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.
You will need a brokerage account to access the NASDAQ market and buy IPAR shares.
We believe that eToro is the best place to buy stocks. Here's why:
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountNow 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.
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.
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.
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.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge IPAR's intrinsic value.
Using relative valuations metrics:
You can access more valuation analysis on IPAR's stock here.
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.
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:
For FY 2022:
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.
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.
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.
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.
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.
You have two main order types:
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:
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.
To summarize, here are the 6 steps to buy Inter Parfums stock:
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.