Core Viewpoint - Inter Parfums (IPAR) shows potential for significant upside, with a mean price target of $164.75 indicating a 33% increase from the current trading price of $123.91 [1] Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $5.12, suggesting a consensus among analysts [2] - The lowest estimate of $160 indicates a 29.1% increase, while the highest estimate predicts a 38.8% surge to $172 [2] - A low standard deviation indicates strong agreement among analysts regarding the stock's price movement [7] Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about IPAR's earnings prospects, with a positive trend in earnings estimate revisions [9] - The Zacks Consensus Estimate for the current year has increased by 0.4% over the past month, with no negative revisions [10] - IPAR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - Solely relying on price targets for investment decisions may not be wise, as analysts' price targets can often be overly optimistic due to business incentives [3][6] - While price targets should not be ignored, they should be approached with skepticism, as they may not accurately predict stock price movements [8]

Wall Street analysts expect Inter Parfums (IPAR) to post quarterly earnings of $1.83 per share in its upcoming report, which indicates a year-over-year increase of 10.2%. Revenues are expected to be $424.95 million, up 15.5% from the year-ago quarter.The current level reflects a downward revision of 2.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a ...

Inter Parfums, Inc. (IPAR) is likely to register growth in its bottom line when it reports third-quarter 2024 earnings on Nov. 6. The Zacks Consensus Estimate for earnings has risen by a penny in the past 30 days to $1.83 per share, indicating a rise of 10.2% from the figure reported in the year-ago quarter. IPAR has a trailing four-quarter earnings surprise of 2.5%, on average.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Things to Consider Ahead of IPAR’s Upcoming ResultsInter P ...

Inter Parfums (IPAR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the syste ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Inter Parfums (IPAR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the ...

Inter Parfums, Inc. (IPAR) continues to benefit from strength in the fragrance market, as reflected in its stellar third-quarter 2024 sales. The results were fueled by ongoing fragrance market momentum, the strong performance of the company’s largest brands, as well as contributions from its latest brands, Lacoste and Roberto Cavalli.For the three months ended Sept. 30, 2024, net sales rose 15% to $425 million from $368 million reported in the year-ago quarter. This growth was driven by the strong performan ...

Achieves Best Quarterly Sales Performance in Company History; Reaffirms FY2024 Guidance2024 Third Quarter Conference Call Scheduled for November 7, 2024 NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today announced that for the three months ended September 30, 2024, net sales rose to a record $425 million, up 15% from $368 million in the third quarter of 2023. Net Sales ($ in millions) Data may not foot due to rounding Three Months EndedNi ...

Inter Parfums, Inc. (IPAR) is taking advantage of favorable conditions in the fragrance market, leading to notable growth. The company is benefiting from the introduction of new fragrance licenses such as Roberto Cavalli and Lacoste, which are contributing to its impressive financial performance. In second-quarter 2024, the company saw a year-over-year increase in sales and earnings, partly owing to its broad global distribution network and a well-established lineup of brands. This success reflects IPAR's s ...

Inter Parfums, Inc. (IPAR) is capitalizing on positive trends in the fragrance market, with strong sales from new licenses like Roberto Cavalli and Lacoste driving its success. The company's growth strategy combines established brands with targeted marketing and a wide global distribution network. This balanced approach is proving effective, particularly as the travel retail sector experiences a resurgence due to increased leisure and business travel. As a result, Inter Parfums' second-quarter 2024 earnings ...

A month has gone by since the last earnings report for Inter Parfums (IPAR) . Shares have lost about 6.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Inter Parfums due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Inter Parfums Q2 Earnings Top, Sales Up on Robu ...