Inter Parfums (NASDAQ:IPAR – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $5.35 for the period, compared to the consensus 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
IPAR has been the subject of a number of analyst reports. StockNews.com upgraded Inter Parfums from a “sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Piper Sandler reaffirmed an “overweight” rating and set a $151.00 price target (up from $150.00) on shares of Inter Parfums in a research report on Tuesday, July 23rd. DA Davidson reaffirmed a “buy” rating and set a $163.00 price target on shares of Inter Parfums in a research report on Tuesday. Finally, BWS Financial restated a “buy” rating and set a $172.00 target price on shares of Inter Parfums in a research report on Monday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Inter Parfums presently has an average rating of “Moderate Buy” and an average price target of $156.50.
View Our Latest Stock Analysis on Inter Parfums
Inter Parfums Price Performance
Inter Parfums (NASDAQ:IPAR – Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. The business had revenue of $425.00 million for the quarter, compared to the consensus estimate of $425.00 million. During the same quarter last year, the firm posted $1.66 EPS. The company’s revenue for the quarter was up 15.5% on a year-over-year basis. Equities analysts forecast that Inter Parfums will post 5.15 earnings per share for the current year.
Inter Parfums Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Monday, December 16th. Inter Parfums’s payout ratio is currently 64.38%.
Insiders Place Their Bets
In other news, Director Veronique Gabai-Pinsky sold 1,500 shares of Inter Parfums stock in a transaction on Monday, August 19th. The stock was sold at an average price of $125.96, for a total transaction of $188,940.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 43.90% of the stock is currently owned by company insiders.
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.
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