Q4 EPS Estimates for Inter Parfums Lowered by BWS Financial

Inter Parfums, Inc. (NASDAQ:IPAR) – Equities researchers at BWS Financial dropped their Q4 2024 EPS estimates for Inter Parfums in a note issued to investors on Monday, November 11th. BWS Financial analyst H. Khorsand now forecasts that the company will post earnings per share of $0.81 for the quarter, down from their previous estimate of $1.00. BWS Financial has a “Buy” rating and a $172.00 price target on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share. BWS Financial also issued estimates for Inter Parfums’ Q1 2025 earnings at $1.22 EPS, Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.66 EPS and Q4 2025 earnings at $1.03 EPS.

Inter Parfums (NASDAQ:IPAR) last released its quarterly earnings data 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 business had revenue of $425.00 million during the quarter, compared to analyst estimates of $425.00 million. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. Inter Parfums’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.66 EPS.

IPAR has been the topic of several other research reports. StockNews.com upgraded shares of Inter Parfums from a “sell” rating to a “hold” rating in a research note on Wednesday, August 7th. Piper Sandler restated an “overweight” rating and issued a $151.00 price target (up from $150.00) on shares of Inter Parfums in a research report on Tuesday, July 23rd. Finally, DA Davidson restated a “buy” rating and set a $163.00 price objective on shares of Inter Parfums in a report on Tuesday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Inter Parfums currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.50.

Inter Parfums Stock Performance

IPAR opened at $126.00 on Wednesday. The company has a quick ratio of 1.60, a current ratio of 2.82 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $122.33 and its two-hundred day moving average price is $122.43. The firm has a market capitalization of $4.04 billion, a P/E ratio of 27.04 and a beta of 1.16. Inter Parfums has a 12-month low of $108.39 and a 12-month high of $156.75.

Institutional Trading of Inter Parfums

Several hedge funds have recently modified their holdings of the company. CWM LLC boosted its holdings in shares of Inter Parfums by 44.4% in the 2nd quarter. CWM LLC now owns 286 shares of the company’s stock worth $33,000 after acquiring an additional 88 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Inter Parfums by 2.8% in the second quarter. Commonwealth Equity Services LLC now owns 3,363 shares of the company’s stock worth $390,000 after purchasing an additional 92 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Inter Parfums by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the company’s stock valued at $1,044,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System lifted its position in Inter Parfums by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 5,378 shares of the company’s stock worth $624,000 after buying an additional 105 shares in the last quarter. Finally, Inspire Investing LLC increased its position in Inter Parfums by 3.9% in the 3rd quarter. Inspire Investing LLC now owns 3,208 shares of the company’s stock valued at $415,000 after acquiring an additional 120 shares in the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Insider Buying and Selling

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $125.96, for a total value of $188,940.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 43.90% of the company’s stock.

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. The ex-dividend date is Monday, December 16th. This represents a $3.00 annualized dividend and a dividend yield of 2.38%. Inter Parfums’s dividend payout ratio (DPR) is currently 64.38%.

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.