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Exploring growth characteristics of INTER PARFUMS INC (NASDAQ:IPAR).

By Mill Chart

Last update: Nov 9, 2023

In this article we will dive into INTER PARFUMS INC (NASDAQ:IPAR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INTER PARFUMS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:IPAR may be interesting for canslim investors.

  • INTER PARFUMS INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 26.74% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
  • INTER PARFUMS INC has demonstrated strong q2q revenue growth of 26.36%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • The 3-year EPS growth of INTER PARFUMS INC (25.55%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
  • With a favorable Return on Equity (ROE) of 22.01%, INTER PARFUMS INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • INTER PARFUMS INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 93.69 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. INTER PARFUMS INC is well-positioned for potential price growth opportunities.
  • Maintaining a Debt-to-Equity ratio of 0.21, INTER PARFUMS INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • INTER PARFUMS INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 56.08%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical analysis of NASDAQ:IPAR

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

Overall IPAR gets a technical rating of 4 out of 10. Although IPAR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • When comparing the yearly performance of all stocks, we notice that IPAR is one of the better performing stocks in the market, outperforming 93% 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 84% of 39 stocks in the same industry.
  • In the last month IPAR has a been trading in the 120.71 - 135.24 range, which is quite wide. It is currently trading near the high of this range.
  • Prices have been consolidating recently, this may present a good entry opportunity.
  • Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
  • IPAR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IPAR is lagging the market slightly.

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

How does the complete fundamental picture look for NASDAQ:IPAR?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

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 on profitability, but there are some minor concerns on its financial health. IPAR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make IPAR suitable for growth investing!

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

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 (4/26/2024, 7:00:02 PM)

119.56

+1.55 (+1.31%)

IPAR News

News Image4 days ago - Inter Parfums, Inc.Inter Parfums, Inc. Reports Record 2024 First Quarter Net Sales
News Image5 days ago - Inter Parfums, Inc.Inter Parfums, Inc. Schedules 2024 First Quarter Results
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%.

News Image2 months ago - Seeking AlphaInter Parfums Q4 results, 2024 guidance leaves much to be desired (IPAR)

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

News Image2 months ago - Inter Parfums, Inc.Inter Parfums, Inc. Reports 2023 Fourth Quarter and Record Full Year Results
News Image2 months ago - Investor's Business DailyColgate-Palmolive Stock Sees Relative Strength Rating Climb To 72

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
News Image5 months ago - Seeking AlphaInter Parfums expects 2024 net sales of $1.45B (NASDAQ:IPAR)

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...

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