Q4 EPS Estimates for Inter Parfums Reduced by Zacks Research

Inter Parfums, Inc. (NASDAQ:IPAR) – Investment analysts at Zacks Research dropped their Q4 2024 earnings estimates for shares of Inter Parfums in a report released on Wednesday, November 20th. Zacks Research analyst V. Bagree now anticipates that the company will earn $0.81 per share for the quarter, down from their prior forecast of $0.90. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Inter Parfums’ Q1 2025 earnings at $1.36 EPS, Q2 2025 earnings at $1.24 EPS, Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $5.35 EPS, Q2 2026 earnings at $1.30 EPS and FY2026 earnings at $5.84 EPS.

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

Other analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of Inter Parfums from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. Piper Sandler cut their target price 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, November 13th. DA Davidson reissued a “buy” rating and issued a $163.00 price target on shares of Inter Parfums in a research note on Tuesday, November 12th. Finally, BWS Financial restated a “buy” rating and issued a $172.00 price objective on shares of Inter Parfums in a report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $157.50.

Inter Parfums Price Performance

Shares of IPAR stock opened at $134.07 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.60 and a current ratio of 2.82. The firm has a market cap of $4.29 billion, a P/E ratio of 28.77 and a beta of 1.16. The business’s 50 day moving average price is $123.92 and its 200-day moving average price is $122.97. Inter Parfums has a fifty-two week low of $108.39 and a fifty-two week high of $156.75.

Institutional Investors Weigh In On Inter Parfums

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Inter Parfums by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 2,054,786 shares of the company’s stock worth $288,718,000 after purchasing an additional 30,316 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Inter Parfums by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 735,841 shares of the company’s stock worth $85,384,000 after acquiring an additional 4,862 shares in the last quarter. State Street Corp grew its stake in shares of Inter Parfums by 0.3% in the third quarter. State Street Corp now owns 676,253 shares of the company’s stock worth $87,561,000 after acquiring an additional 2,255 shares during the last quarter. Royce & Associates LP increased its holdings in shares of Inter Parfums by 0.7% during the third quarter. Royce & Associates LP now owns 595,175 shares of the company’s stock valued at $77,063,000 after acquiring an additional 4,345 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Inter Parfums by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 436,137 shares of the company’s stock worth $56,481,000 after purchasing an additional 5,056 shares in the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

About Inter Parfums

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.