Wall Street Zen Downgrades Interparfums (NASDAQ:IPAR) to Hold

Interparfums (NASDAQ:IPAR) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Several other equities analysts have also weighed in on IPAR. Jefferies Financial Group started coverage on shares of Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. BWS Financial reissued a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research report on Thursday, January 29th. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Interparfums currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.67.

Interparfums Stock Performance

Shares of NASDAQ IPAR opened at $90.53 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97. Interparfums has a one year low of $77.21 and a one year high of $142.61. The business’s 50-day moving average price is $96.47 and its two-hundred day moving average price is $92.38. The company has a market capitalization of $2.90 billion, a P/E ratio of 17.28 and a beta of 1.21.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.10. The company had revenue of $386.18 million during the quarter, compared to the consensus estimate of $366.76 million. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Analysts anticipate that Interparfums will post 5.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Interparfums

Institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in Interparfums by 27.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock worth $11,277,000 after acquiring an additional 24,673 shares during the period. Public Sector Pension Investment Board boosted its holdings in Interparfums by 16.4% during the third quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company’s stock valued at $7,026,000 after acquiring an additional 10,080 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Interparfums by 2.2% in the second quarter. Charles Schwab Investment Management Inc. now owns 714,891 shares of the company’s stock valued at $93,872,000 after purchasing an additional 15,453 shares during the last quarter. Carolina Wealth Advisors LLC grew its position in shares of Interparfums by 7,956.7% in the third quarter. Carolina Wealth Advisors LLC now owns 46,326 shares of the company’s stock valued at $4,558,000 after purchasing an additional 45,751 shares during the last quarter. Finally, Summit Creek Advisors LLC increased its stake in shares of Interparfums by 84.6% in the third quarter. Summit Creek Advisors LLC now owns 98,413 shares of the company’s stock worth $9,682,000 after purchasing an additional 45,096 shares during the period. Institutional investors own 55.57% of the company’s stock.

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.