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

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

Inter Parfums Stock Up 0.9 %

Shares of NASDAQ:IPAR opened at $139.06 on Wednesday. Inter Parfums has a 52-week low of $108.39 and a 52-week high of $154.39. The stock’s fifty day simple moving average is $135.15 and its 200-day simple moving average is $129.41. 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 capitalization of $4.45 billion, a P/E ratio of 29.84 and a beta of 1.20.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on IPAR shares. Canaccord Genuity Group initiated coverage on shares of Inter Parfums in a report on Thursday, January 16th. They issued a “buy” rating and a $158.00 price objective on the stock. DA Davidson reaffirmed a “buy” rating and set a $163.00 price objective on shares of Inter Parfums in a research report on Thursday, January 23rd. BWS Financial reiterated a “buy” rating and issued a $172.00 price objective on shares of Inter Parfums in a research note on Monday, January 27th. Finally, 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. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $159.40.

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.