FY2025 EPS Estimates for Inter Parfums Cut by DA Davidson

Inter Parfums, Inc. (NASDAQ:IPAR) – DA Davidson reduced their FY2025 earnings per share (EPS) estimates for shares of Inter Parfums in a note issued to investors on Wednesday, November 13th. DA Davidson analyst L. Weiser now anticipates that the company will post earnings of $5.35 per share for the year, down from their previous forecast 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.

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

Inter Parfums Trading Up 1.7 %

Shares of NASDAQ IPAR opened at $128.20 on Thursday. Inter Parfums has a 1-year low of $108.39 and a 1-year high of $156.75. The company has a 50-day moving average of $122.42 and a two-hundred day moving average of $122.47. The company has a market cap of $4.11 billion, a PE ratio of 27.51 and a beta of 1.16. The company has a current ratio of 2.82, a quick ratio of 1.60 and a debt-to-equity ratio of 0.14.

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

Hedge Funds Weigh In On Inter Parfums

Hedge funds and other institutional investors have recently made changes to their positions in the company. Victory Capital Management Inc. increased its position in Inter Parfums by 5,393.6% during the third quarter. Victory Capital Management Inc. now owns 363,567 shares of the company’s stock worth $47,075,000 after buying an additional 356,949 shares during the last quarter. American Century Companies Inc. increased its position in Inter Parfums by 50.1% during the 2nd quarter. American Century Companies Inc. now owns 317,556 shares of the company’s stock worth $36,846,000 after buying an additional 106,044 shares during the period. F M Investments LLC bought a new stake in Inter Parfums in the 2nd quarter valued at about $9,328,000. Burney Co. acquired a new position in shares of Inter Parfums during the 1st quarter worth approximately $5,327,000. Finally, Vanguard Group Inc. increased its holdings in shares of Inter Parfums by 1.5% during the first quarter. Vanguard Group Inc. now owns 2,054,786 shares of the company’s stock worth $288,718,000 after purchasing an additional 30,316 shares during the period. 55.57% of the stock is owned by institutional investors.

Insider Buying and Selling at Inter Parfums

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the business’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 sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 43.90% of the company’s stock.

Inter Parfums Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Monday, December 16th. Inter Parfums’s payout ratio is 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.