Inter Parfums Q4 EPS Estimate Decreased by Zacks Research

Inter Parfums, Inc. (NASDAQ:IPAR) – Analysts at Zacks Research decreased their Q4 2024 EPS estimates for Inter Parfums in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst V. Bagree now anticipates that the company will earn $0.81 per share for the quarter, down from their previous forecast of $0.90. The consensus estimate for Inter Parfums’ current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Inter Parfums’ Q1 2025 earnings at $1.36 EPS, Q2 2025 earnings at $1.24 EPS, Q4 2025 earnings at $0.84 EPS, FY2025 earnings at $5.35 EPS, Q2 2026 earnings at $1.30 EPS and FY2026 earnings at $5.84 EPS.

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

Other equities analysts have also issued reports about the company. DA Davidson reissued a “buy” rating and set a $163.00 price target on shares of Inter Parfums in a research report on Tuesday, November 12th. StockNews.com raised shares of Inter Parfums from a “sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Piper Sandler lowered their price target on shares of Inter Parfums from $158.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Finally, BWS Financial reiterated a “buy” rating and issued a $172.00 price objective on shares of Inter Parfums in a report on Monday, November 11th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Inter Parfums has an average rating of “Moderate Buy” and a consensus target price of $157.50.

Inter Parfums Price Performance

Shares of NASDAQ IPAR opened at $137.48 on Monday. 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 company has a market capitalization of $4.40 billion, a price-to-earnings ratio of 29.38 and a beta of 1.16. The business has a 50-day moving average of $124.31 and a 200-day moving average of $123.09.

Insider Activity

In other news, COO Pelayo Frederic Garcia sold 4,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $133.04, for a total value of $532,160.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 43.90% of the company’s stock.

Hedge Funds Weigh In On Inter Parfums

A number of hedge funds have recently bought and sold shares of IPAR. Vanguard Group Inc. boosted its holdings in Inter Parfums by 1.5% in 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 period. Dimensional Fund Advisors LP lifted its position in shares of Inter Parfums by 0.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 735,841 shares of the company’s stock worth $85,384,000 after buying an additional 4,862 shares during the last quarter. State Street Corp boosted its holdings in shares of Inter Parfums by 0.3% in the 3rd quarter. State Street Corp now owns 676,253 shares of the company’s stock valued at $87,561,000 after buying an additional 2,255 shares during the period. Royce & Associates LP grew its position in shares of Inter Parfums by 0.7% during the 3rd quarter. Royce & Associates LP now owns 595,175 shares of the company’s stock valued at $77,063,000 after buying an additional 4,345 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Inter Parfums by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 436,137 shares of the company’s stock valued at $56,481,000 after buying an additional 5,056 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

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.