Inter Parfums, Inc. (NASDAQ:IPAR – Free Report) – DA Davidson decreased their FY2025 EPS estimates for shares of Inter Parfums in a research note issued to investors on Wednesday, November 13th. DA Davidson analyst L. Weiser now expects that the company will post earnings per share of $5.35 for the year, down from their previous estimate of $5.39. DA Davidson currently has a “Buy” rating and a $163.00 price target on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share.
Inter Parfums (NASDAQ:IPAR – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.10. The business had revenue of $425.00 million during the quarter, compared to the consensus estimate of $425.00 million. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. Inter Parfums’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.66 EPS.
Read Our Latest Analysis on Inter Parfums
Inter Parfums Stock Up 1.7 %
Shares of NASDAQ IPAR opened at $128.20 on Thursday. The company has a 50 day simple moving average of $122.42 and a 200 day simple moving average of $122.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.82 and a quick ratio of 1.60. Inter Parfums has a 1 year low of $108.39 and a 1 year high of $156.75. The firm has a market cap of $4.11 billion, a PE ratio of 27.51 and a beta of 1.16.
Institutional Investors Weigh In On Inter Parfums
A number of large investors have recently bought and sold shares of the stock. CWM LLC boosted its position in shares of Inter Parfums by 44.4% during the 2nd quarter. CWM LLC now owns 286 shares of the company’s stock worth $33,000 after purchasing an additional 88 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Inter Parfums by 2.8% in the second quarter. Commonwealth Equity Services LLC now owns 3,363 shares of the company’s stock worth $390,000 after acquiring an additional 92 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in Inter Parfums by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the company’s stock valued at $1,044,000 after acquiring an additional 100 shares during the period. Arizona State Retirement System increased its holdings in shares of Inter Parfums by 2.0% during the second quarter. Arizona State Retirement System now owns 5,378 shares of the company’s stock valued at $624,000 after acquiring an additional 105 shares in the last quarter. Finally, Inspire Investing LLC raised its position in shares of Inter Parfums by 3.9% during the third quarter. Inspire Investing LLC now owns 3,208 shares of the company’s stock worth $415,000 after purchasing an additional 120 shares during the period. 55.57% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Inter Parfums
In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of Inter Parfums stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 43.90% of the stock is owned by corporate insiders.
Inter Parfums Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Monday, December 16th. Inter Parfums’s dividend payout ratio is 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.
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