Q4 EPS Estimates for Inter Parfums Lowered by Zacks Research

Inter Parfums, Inc. (NASDAQ:IPAR - Free Report) - Equities research analysts at Zacks Research decreased their Q4 2024 earnings estimates for Inter Parfums in a research note issued on Wednesday, November 20th. Zacks Research analyst V. Bagree now forecasts that the company will post earnings per share of $0.81 for the quarter, down from their previous estimate of $0.90. The consensus estimate for Inter Parfums' current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Inter Parfums' Q1 2025 earnings at $1.36 EPS, Q2 2025 earnings at $1.24 EPS, Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $5.35 EPS, Q2 2026 earnings at $1.30 EPS and FY2026 earnings at $5.84 EPS.

Inter Parfums (NASDAQ:IPAR - Get Free Report) last issued 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. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. The company had revenue of $425.00 million for the quarter, compared to analysts' expectations of $425.00 million. During the same quarter last year, the company earned $1.66 EPS. The firm's revenue was up 15.5% compared to the same quarter last year.

IPAR has been the topic of several other research reports. StockNews.com upgraded shares of Inter Parfums from a "sell" rating to a "hold" rating in a report on Wednesday, August 7th. DA Davidson reissued a "buy" rating and set a $163.00 price target on shares of Inter Parfums in a research report on Tuesday, November 12th. BWS Financial restated a "buy" rating and issued a $172.00 price objective on shares of Inter Parfums in a research report on Monday, November 11th. Finally, Piper Sandler reduced their target price on Inter Parfums from $158.00 to $155.00 and set an "overweight" rating on the stock in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Inter Parfums has an average rating of "Moderate Buy" and an average price target of $157.50.

Inter Parfums Trading Up 3.2 %

Shares of NASDAQ IPAR traded up $4.32 during midday trading on Monday, reaching $138.39. The company had a trading volume of 202,430 shares, compared to its average volume of 145,339. The firm's fifty day moving average price is $123.92 and its 200-day moving average price is $122.97. The company has a quick ratio of 1.60, a current ratio of 2.82 and a debt-to-equity ratio of 0.14. Inter Parfums has a one year low of $108.39 and a one year high of $156.75. The stock has a market cap of $4.43 billion, a PE ratio of 29.73 and a beta of 1.16.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Inter Parfums by 1.5% during the first quarter. Vanguard Group Inc. now owns 2,054,786 shares of the company's stock worth $288,718,000 after acquiring an additional 30,316 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Inter Parfums by 43.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,883 shares of the company's stock worth $405,000 after buying an additional 878 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its position in Inter Parfums by 6.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 18,460 shares of the company's stock valued at $2,591,000 after buying an additional 1,091 shares in the last quarter. Janus Henderson Group PLC raised its stake in Inter Parfums by 119.7% during the first quarter. Janus Henderson Group PLC now owns 19,953 shares of the company's stock valued at $2,804,000 after buying an additional 10,870 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new stake in Inter Parfums in the first quarter worth $601,000. Hedge funds and other institutional investors own 55.57% of the company's stock.

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.