Recent extremely meaningful positive changes in investment behavior have benefitted Inter Parfums Inc (NASDAQ: IPAR): the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and the stock rose on very heavy volume.
Inter Parfums Inc (NASDAQ: IPAR) has recently enjoyed marginal positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
IPAR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Inter Parfums has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Inter Parfums has a slightly negative Power Rating of 35 and a poor Appreciation Score of 18, and the Lowest Value Trend Rating results.
Recent Price Action
Inter Parfums Inc (NASDAQ: IPAR) stock enjoyed a very large increase of 8.9% on 7/23/24. The shares closed at $138.35. Moreover, trading volume in this advance was exceptionally high at 232% of normal. The stock has been weak relative to the market over the last nine months but has risen 10.7% during the last week.
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