Interparfums, Inc. (NASDAQ:IPAR) Given Consensus Rating of “Moderate Buy” by Brokerages

Interparfums, Inc. (NASDAQ:IPAR) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $105.20.

Several brokerages have recently issued reports on IPAR. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Zacks Research raised shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Finally, BWS Financial reissued a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research note on Wednesday, April 22nd.

Insider Activity

In other news, CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the completion of the sale, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. The trade was a 0.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 43.70% of the stock is owned by corporate insiders.

Institutional Trading of Interparfums

Several institutional investors have recently made changes to their positions in IPAR. Royal Bank of Canada grew its stake in shares of Interparfums by 8.7% during the 1st quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock valued at $6,368,000 after buying an additional 4,453 shares during the period. AQR Capital Management LLC boosted its position in Interparfums by 61.7% during the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock worth $333,000 after purchasing an additional 1,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Interparfums by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock worth $1,235,000 after purchasing an additional 476 shares during the period. Goldman Sachs Group Inc. boosted its position in Interparfums by 2.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after purchasing an additional 3,684 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in Interparfums by 24.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock worth $1,281,000 after purchasing an additional 1,893 shares during the period. 55.57% of the stock is owned by hedge funds and other institutional investors.

Interparfums Stock Down 1.8%

IPAR stock opened at $86.16 on Monday. The stock has a market capitalization of $2.76 billion, a P/E ratio of 16.35 and a beta of 1.16. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. Interparfums has a one year low of $77.21 and a one year high of $142.61. The company has a 50 day moving average price of $91.95 and a two-hundred day moving average price of $90.90.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, May 5th. The company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.14 by $0.21. The firm had revenue of $344.89 million during the quarter, compared to analysts’ expectations of $345.00 million. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. Interparfums’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, sell-side analysts expect that Interparfums will post 4.82 EPS for the current year.

Interparfums Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.20 annualized dividend and a dividend yield of 3.7%. Interparfums’s payout ratio is currently 60.72%.

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.