Inter Parfums (NASDAQ:IPAR) Issues FY25 Earnings Guidance

Inter Parfums (NASDAQ:IPAR) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $5.35 for the period, compared to the consensus EPS estimate of $5.34. The company issued revenue guidance of $1.51 billion, compared to the consensus revenue estimate of $1.50 billion.

Wall Street Analyst Weigh In

A number of research analysts recently commented on IPAR shares. DA Davidson reissued a “buy” rating and issued a $163.00 price target on shares of Inter Parfums in a report on Tuesday. BWS Financial reissued a “buy” rating and issued a $172.00 target price on shares of Inter Parfums in a research report on Monday. StockNews.com raised Inter Parfums from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. Finally, Piper Sandler reissued an “overweight” rating and set a $151.00 price objective (up previously from $150.00) on shares of Inter Parfums in a report on Tuesday, July 23rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Inter Parfums has an average rating of “Moderate Buy” and an average price target of $156.50.

Inter Parfums Stock Down 2.2 %

Inter Parfums stock traded down $2.80 during mid-day trading on Tuesday, reaching $126.00. The company’s stock had a trading volume of 269,466 shares, compared to its average volume of 145,549. Inter Parfums has a 12 month low of $108.39 and a 12 month high of $156.75. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 27.33 and a beta of 1.16. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.27 and a current ratio of 2.82. The business’s 50 day simple moving average is $122.32 and its 200 day simple moving average is $122.38.

Inter Parfums (NASDAQ:IPAR) last announced its earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. The company had revenue of $425.00 million for the quarter, compared to analyst estimates of $425.00 million. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. The firm’s quarterly revenue was up 15.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.66 earnings per share. As a group, research analysts anticipate that Inter Parfums will post 5.15 earnings per share for the current year.

Inter Parfums Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued 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 yield of 2.38%. Inter Parfums’s payout ratio is 64.38%.

Insider Buying and Selling at Inter Parfums

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of Inter Parfums stock in a transaction on Monday, August 19th. The shares were sold at an average price of $125.96, for a total value of $188,940.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 43.90% of the company’s stock.

About Inter Parfums

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.