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Why INTER PARFUMS INC (NASDAQ:IPAR) qualifies as a high growth stock.

By Mill Chart

Last update: Feb 2, 2024

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

  • 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.
  • INTER PARFUMS INC has experienced 31.19% q2q revenue growth, indicating a significant sales increase.
  • Over the past 3 years, INTER PARFUMS INC has demonstrated 25.55% growth in EPS, signifying its positive financial trajectory and potential 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.
  • The Relative Strength (RS) of INTER PARFUMS INC has consistently been strong, with a current 81.14 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. INTER PARFUMS INC demonstrates promising potential for sustained price momentum.
  • With a Debt-to-Equity ratio at 0.19, INTER PARFUMS INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
  • The ownership composition of INTER PARFUMS INC reflects a balanced investor ecosystem, with institutional shareholders owning 56.31%. This indicates a broader market participation and potential for increased trading liquidity.

Deciphering the Technical Picture of NASDAQ:IPAR

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

Overall IPAR gets a technical rating of 9 out of 10. 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!
  • IPAR is part of the Personal Care Products industry. There are 39 other stocks in this industry. IPAR outperforms 78% of them.
  • In the last month IPAR has a been trading in the 132.63 - 143.64 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 81% 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.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

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.

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. While IPAR has a great profitability rating, 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!

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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INTER PARFUMS INC

NASDAQ:IPAR (4/22/2024, 3:30:02 PM)

After market: 129.52 0 (0%)

129.52

+1.64 (+1.28%)

IPAR News

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