BWS Financial has upgraded its earnings forecast for Interparfums, Inc. (NASDAQ:IPAR) for the fiscal year 2025. In a report issued on November 21, 2023, analyst H. Khorsand increased the earnings per share (EPS) estimate to $5.06, up from a prior estimate of $5.01. The firm maintains a “Neutral” rating on the stock with a price target of $85.00.
The consensus estimate for Interparfums’ full-year earnings currently stands at $5.14 per share. Additionally, BWS Financial has projected earnings for the first three quarters of 2026, estimating EPS of $1.02 for Q1, $1.05 for Q2, and $1.65 for Q3.
Recent Earnings Performance
Interparfums released its latest earnings results on November 5, 2023, reporting an EPS of $2.05 for the quarter. This figure exceeded analysts’ expectations, which were set at $1.89, marking a positive variance of $0.16. The company achieved a net margin of 11.03% and a return on equity of 16.45%, with revenue reaching $429.58 million, slightly below the consensus estimate of $431.78 million. This revenue reflects a modest increase of 1.2% compared to the same quarter last year, when Interparfums reported an EPS of $1.93.
For fiscal year 2025, the company has set its earnings guidance at $5.120 EPS, indicating a focus on maintaining profitability in a competitive market.
Market Performance and Investor Activity
On November 20, 2023, shares of Interparfums opened at $79.57. The company boasts a market capitalization of $2.55 billion, a price-to-earnings (P/E) ratio of 15.95, and a beta of 1.39. Interparfums shows strong liquidity with a quick ratio of 1.69 and a current ratio of 2.96. Its debt-to-equity ratio stands at a low 0.14. Over the past year, the stock has seen a low of $77.21 and a high of $148.15.
Recent trading activity indicates increasing interest from institutional investors. Large investors have notably adjusted their holdings, with CWM LLC increasing its stake in Interparfums by 29.4% during the first quarter, now owning 418 shares valued at approximately $48,000. Other firms, such as Universal Beteiligungs und Servicegesellschaft mbH, acquired new stakes valued at around $1.63 million, demonstrating the growing confidence in the company’s future performance.
Overall, hedge funds and institutional investors collectively own 55.57% of Interparfums’ stock, indicating a robust interest in the company’s growth potential.
Interparfums, Inc., through its subsidiaries, manufactures and markets a variety of fragrances and related products both in the United States and internationally, operating in two main segments: European Based Operations and United States Based Operations. The company’s portfolio includes well-known brands such as Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, and Rochas.
As Interparfums continues to navigate the fragrance market, its recent financial outlook and strong institutional backing may position it favorably for sustained growth in the coming years.
