IPAR Stock Summary and Trading Ideas (Interparfums | NASDAQ:IPAR)

Interparfums Inc operates in the fragrance business and produces and distributes a wide array of prestige fragrance and fragrance-related products. It sells its product under the brand which includes Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Lanvin, Moncler, Montblanc, Rochas and Van Cleef & Arpels. The company operates in two operating segments namely European based operations, SA, and United States based operations.. The group sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.

Interparfums trades on the NASDAQ stock market under the symbol IPAR.

As of December 12, 2024, IPAR stock price declined to $137.54 with 94,699 million shares trading.

IPAR has a beta of 0.81, meaning it tends to be less sensitive to market movements. IPAR has a correlation of 0.09 to the broad based SPY ETF.

IPAR has a market cap of $4.40 billion. This is considered a Mid Cap stock.

Last quarter Interparfums reported $425 million in Revenue and $1.93 earnings per share. This fell short of revenue expectation by $-281,000 and exceeded earnings estimates by $.10.

In the last 3 years, IPAR traded as high as $161.17 and as low as $64.52.

The top ETF exchange traded funds that IPAR belongs to (by Net Assets): IJR, IWM, VTI, VB, VXF.

IPAR has underperformed the market in the last year with a price return of +5.4% while the SPY ETF gained +32.3%. However, in the short term, IPAR had mixed performance relative to the market. It has outperformed in the last 3 months, returning +19.8% vs +9.3% return in SPY. But in the last 2 weeks, IPAR shares have been beat by the market, returning -0.4% compared to an SPY return of +0.9%.

IPAR support price is $135.29 and resistance is $141.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IPAR shares will trade within this expected range on the day.