Inter Parfums (NASDAQ:IPAR) Issues Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Inter Parfums (NASDAQ:IPAR) posted its quarterly earnings results on Tuesday. The company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.05), Zacks reports. The company had revenue of $361.50 million during the quarter, compared to analysts’ expectations of $361.56 million. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. Inter Parfums updated its FY 2025 guidance to 5.350-5.350 EPS.

Inter Parfums Stock Performance

Shares of NASDAQ:IPAR traded up $1.42 during trading on Thursday, hitting $145.96. 51,027 shares of the stock traded hands, compared to its average volume of 124,123. 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 company has a market cap of $4.68 billion, a price-to-earnings ratio of 31.34 and a beta of 1.20. The company has a fifty day moving average price of $135.47 and a two-hundred day moving average price of $129.52. Inter Parfums has a 52-week low of $108.39 and a 52-week high of $152.33.

Inter Parfums Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 2.19%. This is a positive change from Inter Parfums’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Friday, March 14th. Inter Parfums’s payout ratio is 58.94%.

Analyst Upgrades and Downgrades

IPAR has been the topic of several recent analyst reports. BWS Financial reaffirmed a “buy” rating and issued a $172.00 price target on shares of Inter Parfums in a research note on Monday, January 27th. Piper Sandler increased their target price on shares of Inter Parfums from $155.00 to $164.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. DA Davidson reiterated a “buy” rating and set a $163.00 target price on shares of Inter Parfums in a report on Thursday, January 23rd. Finally, Canaccord Genuity Group began coverage on shares of Inter Parfums in a research report on Thursday, January 16th. They set a “buy” rating and a $158.00 price target for the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $159.40.

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.