Interparfums (NASDAQ:IPAR) Announces Earnings Results

Interparfums (NASDAQ:IPAR) released its quarterly earnings results on Wednesday. The company reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.32, FiscalAI reports. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The business had revenue of $429.51 million during the quarter, compared to analysts’ expectations of $430.00 million. During the same quarter in the previous year, the company earned $2.05 EPS. The business’s quarterly revenue was down .1% compared to the same quarter last year.

Interparfums Stock Up 8.6%

NASDAQ:IPAR traded up $10.59 on Thursday, reaching $134.16. 572,469 shares of the stock traded hands, compared to its average volume of 258,475. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 25.65 and a beta of 1.08. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. The company’s fifty day simple moving average is $114.72 and its 200 day simple moving average is $104.97. Interparfums has a 12 month low of $77.21 and a 12 month high of $135.79.

Interparfums Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 15th. Interparfums’s dividend payout ratio is 61.19%.

Wall Street Analyst Weigh In

IPAR has been the topic of several recent research reports. TD Cowen lowered shares of Interparfums from a “buy” rating to a “hold” rating and increased their target price for the company from $110.00 to $120.00 in a report on Monday, August 10th. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th. The Goldman Sachs Group lowered Interparfums from a “buy” rating to a “neutral” rating and boosted their target price for the company from $110.00 to $129.00 in a research note on Monday, August 10th. BWS Financial cut Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 target price for the company. in a report on Monday, August 17th. Finally, Jefferies Financial Group raised their price target on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $123.29.

Insider Buying and Selling at Interparfums

In other news, Director Veronique Gabai-Pinsky sold 900 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the transaction, the director owned 900 shares in the company, valued at $105,174. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 43.60% of the stock is owned by corporate insiders.

Key Interparfums News

Here are the key news stories impacting Interparfums this week:

• Positive Sentiment: Q3 diluted EPS was $2.13, topping the estimate cited in the earnings report of $1.81 and rising from $2.05 a year earlier. Gross-margin expansion and tariff refunds helped lift profitability. Interparfums’ Q3 Earnings Beat Estimates on Margin Expansion
• Positive Sentiment: The company raised its full-year sales guidance while reaffirming its earnings outlook, signaling confidence in continued demand and earnings performance. Interparfums Q3 results and guidance
• Positive Sentiment: Interparfums declared a quarterly dividend of $0.80 per share, equivalent to $3.20 annually and a stated yield of 2.6%, adding an income-return component for shareholders.
• Neutral Sentiment: Quarterly sales were about $430 million, essentially in line with expectations, but were down 0.1% year over year. The modest sales decline tempers the strong earnings result.

About Interparfums

Interparfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.