FY2025 EPS Estimates for Inter Parfums Lowered by Analyst

Inter Parfums, Inc. (NASDAQ:IPAR) – Stock analysts at DA Davidson cut their FY2025 EPS estimates for shares of Inter Parfums in a research note issued to investors on Wednesday, November 13th. DA Davidson analyst L. Weiser now anticipates that the company will earn $5.35 per share for the year, down from their prior estimate of $5.39. 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.

Inter Parfums (NASDAQ:IPAR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 16.34% and a net margin of 10.60%. The business’s revenue was up 15.5% compared to the same quarter last year. During the same period last year, the business posted $1.66 EPS.

IPAR has been the subject of several other research reports. Piper Sandler lowered their price objective on shares of Inter Parfums from $158.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday. StockNews.com raised shares of Inter Parfums from a “sell” rating to a “hold” rating in a research note on Wednesday, August 7th. Finally, BWS Financial reissued a “buy” rating and set a $172.00 price objective on shares of Inter Parfums in a research report on Monday, November 11th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $157.50.

Inter Parfums Trading Down 4.6 %

Shares of IPAR stock opened at $124.65 on Thursday. Inter Parfums has a fifty-two week low of $108.39 and a fifty-two week high of $156.75. 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 stock has a 50 day simple moving average of $122.71 and a two-hundred day simple moving average of $122.57. The company has a market cap of $3.99 billion, a P/E ratio of 26.75 and a beta of 1.16.

Inter Parfums Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Monday, December 16th. Inter Parfums’s dividend payout ratio (DPR) is 64.38%.

Insider Activity

In other news, Director Veronique Gabai-Pinsky sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $125.96, for a total value of $188,940.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 43.90% of the company’s stock.

Institutional Investors Weigh In On Inter Parfums

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. UniSuper Management Pty Ltd purchased a new stake in shares of Inter Parfums in the first quarter valued at about $638,000. Bessemer Group Inc. boosted its stake in shares of Inter Parfums by 6.0% in the 1st quarter. Bessemer Group Inc. now owns 85,990 shares of the company’s stock worth $12,082,000 after buying an additional 4,880 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Inter Parfums in the first quarter valued at approximately $1,018,000. Harbor Capital Advisors Inc. increased its position in shares of Inter Parfums by 306.7% during the second quarter. Harbor Capital Advisors Inc. now owns 5,478 shares of the company’s stock valued at $636,000 after acquiring an additional 4,131 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new stake in Inter Parfums during the first quarter worth $601,000. 55.57% of the stock is owned by hedge funds and other institutional investors.

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.