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INTER PARFUMS INC (NASDAQ:IPAR) is a candidate for growth investors. Here's why.

By Mill Chart

Last update: Sep 4, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTER PARFUMS INC (NASDAQ:IPAR) is suited for growth investing. Investors should of couse do their own research, but we spotted INTER PARFUMS INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

What matters for canslim investors.

  • In the most recent financial report, INTER PARFUMS INC reported a 26.74% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • INTER PARFUMS INC has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 26.36%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
  • INTER PARFUMS INC has experienced 25.55% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • INTER PARFUMS INC has a healthy Return on Equity(ROE) of 22.01%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • The Relative Strength (RS) of INTER PARFUMS INC has been consistently solid, with a current 95.08 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. INTER PARFUMS INC exhibits strong prospects for further price appreciation.
  • INTER PARFUMS INC maintains a healthy Debt-to-Equity ratio of 0.21. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • With 58.58% of the total shares held by institutional investors, INTER PARFUMS INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

What is the technical picture of NASDAQ:IPAR telling us.

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 8 out of 10 to IPAR. Both in the recent history as in the last year, IPAR has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • When comparing the yearly performance of all stocks, we notice that IPAR is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, IPAR also shows a nice and consistent pattern of rising prices.
  • IPAR is one of the better performing stocks in the Personal Care Products industry, it outperforms 78% of 39 stocks in the same industry.
  • IPAR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IPAR is lagging the market slightly.
  • In the last month IPAR has a been trading in the 127.43 - 149.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of IPAR for a complete technical analysis.

Fundamental Analysis Observations

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, IPAR scores 7 out of 10 in our fundamental rating. IPAR was compared to 39 industry peers in the Personal Care Products industry. IPAR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. IPAR is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make IPAR suitable for growth and quality investing!

For an up to date full fundamental analysis you can check the fundamental report of IPAR

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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INTER PARFUMS INC

NASDAQ:IPAR (4/22/2024, 7:08:38 PM)

After market: 129.52 0 (0%)

129.52

+1.64 (+1.28%)

IPAR News

News Image2 months ago - Seeking AlphaInter Parfums raises dividend by 20% to $0.75 (NASDAQ:IPAR)

Inter Parfums (IPAR) declares a $0.75/share quarterly dividend, a 20% increase from the previous dividend, with a forward yield of 2.07%.

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Inter Parfums (IPAR) Q4 profit misses estimates, issues soft 2024 guidance. Read more here.

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Colgate-Palmolive stock had its Relative Strength Rating climb to 72 Wednesday -- a nice improvement, but shy of the preferred 80-plus score.

News Image2 months ago - Inter Parfums, Inc.Inter Parfums, Inc. Schedules 2023 Fourth Quarter and Full Year Results
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Inter Parfums expects a 12% increase in net sales and an 8% increase in earnings per share in 2024, driven by new fragrance launches and sales growth from...

News Image5 months ago - Inter Parfums, Inc.Inter Parfums, Inc. Announces Initial 2024 Guidance
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e.l.f. Beauty saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 92 the day before.

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