Brokerages Set Interparfums, Inc. (NASDAQ:IPAR) Price Target at $106.00

Interparfums, Inc. (NASDAQ:IPAR) has received a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $106.00.

Several equities research analysts have recently commented on the stock. Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. BWS Financial restated a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a report on Wednesday, April 22nd. TD Cowen assumed coverage on shares of Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price target for the company. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th.

Interparfums Trading Up 1.8%

NASDAQ:IPAR opened at $100.15 on Friday. Interparfums has a one year low of $77.21 and a one year high of $142.61. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. The firm has a market cap of $3.21 billion, a P/E ratio of 19.00 and a beta of 1.16. The firm has a 50-day simple moving average of $92.36 and a 200-day simple moving average of $91.55.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.14 by $0.21. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The business had revenue of $344.89 million during the quarter, compared to analyst estimates of $345.00 million. During the same quarter in the previous year, the business posted $1.32 EPS. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities analysts anticipate that Interparfums will post 4.82 EPS for the current fiscal year.

Insider Activity at Interparfums

In related news, CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction that occurred on 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. The trade was a 0.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 43.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of IPAR. Royal Bank of Canada raised its stake in shares of Interparfums by 8.7% during the 1st quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock worth $6,368,000 after acquiring an additional 4,453 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Interparfums by 61.7% during the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock worth $333,000 after acquiring an additional 1,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Interparfums by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock worth $1,235,000 after acquiring an additional 476 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Interparfums by 2.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after acquiring an additional 3,684 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Interparfums by 24.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock worth $1,281,000 after acquiring an additional 1,893 shares in the last quarter. Institutional investors own 55.57% of the company’s stock.

About Interparfums

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.