Inter Parfums Inc (NASDAQ: IPAR) has reported E.P.S. of $1.15 for its second fiscal quarter (ending June 30) versus $1.09 for the same period a year ago — an increase of 6%. This performance was $0.13 better than the consensus estimate of $1.02. E.P.S. were $4.42 for the latest four quarters through June 30 versus $4.60 for the same period a year ago — a decline of -4%.
Recent Price Action
On 8/6/24, Inter Parfums Inc (NASDAQ: IPAR) stock increased 1.8%, closing at $130.28. Trading volume in this advance was normal. Relative to the market the stock has been weak over the last nine months and has declined -4.5% during the last week.
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 31 and a poor Appreciation Score of 16, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment