With 0.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. The 52-week range on IPAR shows that it touched its highest point at $148.15 and its lowest point at $97.65 during that stretch. It currently has a 1-year price target of $159.50. With its current market cap of 3.85 billion, IPAR has annualized dividend of $3.05 while the current yield stands at 2.55%. Beta for the stock currently stands at 1.35.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IPAR was up-trending over the past week, with a rise of 9.89%, but this was up by 20.18% over a month. Three-month performance dropped to -13.73% while six-month performance fell -3.30%. The stock gained 0.03% in the past year, while it has lost -8.89% so far this year. A look at the trailing 12-month EPS for IPAR yields 5.15 with Next year EPS estimates of 5.82. For the next quarter, that number is 1.21. This implies an EPS growth rate of 3.69% for this year and 8.31% for next year. EPS is expected to grow by 6.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.89%.
Float and Shares Shorts:
At present, 32.12 million IPAR shares are outstanding with a float of 18.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IPAR since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.15297 being high and $5.08293 being low. For IPAR, this leads to a yearly average estimate of $5.14296. Based on analyst estimates, the high estimate for the next quarter is $2.1 and the low estimate is $1.98. The average estimate for the next quarter is thus $2.03.
