Zacks Research Forecasts Weaker Earnings for Inter Parfums

Inter Parfums, Inc. (NASDAQ:IPAR) – Stock analysts at Zacks Research decreased their Q4 2024 EPS estimates for shares of Inter Parfums in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst V. Bagree now expects that the company will post earnings per share of $0.81 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.

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

Inter Parfums Stock Performance

NASDAQ:IPAR opened at $138.39 on Monday. The stock has a market cap of $4.43 billion, a P/E ratio of 29.73 and a beta of 1.16. 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 business’s 50-day moving average price is $123.92 and its two-hundred day moving average price is $122.97. Inter Parfums has a twelve month low of $108.39 and a twelve month high of $156.75.

Inter Parfums (NASDAQ:IPAR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.93 earnings per share (EPS) for the quarter, topping 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 company had revenue of $425.00 million for the quarter, compared to the consensus estimate of $425.00 million. During the same quarter last year, the business posted $1.66 earnings per share. The firm’s revenue was up 15.5% compared to the same quarter last year.

Institutional Investors Weigh In On Inter Parfums

A number of hedge funds have recently made changes to their positions in the business. CWM LLC raised its position in Inter Parfums by 44.4% in the 2nd quarter. CWM LLC now owns 286 shares of the company’s stock worth $33,000 after purchasing an additional 88 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Inter Parfums by 2.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,363 shares of the company’s stock valued at $390,000 after acquiring an additional 92 shares during the last quarter. Louisiana State Employees Retirement System lifted its stake in shares of Inter Parfums by 1.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the company’s stock valued at $1,044,000 after acquiring an additional 100 shares during the last quarter. Arizona State Retirement System boosted its holdings in Inter Parfums by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 5,378 shares of the company’s stock valued at $624,000 after acquiring an additional 105 shares during the period. Finally, Inspire Investing LLC grew its position in Inter Parfums by 3.9% during the 3rd quarter. Inspire Investing LLC now owns 3,208 shares of the company’s stock worth $415,000 after acquiring an additional 120 shares during the last quarter. 55.57% of the stock is currently owned by 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.