Interparfums (NASDAQ:IPAR) Shares Gap Down – What’s Next?

Interparfums, Inc. (NASDAQ:IPAR)’s share price gapped down prior to trading on Monday . The stock had previously closed at $122.97, but opened at $117.98. Interparfums shares last traded at $116.7310, with a volume of 45,283 shares.

Wall Street Analyst Weigh In

IPAR has been the topic of several research reports. TD Cowen lowered shares of Interparfums from a “buy” rating to a “hold” rating and upped their price objective for the company from $110.00 to $120.00 in a research note on Monday. Jefferies Financial Group upped their price target on shares of Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. The Goldman Sachs Group lowered Interparfums from a “buy” rating to a “neutral” rating and upped their target price for the stock from $110.00 to $129.00 in a research report on Monday. Finally, Canaccord Genuity Group lifted their price target on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Interparfums has a consensus rating of “Moderate Buy” and a consensus target price of $119.43.

Interparfums Stock Down 4.4%

The company has a market cap of $3.77 billion, a price-to-earnings ratio of 22.45 and a beta of 1.11. The business has a 50-day simple moving average of $111.72 and a two-hundred day simple moving average of $100.55. The company has a quick ratio of 2.00, a current ratio of 3.31 and a debt-to-equity ratio of 0.09.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.95. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.The business had revenue of $341.04 million for the quarter, compared to the consensus estimate of $341.00 million. During the same period last year, the business earned $0.99 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts forecast that Interparfums, Inc. will post 4.85 earnings per share for the current fiscal year.

Institutional Trading of Interparfums

Several large investors have recently modified their holdings of the company. Hantz Financial Services Inc. lifted its position in Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Interparfums in the third quarter worth about $40,000. Global Retirement Partners LLC lifted its position in shares of Interparfums by 39.0% during the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after purchasing an additional 135 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Interparfums by 34.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock valued at $44,000 after purchasing an additional 124 shares during the period. Finally, Larson Financial Group LLC acquired a new stake in Interparfums in the 4th quarter valued at approximately $46,000. 55.57% of the stock is owned by institutional investors.

About Interparfums

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.