toilet preparations
Sub-Industry
Personal Products
Current Symbol
NASDAQ:IPAR
CUSIP
45833410
Employees
530
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$156.50
High Stock Price Target
$172.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+30.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$152.65 million
Pretax Margin
17.08%

Debt

Sales & Book Value

Annual Sales
$1.36 billion
Cash Flow
$5.20 per share
Book Value
$27.90 per share

Miscellaneous

Free Float
17,965,000
Market Cap
$3.86 billion
Optionable
Optionable
Beta
1.15

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This page (NASDAQ:IPAR) was last updated on 10/18/2024 by MarketBeat.com Staff
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