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Why the growth investor may take a look at INTER PARFUMS INC (NASDAQ:IPAR).

By Mill Chart

Last update: Feb 23, 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.

Some of the canslim metrics of NASDAQ:IPAR highlighted

  • 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 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.
  • INTER PARFUMS INC has a healthy Return on Equity(ROE) of 23.02%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • INTER PARFUMS INC has achieved an impressive Relative Strength (RS) rating of 84.82, showcasing its ability to outperform the broader market. This strong performance positions INTER PARFUMS INC as an attractive stock for potential price appreciation.
  • 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 institutional shareholders at 57.43%, INTER PARFUMS INC demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Zooming in on the technicals.

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 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IPAR is showing a nice and steady performance.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, IPAR did better than 84% of all other stocks.
  • IPAR is part of the Personal Care Products industry. There are 38 other stocks in this industry. IPAR outperforms 83% of them.
  • 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 133.98 - 156.75 range, which is quite wide. It is currently trading near the high of this range.

Our latest full technical report of IPAR contains the most current technical analsysis.

Fundamental Analysis Observations

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to IPAR. IPAR was compared to 38 industry peers in the Personal Care Products industry. IPAR has an excellent profitability rating, but there are some minor concerns on its financial health. IPAR is growing strongly while it is still valued neutral. This is a good combination! This makes IPAR very considerable for growth investing!

Our latest full fundamental report of IPAR contains the most current fundamental analsysis.

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 (4/26/2024, 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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