Interparfums (IPAR) Stock Dips Amidst Broader Personal Care Sector Gains

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Nov 15, 2024

Interparfums Inc. (IPAR, Financial) recently experienced significant stock movement, with a sharp decline of 5.16%. The stock is currently priced at $123.98 per share, with a trading volume of 79,570 shares, a turnover rate of 0.25%, and a price volatility of 5.56%.

Recent financial reports show that Interparfums achieved a revenue of $425 million, a net profit of $62.26 million, and earnings per share of $1.94. The company's gross margin stands at $271 million, with a price-to-earnings ratio of 26.62.

Regarding institutional ratings, 80% of the five participating institutions recommend buying the stock, while 20% suggest holding it. No institutions are advising a sell.

In the personal care sector, where Interparfums operates, the overall increase is 0.69%. Notable gains were seen in stocks such as Nu Skin Group, The Honest Company, Inc., and Raytech Holding Limited. Companies with high turnover rates include Carbon Holdings, Hims & Hers Health, Inc., and The Honest Company, Inc., at 22.13%, 11.08%, and 5.56%, respectively. Notably volatile stocks include The Beauty Health Company, Big Tree Cloud Holdings, and Carmell Corporation, with volatilities of 13.97%, 13.41%, and 13.23%.

Interparfums Inc. specializes in the fragrance business, producing, marketing, and distributing perfumes and related products. Its brands include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Lanvin, Moncler, Montblanc, Rochas, and Van Cleef & Arpels. The company operates through its European and U.S. divisions, selling to department stores, perfume stores, specialty retailers, and both domestic and international wholesalers and distributors.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.