Interparfums (NASDAQ:IPAR) Receives Neutral Rating from BWS Financial

Interparfums (NASDAQ:IPAR)‘s stock had its “neutral” rating reiterated by equities research analysts at BWS Financial in a note issued to investors on Wednesday,Benzinga reports. They currently have a $85.00 target price on the stock. BWS Financial’s price target suggests a potential downside of 7.57% from the stock’s current price.

Other analysts have also issued reports about the stock. Zacks Research raised shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Wall Street Zen raised shares of Interparfums from a “hold” rating to a “buy” rating in a research report on Saturday. Jefferies Financial Group began coverage on shares of Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target for the company. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Interparfums has a consensus rating of “Moderate Buy” and an average price target of $110.67.

Interparfums Stock Down 3.4%

Shares of IPAR stock traded down $3.24 during mid-day trading on Wednesday, hitting $91.96. 238,658 shares of the stock traded hands, compared to its average volume of 258,061. The stock has a market cap of $2.95 billion, a P/E ratio of 17.55 and a beta of 1.25. The stock’s fifty day moving average is $95.05 and its two-hundred day moving average is $91.39. Interparfums has a 52-week low of $77.21 and a 52-week high of $142.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97.

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

Insider Activity at Interparfums

In related news, CEO Jean Madar sold 20,000 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total value of $1,820,400.00. Following the completion of the transaction, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. This trade represents a 0.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 43.70% of the stock is owned by insiders.

Institutional Trading of Interparfums

Several institutional investors and hedge funds have recently bought and sold shares of the business. Oregon Public Employees Retirement Fund increased its stake in shares of Interparfums by 2.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock worth $357,000 after acquiring an additional 100 shares during the period. Osaic Holdings Inc. grew its position in Interparfums by 1.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock worth $865,000 after purchasing an additional 106 shares during the period. ProShare Advisors LLC raised its stake in shares of Interparfums by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock valued at $302,000 after buying an additional 107 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Interparfums by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock valued at $224,000 after buying an additional 110 shares during the last quarter. Finally, State of Wyoming lifted its holdings in shares of Interparfums by 23.0% in the 4th quarter. State of Wyoming now owns 600 shares of the company’s stock valued at $51,000 after buying an additional 112 shares during the period. 55.57% of the stock is currently owned by institutional investors and hedge funds.

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.