Q4 EPS Estimates for Inter Parfums Lowered by BWS Financial

Inter Parfums, Inc. (NASDAQ:IPAR) – Analysts at BWS Financial lowered their Q4 2024 earnings per share (EPS) estimates for Inter Parfums in a note issued to investors on Monday, November 11th. BWS Financial analyst H. Khorsand now expects that the company will earn $0.81 per share for the quarter, down from their previous estimate of $1.00. BWS Financial currently has a “Buy” rating and a $172.00 target price on the stock. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share. BWS Financial also issued estimates for Inter Parfums’ Q1 2025 earnings at $1.22 EPS, Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.66 EPS and Q4 2025 earnings at $1.03 EPS.

Inter Parfums (NASDAQ:IPAR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share 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 firm had revenue of $425.00 million during the quarter, compared to the consensus estimate of $425.00 million. During the same period in the prior year, the firm earned $1.66 EPS. The business’s revenue was up 15.5% on a year-over-year basis.

A number of other brokerages also recently commented on IPAR. StockNews.com upgraded Inter Parfums from a “sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Piper Sandler reduced their target price on Inter Parfums from $158.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, DA Davidson reiterated a “buy” rating and set a $163.00 price target on shares of Inter Parfums in a research note on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $157.50.

Inter Parfums Stock Up 1.7 %

IPAR stock opened at $128.20 on Wednesday. Inter Parfums has a twelve month low of $108.39 and a twelve month high of $156.75. 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 $4.11 billion, a PE ratio of 27.51 and a beta of 1.16. The business’s 50-day simple moving average is $122.42 and its 200 day simple moving average is $122.47.

Inter Parfums Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $3.00 annualized dividend and a dividend yield of 2.34%. Inter Parfums’s dividend payout ratio (DPR) is presently 64.38%.

Insider Activity at Inter Parfums

In other Inter Parfums news, Director Veronique Gabai-Pinsky sold 1,500 shares of the 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 Securities & Exchange Commission, which is available through this link. 43.90% of the stock is owned by insiders.

Institutional Trading of Inter Parfums

Several large investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in shares of Inter Parfums by 5,393.6% in the third quarter. Victory Capital Management Inc. now owns 363,567 shares of the company’s stock valued at $47,075,000 after acquiring an additional 356,949 shares during the last quarter. American Century Companies Inc. raised its position in Inter Parfums by 50.1% in the 2nd quarter. American Century Companies Inc. now owns 317,556 shares of the company’s stock valued at $36,846,000 after purchasing an additional 106,044 shares during the last quarter. F M Investments LLC acquired a new position in Inter Parfums in the second quarter worth $9,328,000. Burney Co. acquired a new position in Inter Parfums in the first quarter worth $5,327,000. Finally, Vanguard Group Inc. grew its holdings in shares of Inter Parfums by 1.5% during the first quarter. Vanguard Group Inc. now owns 2,054,786 shares of the company’s stock worth $288,718,000 after purchasing an additional 30,316 shares during the last quarter. 55.57% of the stock is owned by institutional investors.

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.