How to Buy Inter Parfums Stock
Inter Parfums Inc
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.
Inter Parfums stock last closed at $139.24, up 1.68% from the previous day, and has increased 62.15% in one year. It has overperformed other stocks in the Household & Personal Products industry by 0.73 percentage points. Inter Parfums stock is currently +115.81% from its 52-week low of $64.52, and -1.76% from its 52-week high of $141.73.
As of Mar 20, 2023, there are 32.11M IPAR shares outstanding. The market capitalization of IPAR is $4.47B. In the last 24 hours, 111,128 IPAR shares were traded.
How to Buy Inter Parfums Stock
Not sure how to invest in Inter Parfums stock? Here's how.
- Figure out where to buy Inter Parfums stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Inter Parfums stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your details.
- Research Inter Parfums stock: The Inter Parfums ticker symbol is IPAR. Is Inter Parfums stock a good investment? Should you buy shares of IPAR? How do IPAR's underlying business fundamentals look? Do top analysts think Inter Parfums is a good buy? Why has IPAR's stock price moved recently? (Hint: Our stock market research website can help you evaluate if IPAR is a good stock to buy).
- Place your IPAR buy order: Decide if you will purchase IPAR shares at the current market price or use a limit order to buy IPAR stock at a specific price.
- Keep an eye on your investment in IPAR: Create a watchlist to key updates about your position in Inter Parfums stock.
Step 1: Figure out where to buy Inter Parfums stock
You will need a brokerage account to access the NASDAQ market and buy IPAR shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in IPAR stock today.
How to Start a New Investment Account on eToro
- Click here to get started.
- Input your personal data to start a new trading account.
- Submit your application by pressing the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock buying app, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your new investment account.
Step 4: Research Inter Parfums stock
Once you have chosen the best place to buy Inter Parfums stock, it's important to research their stock before you buy, so you truly comprehend the risk as well as the upside.
Inter Parfums shares data
IPAR Due Diligence Checks
WallStreetZen was created to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on IPAR's stock page.
What is the fair value of IPAR stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge IPAR's intrinsic value.
Using relative valuations metrics:
- IPAR could be overvalued based on its P/E ratio of 36.64x, relative to Household & Personal Products industry P/E ratio of 31.78x
- IPAR could be overvalued based on its P/B ratio of 7.25x, relative to Household & Personal Products industry P/B ratio of 7.04x
- IPAR could be overvalued based on its PEG ratio of 2.15x
You can access more valuation analysis on IPAR's stock here.
IPAR Financials at a glance
Positive Financial Indicators:
- IPAR profit margin has gone up from 9.9% to 11.1% in the past year.
- There are more short-term assets than long-term liabilities on the IPAR balance sheet.
- IPAR has cash burn of 17471000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the IPAR balance sheet.
- IPAR has $255.55M in cash and short term investments. This is enough to cover its annual cash burn of $17.47M.
Negative Financial Indicators:
- Total IPAR debt is higher than 5 years ago, relative to shareholder equity.
- IPAR has a relatively high debt to equity ratio of 0.84.
Is it a good time to buy IPAR stock, according to Wall Street analysts?
Out of 5 sell side analysts who research IPAR, the consensus analyst rating on IPAR is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest IPAR Analyst Upgrades/Downgrades
Hamed Khorsand, a top 10% analyst from BWS Financial maintains IPAR with a buy rating and raises their IPAR price target from $150.00 to $172.00, on Mar 3, 2023.
Linda Bolton Weiser, a top 21% analyst from DA Davidson maintains IPAR with a strong buy rating and raises their IPAR price target from $126.00 to $158.00, on Mar 2, 2023.
Maintaining her Strong Buy rating, Bolton Weiser raised her price target on Inter Parfums Inc. by 25.4% following the release of the company's Q4 and FY 2023 earnings report on 2023/02/28.
The print delivered "a sales upside surprise and management raised its EPS guidance to $0.34, the analyst reported.
