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High growth, ROE and relative strength for NASDAQ:IPAR, growth investors may appreciate this.

By Mill Chart

Last update: Dec 21, 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.

  • With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), INTER PARFUMS INC highlights its ability to generate increasing profitability, showcasing a 27.69% growth.
  • The recent q2q revenue growth of 31.19% of INTER PARFUMS INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • 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 23.02%, 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 exhibited strong Relative Strength(RS) in recent periods, with a current 83.34 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. INTER PARFUMS INC shows promising potential for continued price momentum.
  • Maintaining a Debt-to-Equity ratio of 0.19, INTER PARFUMS INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • With 56.53% 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.

Analyzing the Technical Aspects

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Overall IPAR gets a technical rating of 8 out of 10. In the last year, IPAR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

  • The long and short term trends are both positive. This is looking good!
  • IPAR is one of the better performing stocks in the Personal Care Products industry, it outperforms 73% 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 121.26 - 145.79 range, which is quite wide. It is currently trading near the high of this range.
  • When comparing the yearly performance of all stocks, we notice that IPAR is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, IPAR also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.

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

What else is there to say on the fundamentals of 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.

We assign a fundamental rating of 7 out of 10 to IPAR. IPAR was compared to 39 industry peers in the Personal Care Products industry. While IPAR has a great profitability rating, there are some minor concerns on its financial health. IPAR is not overvalued while it is showing excellent growth. This is an interesting combination. This makes IPAR very considerable for growth investing!

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

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

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 (5/30/2024, 8:30:17 AM)

119.75

+0.19 (+0.16%)

IPAR News

News Image23 days ago - Inter Parfums, Inc.Inter Parfums, Inc. Reports 2024 First Quarter Results
News Imagea month ago - InvestorPlaceIPAR Stock Earnings: Inter Parfums Misses Revenue for Q1 2024

IPAR stock results show that Inter Parfums missed on revenue for the first quarter of 2024.

News Imagea month ago - Inter Parfums, Inc.Inter Parfums, Inc. Reports Record 2024 First Quarter Net Sales
News Imagea month ago - Inter Parfums, Inc.Inter Parfums, Inc. Schedules 2024 First Quarter Results
News Image3 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 Image3 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 Image3 months ago - Inter Parfums, Inc.Inter Parfums, Inc. Reports 2023 Fourth Quarter and Record Full Year Results
News Image3 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 Image4 months ago - Inter Parfums, Inc.Inter Parfums, Inc. Schedules 2023 Fourth Quarter and Full Year Results
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