Analysts Issue Forecasts for Inter Parfums Q4 Earnings

Inter Parfums, Inc. (NASDAQ:IPAR) – Analysts at DA Davidson issued their Q4 2024 EPS estimates for shares of Inter Parfums in a research report issued on Tuesday, November 12th. DA Davidson analyst L. Weiser expects that the company will post earnings of $0.81 per share for the quarter. DA Davidson currently has a “Buy” rating and a $163.00 target price on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share. DA Davidson also issued estimates for Inter Parfums’ FY2025 earnings at $5.39 EPS.

Inter Parfums (NASDAQ:IPAR) last announced its earnings results on Wednesday, November 6th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. The business had revenue of $425.00 million during the quarter, compared to analysts’ expectations of $425.00 million. During the same period in the prior year, the company earned $1.66 earnings per share. The business’s revenue was up 15.5% compared to the same quarter last year.

Several other research analysts have also recently issued reports on the stock. StockNews.com raised shares of Inter Parfums from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. BWS Financial reissued a “buy” rating and issued a $172.00 target price on shares of Inter Parfums in a report on Monday. Finally, Piper Sandler lowered their price target on shares of Inter Parfums from $158.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Inter Parfums presently has an average rating of “Moderate Buy” and an average target price of $157.50.

Inter Parfums Stock Up 1.7 %

IPAR opened at $128.20 on Wednesday. The business has a 50 day moving average price of $122.42 and a two-hundred day moving average price of $122.47. Inter Parfums has a 52 week low of $108.39 and a 52 week high of $156.75. The company has a market cap of $4.11 billion, a PE ratio of 27.51 and a beta of 1.16. The company has a quick ratio of 1.60, a current ratio of 2.82 and a debt-to-equity ratio of 0.14.

Inter Parfums Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Monday, December 16th. Inter Parfums’s payout ratio is currently 64.38%.

Insider Buying and Selling at Inter Parfums

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $125.96, for a total transaction of $188,940.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 43.90% of the company’s stock.

Institutional Trading of Inter Parfums

Hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC lifted its holdings in shares of Inter Parfums by 44.4% during the 2nd quarter. CWM LLC now owns 286 shares of the company’s stock worth $33,000 after acquiring an additional 88 shares during the period. Blue Trust Inc. raised its stake in Inter Parfums by 83.4% during the third quarter. Blue Trust Inc. now owns 651 shares of the company’s stock worth $84,000 after purchasing an additional 296 shares during the period. Mendota Financial Group LLC acquired a new position in shares of Inter Parfums in the 2nd quarter valued at $89,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Inter Parfums during the 3rd quarter valued at $209,000. Finally, Choreo LLC acquired a new stake in shares of Inter Parfums during the 2nd quarter worth $213,000. 55.57% of the stock is owned by hedge funds and other institutional investors.

Inter Parfums Company Profile

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.