The stock has gained 24.5% YTD against the S&P 500's 3.7% gain.
Inter Parfums reported:
For Q4 2022:
- EPS of $0.52, which the Zacks Consensus Estimate of $0.34 and Q4 2021's loss of $0.04.
- Revenue of $310.79M, which beat the Zacks Consensus Estimate by 10.78% and, by 47.5%, Q4 2021's $210.72M.
- Issued quarterly dividend of $0.50, up from Q4 2021's $0.25.
For FY 2022:
- EPS of $3.78, up 37.5% from FY 2021's $2.75.
- Revenue of $1.087B, up 23.5% from FY 2021's $880M.
- Issued dividends in the year totalling $2.00, up from FY 2021's $1.00.
With respect to FY 2023 guidance, CFO Michel Atwood said: “With two months under our belt and sizable orders already booked, the year should be even better than we initially expected.
"It now appears that 2023 net sales will approximate $1.2B, 10% ahead of 2022 net sales.
"Likewise, we are raising our EPS guidance to $4.00, up 6% from 2022.
"Our former 2023 guidance called for net sales of $1.15B and EPS of $3.75.”
Commening generally, Chairman & CEO Jean Madar said: “2022 was a milestone year, as we crossed $1B in net sales, with all regions contributing to our growth. Even Eastern Europe achieved modest sales growth of 6%, despite the armed conflict in Ukraine and sanctions on Russia.
"With the exception of China, our travel retail business has rebounded to near pre-pandemic levels.”
“2023 should be even better with new products and brand extensions unveiling throughout the year."
Ashley Helgans, a bottom 16% analyst from Jefferies maintains IPAR with a hold rating and raises their IPAR price target from $96.00 to $104.00, on Jan 31, 2023.
Korinne Wolfmeyer, a top 17% analyst from Piper Sandler maintains IPAR with a strong buy rating and raises their IPAR price target from $118.00 to $130.00, on Jan 24, 2023.
Wendy Nicholson, a bottom 8% analyst from Citigroup upgrades IPAR to a strong buy rating and announces their IPAR price target of $99.00, on May 16, 2022.
You can dig deeper into what analysts are forecasting on the Inter Parfums stock forecast page.
IPAR Technicals
How is IPAR performing as a company?
Last year, IPAR earnings were $120.94M. Over the past 5 year, IPAR's earnings have increased by 23.36% per year. This was faster than the Household & Personal Products industry average of -3.01%.
Last year, IPAR revenue was $1.09B. Over the last five year, IPAR's revenue has gone up by 12.94% per year. This was faster than the Household & Personal Products industry average of 8.49%.
You can research IPAR's earnings and revenue performance here.
What are IPAR executives and large shareholders up to?
Over the last 12 months, insiders at IPAR have bought more shares than they have sold.
Gilbert Harrison, Director of IPAR, was the latest IPAR insider to sell. They sold $68,500.00 worth of IPAR shares on Mar 15, 2023.
Dig into more about who owns IPAR shares here.
Can I rely on IPAR as an income stream?
Inter Parfums pays a dividend of 1.53%, compared to the Household & Personal Products industry's average dividend yield of 2.93%. If you owned $1,000 of IPAR stock, you would have been paid $15.26 last year.
Inter Parfums dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more analysis about Inter Parfums dividend yield and history here.
What do other investors have to say about IPAR?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your IPAR buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and eToro will execute your order.
If you require additional help investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in IPAR
Now that you own some shares in IPAR, you'll want to stay up-to-date on your new company.
Put IPAR on a watchlist to see the latest developments about your IPAR stock.
IPAR Feed
How to Buy Stock in Inter Parfums
To summarize, here are the 6 steps to buy Inter Parfums stock:
- Figure out where to buy Inter Parfums stock
- Open your brokerage account
- Deposit money your investment account
- Research Inter Parfums stock
- Place your IPAR buy order
- Keep an eye on your investment in IPAR
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Inter Parfums, add IPAR to your watchlist by clicking the button below.
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