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Is NASDAQ:IPAR suited for growth investing?

By Mill Chart

Last update: Nov 30, 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 course 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.

Looking into the canslim metrics of INTER PARFUMS INC

  • The EPS of INTER PARFUMS INC has exhibited growth from one quarter to another (Q2Q), with a 27.69% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 31.19%, INTER PARFUMS INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • The EPS of INTER PARFUMS INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
  • With a solid Return on Equity (ROE) of 23.02%, INTER PARFUMS INC exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
  • INTER PARFUMS INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 78.29 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.
  • With a current Debt-to-Equity ratio at 0.19, INTER PARFUMS INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
  • With 56.89% 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.

Technical analysis of NASDAQ:IPAR

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

We assign a technical rating of 1 out of 10 to IPAR. IPAR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • IPAR is part of the Personal Care Products industry. There are 39 other stocks in this industry. IPAR outperforms 71% of them.
  • When comparing the yearly performance of all stocks, we notice that IPAR is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
  • IPAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IPAR is lagging the market.

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

A complete fundamental analysis of NASDAQ:IPAR

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

IPAR gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 39 industry peers in the Personal Care Products industry. While IPAR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. IPAR is growing strongly while it is still valued neutral. This is a good combination! With these ratings, IPAR could be worth investigating further for growth investing!.

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

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

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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INTER PARFUMS INC

NASDAQ:IPAR (4/19/2024, 7:00:02 PM)

After market: 127.88 0 (0%)

127.88

+3.96 (+3.2%)

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%.

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...

News Image5 months ago - Inter Parfums, Inc.Inter Parfums, Inc. Announces Initial 2024 Guidance
News Image5 months ago - Investor's Business Dailye.l.f. Beauty Stock Earns Membership In 95-Plus Composite Rating Club

e.l.f. Beauty saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 92 the day before.

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