FY2025 EPS Forecast for Inter Parfums Reduced by Analyst

Inter Parfums, Inc. (NASDAQ:IPAR) – Equities researchers at DA Davidson cut their FY2025 earnings per share estimates for shares of Inter Parfums in a report released on Wednesday, November 13th. DA Davidson analyst L. Weiser now forecasts that the company will earn $5.35 per share for the year, down from their prior estimate of $5.39. DA Davidson has a “Buy” rating and a $163.00 price objective on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share.

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

Several other research analysts also recently commented on IPAR. BWS Financial restated a “buy” rating and set a $172.00 price objective on shares of Inter Parfums in a report on Monday. StockNews.com upgraded shares of Inter Parfums from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. Finally, Piper Sandler lowered their price target on Inter Parfums from $158.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $157.50.

Inter Parfums Stock Performance

IPAR stock opened at $130.72 on Thursday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 28.05 and a beta of 1.16. Inter Parfums has a twelve month low of $108.39 and a twelve month high of $156.75. The business’s fifty day simple moving average is $122.42 and its two-hundred day simple moving average is $122.47. 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. Stockholders 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 dividend yield of 2.29%. The ex-dividend date is Monday, December 16th. Inter Parfums’s dividend payout ratio (DPR) is presently 64.38%.

Insider Buying and Selling at Inter Parfums

In related news, Director Veronique Gabai-Pinsky sold 1,500 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $125.96, for a total transaction of $188,940.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 43.90% of the stock is owned by corporate insiders.

Institutional Trading of Inter Parfums

A number of institutional investors have recently made changes to their positions in IPAR. Texas Permanent School Fund Corp raised its holdings in Inter Parfums by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 15,674 shares of the company’s stock valued at $2,202,000 after acquiring an additional 203 shares during the last quarter. Quantbot Technologies LP raised its position in Inter Parfums by 476.0% in the first quarter. Quantbot Technologies LP now owns 2,932 shares of the company’s stock valued at $412,000 after purchasing an additional 2,423 shares during the period. Empowered Funds LLC acquired a new position in shares of Inter Parfums in the 1st quarter valued at $1,018,000. ProShare Advisors LLC grew its holdings in shares of Inter Parfums by 7.4% during the 1st quarter. ProShare Advisors LLC now owns 3,692 shares of the company’s stock worth $519,000 after purchasing an additional 255 shares during the period. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Inter Parfums by 7.4% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 5,633 shares of the company’s stock worth $801,000 after purchasing an additional 390 shares during the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

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.