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Interparfums Inc

Interparfums Inc

IPAR
$123.23USD↑+0.42%+0.51 today

MARKET CAP

3.9B

P/E (TTM)

23.4x

FWD P/E

23.1x

DAY RANGE

$121 – $125

52W RANGE

$77
$135

AI Summary

Stalk
StalkMedium

IPAR remains medium-term bullish in a Stage 2 advancing environment, confirmed by a clear sequence of higher highs and lows and rising short-term EMAs. However, price is extremely overbought and extended well above the 9/21 EMAs and 50-day MA, increasing the risk of a sharp pullback. We defer execution and will stalk for disciplined pullbacks into the EMAs or intermediate support zone. The long-term downtrend remains intact, anchoring structural caution until a multi-year breakout occurs.

  • ↑Q1 consolidated sales rose 2% YoY to $345M, driven by 7% North America growth
  • ↑Net income climbed to $43M ($1.35 EPS), maintaining a 12.6% margin
  • ↓Organic sales declined 3% YoY, with Eastern Europe down 12% on regional volatility
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Interparfums Inc. (NASDAQ: IPAR) is a prominent player in the global fragrance market, engaged in developing, marketing, and distributing luxury perfumes. The company operates through two main segments: Interparfums SA (European-based) and their U.S. operations. Interparfums boasts a diverse portfolio, including recognized brands such as Coach, Montblanc, and Jimmy Choo. Given the rise of luxury consumer goods and evolving purchasing behaviors, particularly towards online platforms, Interparfums is well-positioned to benefit from increasing demand in the high-end fragrance sector.

Bull says

  • ↑Q1 consolidated sales rose 2% YoY to $345M, driven by 7% North America growth
  • ↑Net income climbed to $43M ($1.35 EPS), maintaining a 12.6% margin
  • ↑Direct-to-retail sales surged 16%, now comprising 43% of total revenue
  • ↑Secured new licensing with David Beckham to expand luxury brand offerings
  • ↑E-commerce engagement strong on TikTok and Amazon, driving digital sales momentum
  • ↑Robust cash position at $237M and guidance of $1.48B sales and $4.85 EPS

Bear says

  • ↓Organic sales declined 3% YoY, with Eastern Europe down 12% on regional volatility
  • ↓Tariffs cost ~$12.8M in Q1 and remain a significant headwind in 2026
  • ↓Gross margin contraction of 20bps in 2025 signals ongoing cost pressures
  • ↓Negative growth factor exposure raises concerns over sustainable revenue generation
  • ↓Elevated leverage risk with high debt levels versus operational cash flow
  • ↓Low institutional ownership and weak dividend yield may deter investor interest

Investment themes with IPAR

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-09-2026neutral

Transcript signals

Bull points

  • consolidated sales increasing 2% on a reported basis reflecting growth from both our US and European based operations despite mixed results across the portfolio, aided by favorable foreign exchange movements.
  • North America, our largest market, increased by 7%, driven by continued category growth and innovative brand extensions, particularly from Coach, Central and South America grew 23%, supported by strong momentum in women's and men's coach franchises and the Mont Blanc legend line.
  • Montblanc rose 14%, driven by the launch of Legend Elixir, the first launch for the Legend franchise since 2024, and the success of the Explorer Extreme line launched last year and a lower sales base in last year's first quarter.

Bear points

  • Western Europe sales were flat, driven by slow consumer demand.
  • Eastern Europe declined 12%, driven by operational difficulties in certain markets, which disproportionately impacted Lanvin and Lacoste.
  • Middle East and Africa declined 12%, primarily due to recent intensifications of regional wars and the conflicts in the region.
Read full transcript analysis ›