Inter Parfums (IPAR) to Release Quarterly Earnings on Tuesday

Inter Parfums (NASDAQ:IPAR) will likely be announcing its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.87 per share and revenue of $361.56 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Inter Parfums Trading Down 0.2 %

Shares of Inter Parfums stock opened at $134.27 on Friday. The firm has a market capitalization of $4.30 billion, a PE ratio of 28.81 and a beta of 1.20. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.82 and a quick ratio of 1.60. The company’s fifty day moving average price is $135.01 and its two-hundred day moving average price is $129.35. Inter Parfums has a 52-week low of $108.39 and a 52-week high of $154.45.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on IPAR. Piper Sandler upped their target price on shares of Inter Parfums from $155.00 to $164.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. Canaccord Genuity Group began coverage on shares of Inter Parfums in a report on Thursday, January 16th. They issued a “buy” rating and a $158.00 target price on the stock. DA Davidson reaffirmed a “buy” rating and issued a $163.00 target price on shares of Inter Parfums in a report on Thursday, January 23rd. Finally, BWS Financial reaffirmed a “buy” rating and issued a $172.00 target price on shares of Inter Parfums in a report on Monday, January 27th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Inter Parfums presently has a consensus rating of “Moderate Buy” and an average target price of $159.40.

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.