Inter Parfums (NASDAQ:IPAR) Updates FY25 Earnings Guidance
by Teresa Graham · The Cerbat GemInter Parfums (NASDAQ:IPAR – Get Free Report) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $5.35 for the period, compared to the consensus earnings per share 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 Stock Up 1.7 %
IPAR stock opened at $128.20 on Thursday. Inter Parfums has a twelve month low of $108.39 and a twelve month high of $156.75. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 27.51 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 has a 50 day moving average price of $122.42 and a two-hundred day moving average price of $122.47.
Inter Parfums (NASDAQ:IPAR – Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.10. Inter Parfums had a net margin of 10.60% and a return on equity of 16.34%. The business had revenue of $425.00 million during the quarter, compared to analysts’ expectations of $425.00 million. During the same period last year, the business earned $1.66 earnings per share. The firm’s revenue was up 15.5% on a year-over-year basis. Analysts anticipate that Inter Parfums will post 5.15 EPS for the current fiscal year.
Inter Parfums Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.34%. Inter Parfums’s payout ratio is 64.38%.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. BWS Financial reiterated a “buy” rating and set a $172.00 price target on shares of Inter Parfums in a report on Monday. StockNews.com upgraded Inter Parfums from a “sell” rating to a “hold” rating in a research note on Wednesday, August 7th. DA Davidson restated a “buy” rating and issued a $163.00 price target on shares of Inter Parfums in a research note on Tuesday. Finally, Piper Sandler cut their price target on Inter Parfums from $158.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Inter Parfums currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.50.
View Our Latest Stock Report on IPAR
Insider Transactions at Inter Parfums
In related news, Director Veronique Gabai-Pinsky sold 1,500 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $125.96, for a total value of $188,940.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 43.90% of the company’s stock.
About Inter Parfums
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.
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