Interparfums (NASDAQ:IPAR) Stock Rating Upgraded by Zacks Research

Interparfums (NASDAQ:IPAR) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday, Zacks reports.

Several other analysts have also recently issued reports on the stock. The Goldman Sachs Group cut shares of Interparfums from a “buy” rating to a “neutral” rating and upped their price target for the company from $110.00 to $129.00 in a report on Monday, August 10th. Berenberg Bank downgraded shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price objective on the stock. in a research note on Friday, August 14th. BWS Financial lowered shares of Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 price objective for the company. in a report on Monday, August 17th. Jefferies Financial Group boosted their target price on shares of Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Finally, TD Cowen lowered shares of Interparfums from a “buy” rating to a “hold” rating and upped their target price for the company from $110.00 to $120.00 in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $123.29.

Interparfums Trading Down 0.1%

Shares of IPAR stock opened at $115.19 on Monday. The company’s fifty day moving average price is $114.47 and its two-hundred day moving average price is $104.11. Interparfums has a 12 month low of $77.21 and a 12 month high of $129.29.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.95. The business had revenue of $341.04 million for the quarter, compared to analysts’ expectations of $341.00 million. During the same period in the previous year, the firm posted $0.99 earnings per share. 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. On average, analysts anticipate that Interparfums will post 4.85 EPS for the current year.

Insider Buying and Selling at Interparfums

In other Interparfums news, Director Veronique Gabai-Pinsky sold 900 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the transaction, the director directly owned 900 shares of the company’s stock, valued at $105,174. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 43.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Interparfums

Several large investors have recently made changes to their positions in IPAR. Root Financial Partners LLC acquired a new position in shares of Interparfums during the third quarter worth approximately $25,000. EverSource Wealth Advisors LLC increased its position in Interparfums by 34.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock valued at $44,000 after acquiring an additional 124 shares during the period. Versant Capital Management Inc raised its stake in Interparfums by 75.4% during the 2nd quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock valued at $48,000 after acquiring an additional 184 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Interparfums during the 2nd quarter valued at $48,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Interparfums during the 2nd quarter valued at $50,000. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Company Profile

Interparfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.