Inter Parfums FY2025 EPS Forecast Lowered by BWS Financial

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

Inter Parfums (NASDAQ:IPAR) last posted its earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. The firm 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 revenue for the quarter was up 15.5% compared to the same quarter last year. During the same period last year, the firm posted $1.66 earnings per share.

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

Inter Parfums Trading Down 4.6 %

IPAR opened at $124.65 on Thursday. The firm has a market cap of $3.99 billion, a P/E ratio of 26.75 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. The stock has a 50-day moving average of $122.71 and a 200 day moving average of $122.57. Inter Parfums has a 12 month low of $108.39 and a 12 month high of $156.75.

Institutional Trading of Inter Parfums

Institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC grew its holdings in Inter Parfums by 293.0% during the 3rd quarter. Barclays PLC now owns 34,689 shares of the company’s stock worth $4,492,000 after acquiring an additional 25,862 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Inter Parfums by 6.7% in the 3rd quarter. MML Investors Services LLC now owns 9,383 shares of the company’s stock worth $1,215,000 after purchasing an additional 590 shares during the period. Orion Portfolio Solutions LLC bought a new position in shares of Inter Parfums during the third quarter valued at approximately $233,000. Wellington Management Group LLP increased its holdings in Inter Parfums by 44.2% during the third quarter. Wellington Management Group LLP now owns 323,863 shares of the company’s stock valued at $41,934,000 after buying an additional 99,316 shares during the period. Finally, State Street Corp raised its stake in Inter Parfums by 0.3% in the third quarter. State Street Corp now owns 676,253 shares of the company’s stock worth $87,561,000 after buying an additional 2,255 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors.

Insider Transactions at Inter Parfums

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 Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 43.90% of the company’s stock.

Inter Parfums Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders 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 yield of 2.41%. Inter Parfums’s dividend payout ratio 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.