Inter Parfums Positioned for Growth with Strategic Brand-Building and Asset-Light Model

Analyst Susan Anderson from Canaccord Genuity maintained a Buy rating on Inter Parfums and keeping the price target at $168.00.

Susan Anderson’s rating is based on several compelling factors that highlight Inter Parfums’ potential for growth and strategic positioning. The company’s management is optimistic about both short-term and long-term prospects, as they continue to execute effective brand-building strategies. Inter Parfums has reiterated its guidance for fiscal year 2025, expecting sales and earnings growth of approximately 4%. Over the next five years, the company anticipates a compound annual growth rate of around 6%, driven by its current portfolio, excluding any potential acquisitions.
Additionally, the company’s asset-light licensing model allows for operational flexibility and agility, which is crucial in the fast-growing fragrance market. The focus on prestige fragrances and strategic partnerships with brands that have significant growth potential further strengthens its position. With the fragrance category experiencing robust growth, particularly in key markets like the US and Asia, Inter Parfums is well-positioned to benefit from these favorable market dynamics. These factors collectively support Susan Anderson’s Buy rating for Inter Parfums, with a price target of $168.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IPAR in relation to earlier this year.