Inter Parfums (NASDAQ:IPAR) Issues FY25 Earnings Guidance

Inter Parfums (NASDAQ:IPAR) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.35 for the period, compared to the consensus EPS estimate of $5.34. The company issued revenue guidance of $1.51 billion, compared to the consensus revenue estimate of $1.50 billion. Inter Parfums also updated its FY 2025 guidance to 5.350-5.350 EPS.

Inter Parfums Trading Down 0.8 %

NASDAQ:IPAR traded down $0.99 during trading hours on Friday, reaching $129.73. The company’s stock had a trading volume of 7,692 shares, compared to its average volume of 145,098. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.60 and a current ratio of 2.82. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 28.05 and a beta of 1.16. The firm has a 50-day simple moving average of $122.42 and a 200-day simple moving average of $122.47. Inter Parfums has a 1 year low of $108.39 and a 1 year high of $156.75.

Inter Parfums (NASDAQ:IPAR) last issued its earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.10. The firm had revenue of $425.00 million for the quarter, compared to analysts’ expectations of $425.00 million. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. The business’s revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the business earned $1.66 earnings per share. Research analysts expect that Inter Parfums will post 5.15 EPS for the current fiscal year.

Inter Parfums Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a dividend of $0.75 per share. The ex-dividend date is Monday, December 16th. This represents a $3.00 dividend on an annualized basis and a yield of 2.31%. Inter Parfums’s dividend payout ratio is presently 64.38%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on IPAR. StockNews.com upgraded Inter Parfums from a “sell” rating to a “hold” rating in a research report on Wednesday, August 7th. Piper Sandler reduced their price objective on shares of Inter Parfums from $158.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday. BWS Financial reaffirmed a “buy” rating and issued a $172.00 target price on shares of Inter Parfums in a research report on Monday. Finally, DA Davidson reaffirmed a “buy” rating and set a $163.00 target price on shares of Inter Parfums in a research note on Tuesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Inter Parfums presently has an average rating of “Moderate Buy” and an average price target of $157.50.

Insiders Place Their Bets

In other news, Director Veronique Gabai-Pinsky sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $125.96, for a total value of $188,940.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 43.90% of the stock is owned by corporate insiders.

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.