Inter Parfums (IPAR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $124.45 to $127.28
• 50-Day Range: $115.80 to $131.15
• 52-Week Range: $108.39 to $156.75
• Volume: 94,314 shs
• Average Volume: 145,143 shs
• Market Capitalization: $4.07 billion
• P/E Ratio: 27.28
• Dividend Yield: 2.36%
• Price Target: $157.50
• Consensus Rating: Buy

Inter Parfums Stock Analysis - MarketRank™

Inter Parfums scored higher than 76% of companies evaluated by MarketBeat, and ranked 56th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 3.88%

Earnings Growth

Earnings for Inter Parfums are expected to grow by 3.88% in the coming year, from $5.15 to $5.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Inter Parfums is 27.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Inter Parfums is 27.28, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.99.

Price to Book Value per Share Ratio

Inter Parfums has a P/B Ratio of 4.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.78% 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 4.8.

Change versus previous month

Short interest in Inter Parfums has recently increased by 14.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Inter Parfums pays a meaningful dividend of 2.40%, 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 64.38%. 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 56.07% next year. This indicates that Inter Parfums will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -1.60

Percentage of Shares Shorted

3.78% 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 4.8.

Change versus previous month

Short interest in Inter Parfums has recently increased by 14.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.37

News Sentiment

Inter Parfums has a news sentiment score of 0.37. 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 lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Inter Parfums this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 2 people have added Inter Parfums to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Inter Parfums insiders have not sold or bought any 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.

IPAR Stock Analysis - Frequently Asked Questions

How have IPAR shares performed this year?

Inter Parfums' stock was trading at $144.01 at the beginning of 2024. Since then, IPAR shares have decreased by 11.7% and is now trading at $127.1150.
View the best growth stocks for 2024 here.

How were Inter Parfums' earnings last quarter?

Inter Parfums, Inc. (NASDAQ:IPAR) issued its quarterly 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's quarterly revenue was up 15.5% compared to the same quarter last year.

Who are Inter Parfums' major shareholders?

Inter Parfums' top institutional investors include State Street Corp (2.11%), Royce & Associates LP (1.86%), Geode Capital Management LLC (1.36%) and Victory Capital Management Inc. (1.14%). Insiders that own company stock include Jean Madar, Russell Greenberg, Gilbert Harrison, Veronique Gabai-Pinsky, Philippe Benacin, Pelayo Frederic Garcia and Philippe Santi.
View institutional ownership trends.

How do I buy shares of Inter Parfums?

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.

What other stocks do shareholders of Inter Parfums own?

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

• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 11/06/2024
• Today: 11/20/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Toilet preparations
• Sub-Industry: Personal Products
• Current Symbol: NASDAQ:IPAR
• CUSIP: 45833410
• CIK: 822663
• Web: www.interparfumsinc.com
• Phone: (212) 983-2640
• Fax: 212-983-4197
• Employees: 530
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $157.50
• High Stock Price Target: $172.00
• Low Stock Price Target: $140.00
• Potential Upside/Downside: +23.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.66
• Trailing P/E Ratio: 27.28
• Forward P/E Ratio: 24.68
• P/E Growth: N/A
• Net Income: $152.65 million
• Net Margins: 10.60%
• Pretax Margin: 17.37%
• Return on Equity: 16.34%
• Return on Assets: 10.82%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 2.82
• Quick Ratio: 1.60

Sales & Book Value

• Annual Sales: $1.32 billion
• Price / Sales: 3.09
• Cash Flow: $5.42 per share
• Price / Cash Flow: 23.45
• Book Value: $27.90 per share
• Price / Book: 4.56

Miscellaneous

• Outstanding Shares: 32,030,000
• Free Float: 17,969,000
• Market Cap: $4.07 billion
• Optionable: Optionable
• Beta: 1.16