Brokerages Set Interparfums, Inc. (NASDAQ:IPAR) Target Price at $110.67

Shares of Interparfums, Inc. (NASDAQ:IPAR) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $110.6667.

A number of research analysts have commented on the stock. BWS Financial restated a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research note on Wednesday. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Jefferies Financial Group assumed coverage on shares of Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Interparfums from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th.

Interparfums Stock Down 3.4%

NASDAQ IPAR opened at $91.96 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.97 and a current ratio of 2.99. The firm has a 50-day simple moving average of $94.87 and a 200 day simple moving average of $91.40. Interparfums has a twelve month low of $77.21 and a twelve month high of $142.61. The stock has a market cap of $2.95 billion, a PE ratio of 17.55 and a beta of 1.25.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The business had revenue of $386.18 million during the quarter, compared to analysts’ expectations of $366.76 million. During the same quarter last year, the company earned $0.82 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, research analysts forecast that Interparfums will post 4.85 EPS for the current year.

Interparfums Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a dividend of $0.80 per share. The ex-dividend date was Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.5%. Interparfums’s dividend payout ratio (DPR) is currently 61.07%.

Insider Buying and Selling

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the completion of the transaction, the chief executive officer owned 7,066,341 shares in the company, valued at $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 43.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IPAR. Hantz Financial Services Inc. increased its holdings in shares of Interparfums by 172.2% during the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Interparfums during the third quarter worth approximately $34,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Interparfums during the third quarter worth approximately $35,000. Advisory Services Network LLC acquired a new stake in shares of Interparfums during the third quarter worth approximately $40,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Interparfums by 39.0% during the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after buying an additional 135 shares in the last quarter. Institutional investors own 55.57% of the company’s stock.

Interparfums Company Profile

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.