Q4 EPS Estimates for Inter Parfums Reduced by Zacks Research

Inter Parfums, Inc. (NASDAQ:IPAR) – Analysts at Zacks Research cut their Q4 2024 EPS estimates for Inter Parfums in a 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 prior estimate 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 released its quarterly earnings results on Wednesday, November 6th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. Inter Parfums had a return on equity of 16.34% and a net margin of 10.60%. The business had revenue of $425.00 million during the quarter, compared to analyst estimates of $425.00 million. During the same quarter in the prior year, the company posted $1.66 EPS. Inter Parfums’s quarterly revenue was up 15.5% compared to the same quarter last year.

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

Inter Parfums Price Performance

Shares of IPAR stock opened at $138.39 on Monday. 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 stock has a market cap of $4.43 billion, a price-to-earnings ratio of 29.73 and a beta of 1.16. The business’s fifty day moving average is $123.92 and its 200 day moving average is $122.97. Inter Parfums has a twelve month low of $108.39 and a twelve month high of $156.75.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Inter Parfums by 1.5% during the first quarter. Vanguard Group Inc. now owns 2,054,786 shares of the company’s stock valued at $288,718,000 after purchasing an additional 30,316 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in Inter Parfums by 43.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,883 shares of the company’s stock worth $405,000 after buying an additional 878 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in Inter Parfums by 6.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 18,460 shares of the company’s stock valued at $2,591,000 after acquiring an additional 1,091 shares during the period. Janus Henderson Group PLC lifted its position in shares of Inter Parfums by 119.7% in the first quarter. Janus Henderson Group PLC now owns 19,953 shares of the company’s stock valued at $2,804,000 after acquiring an additional 10,870 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of Inter Parfums in the first quarter worth about $601,000. 55.57% of the stock is owned by hedge funds and other institutional investors.

Inter Parfums Company Profile

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.