Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Inter Parfums, Inc. before investing.

In this article, we go over a few key elements for understanding Inter Parfums, Inc.’s stock price such as:

• Inter Parfums, Inc.’s current stock price and volume
• Why Inter Parfums, Inc.’s stock price changed recently
• Upgrades and downgrades for IPAR from analysts
• IPAR’s stock price momentum as measured by its relative strength

About Inter Parfums, Inc. (IPAR)

Before we jump into Inter Parfums, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Inter Parfums, Inc. manufactures, markets and distributes a range of fragrance and fragrance related products. The Company has two segments. The Company produces and distributes its fragrance products under license agreements with brand owners, and fragrance product sales through its European based operations segment. It has built a portfolio of brands, which include Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T. Dupont, and Van Cleef & Arpels, whose products are distributed in approximately 120 countries around the world. Its brand fragrance products are also produced and marketed through its United States based operations. These fragrance products are sold under trademarks owned by the Company or pursuant to license or other agreements with the owners of brands, which include Abercrombie & Fitch, Anna Sui, Donna Karan, DKNY, Ferragamo, Graff, GUESS, Hollister, MCM, Oscar de la Renta, and Ungaro.

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Inter Parfums, Inc.’s Stock Price as of Market Close

As of July 12, 2024, 4:00 PM, CST, Inter Parfums, Inc.’s stock price was $129.43.

Inter Parfums, Inc. is up 6.19% from its previous closing price of $121.88.

During the last market session, Inter Parfums, Inc.’s stock traded between $116.17 and $122.64. Currently, there are 32.04 million shares of Inter Parfums, Inc. stock available for purchase.

Inter Parfums, Inc.’s price-earnings (P/E) ratio is currently at 28.1, which is high compared to the Personal Products industry median of 27.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Inter Parfums, Inc. Stock Price History

Inter Parfums, Inc.’s (IPAR) price is currently up 11.55% so far this month.

During the month of July, Inter Parfums, Inc.’s stock price has reached a high of $130.13 and a low of $112.75.

Over the last year, Inter Parfums, Inc. has hit prices as high as $156.75 and as low as $108.39. Year to date, Inter Parfums, Inc.’s stock is up 34.1%.

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What Caused Inter Parfums, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 11, 2024, there was 1 analyst who downgraded Inter Parfums, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Inter Parfums, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Inter Parfums, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Inter Parfums, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Inter Parfums, Inc. (IPAR) by visiting AAII Stock Evaluator.

Relative Price Strength of Inter Parfums, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 11, 2024, Inter Parfums, Inc. has a weighted four-quarter relative price strength of -8.35%, which translates to a Momentum Score of 39 and is considered to be Weak.

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Inter Parfums, Inc. Stock Price: Bottom Line

As of July 12, 2024, Inter Parfums, Inc.’s stock price is $129.43, which is up 6.19% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Inter Parfums, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.