Inter Parfums (NASDAQ:IPAR – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.350-5.350 for the period, compared to the consensus estimate of 5.310. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.
Analysts Set New Price Targets
IPAR has been the subject of several research analyst reports. Piper Sandler boosted their target price on Inter Parfums from $155.00 to $164.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. DA Davidson raised their target price on shares of Inter Parfums from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday. Canaccord Genuity Group upped their price target on shares of Inter Parfums from $158.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday. Finally, BWS Financial reissued a “buy” rating and set a $172.00 price objective on shares of Inter Parfums in a report on Monday, January 27th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.80.
Check Out Our Latest Report on Inter Parfums
Inter Parfums Trading Down 2.9 %
Inter Parfums (NASDAQ:IPAR – Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.05). The company had revenue of $361.50 million during the quarter, compared to analyst estimates of $361.56 million. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. As a group, analysts predict that Inter Parfums will post 5.14 earnings per share for the current fiscal year.
Inter Parfums Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.80 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Inter Parfums’s previous quarterly dividend of $0.75. This represents a $3.20 annualized dividend and a yield of 2.28%. Inter Parfums’s dividend payout ratio is presently 58.94%.
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.
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