Interparfums, Inc. (NASDAQ:IPAR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Interparfums, Inc. (NASDAQ:IPAR) have been given an average rating of “Hold” by the nine ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $123.2857.

Several brokerages recently weighed in on IPAR. The Goldman Sachs Group downgraded shares of Interparfums from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $110.00 to $129.00 in a research report on Monday, August 10th. Weiss Ratings upgraded shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. BWS Financial restated a “sell” rating and issued a $85.00 price target on shares of Interparfums in a research note on Monday. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Finally, Canaccord Genuity Group lifted their price target on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a report on Thursday, July 30th.

Interparfums Stock Up 1.5%

Shares of Interparfums stock opened at $113.46 on Wednesday. The company has a quick ratio of 2.00, a current ratio of 3.31 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $115.14 and a 200 day moving average price of $101.55. Interparfums has a fifty-two week low of $77.21 and a fifty-two week high of $129.29. The firm has a market cap of $3.63 billion, a P/E ratio of 21.69 and a beta of 1.11.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The firm had revenue of $341.04 million during the quarter, compared to analyst estimates of $341.00 million. During the same quarter in the previous year, the firm earned $0.99 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts forecast that Interparfums will post 4.85 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Interparfums

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in Interparfums by 8.7% in the first quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock worth $6,368,000 after buying an additional 4,453 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Interparfums by 61.7% in the first quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock valued at $333,000 after buying an additional 1,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 valued at $1,235,000 after acquiring an additional 476 shares during the last quarter. Goldman Sachs Group Inc. lifted its position 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 valued at $15,825,000 after acquiring an additional 3,684 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted 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. 55.57% of the stock is owned by institutional investors.

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.