BWS Financial Decreases Earnings Estimates for Inter Parfums

Inter Parfums, Inc. (NASDAQ:IPAR) – BWS Financial lowered their FY2025 EPS estimates for Inter Parfums in a research report issued on Monday, November 11th. BWS Financial analyst H. Khorsand now anticipates that the company will earn $5.03 per share for the year, down from their previous forecast of $5.54. BWS Financial currently has a “Buy” rating and a $172.00 target price on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share.

IPAR has been the topic of a number of other reports. Piper Sandler lowered their price target on Inter Parfums from $158.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday. StockNews.com raised shares of Inter Parfums from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. Finally, DA Davidson restated a “buy” rating and set a $163.00 price target on shares of Inter Parfums in a research report on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $157.50.

Inter Parfums Price Performance

Shares of NASDAQ IPAR opened at $128.20 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.60 and a current ratio of 2.82. The firm has a market cap of $4.11 billion, a PE ratio of 27.51 and a beta of 1.16. Inter Parfums has a one year low of $108.39 and a one year high of $156.75. The firm has a fifty day moving average of $122.42 and a 200 day moving average of $122.47.

Inter Parfums (NASDAQ:IPAR) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. The business had revenue of $425.00 million during 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 quarterly revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the company posted $1.66 earnings per share.

Inter Parfums Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.34%. Inter Parfums’s payout ratio is presently 64.38%.

Insider Activity

In related news, Director Veronique Gabai-Pinsky sold 1,500 shares of the company’s stock in a transaction that occurred on 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 filing with the SEC, which can be accessed through this hyperlink. Insiders own 43.90% of the company’s stock.

Hedge Funds Weigh In On Inter Parfums

Several institutional investors have recently modified their holdings of IPAR. UniSuper Management Pty Ltd acquired a new position in Inter Parfums during the 1st quarter worth $638,000. Bessemer Group Inc. increased its stake in shares of Inter Parfums by 6.0% during the first quarter. Bessemer Group Inc. now owns 85,990 shares of the company’s stock worth $12,082,000 after buying an additional 4,880 shares during the period. Empowered Funds LLC acquired a new stake in Inter Parfums in the first quarter valued at approximately $1,018,000. Harbor Capital Advisors Inc. lifted its stake in Inter Parfums by 306.7% in the second quarter. Harbor Capital Advisors Inc. now owns 5,478 shares of the company’s stock worth $636,000 after acquiring an additional 4,131 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in shares of Inter Parfums in the 1st quarter valued at approximately $601,000. Institutional investors and hedge funds own 55.57% of the company’s stock.

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.