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-0.00297577430236119 -0.00297577430236119 0.00116528672186444 0.00349586016559333 0.00916896657467037 0.00417049984667284 0.000613308800981259 -0.00349586016559333
Stock impact report

Interparfums: Stable Quality Business At Its Lowest P/E In 10 Years [Seeking Alpha]

Inter Parfums, Inc. (IPAR) 
Last inter parfums, inc. earnings: 3/2 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: interparfumsinc.com/ir_press.html
Company Research Source: Seeking Alpha
The fragrance, beauty, and luxury market is experiencing a widespread slowdown, and IPAR has not been spared from this. The management expects 1% sales growth over the next two years and 5% EPS decrease, which has caused a 40% drop in the stock price. After this drop, the shares are trading at their lowest P/E ratio in the last 10 years and a dividend yield of almost 4%. Marina Moskalyuk/iStock via Getty Images Investment thesis Interparfums, Inc. ( IPAR ) is a high-quality fragrance company with a long track record of double-digit earnings growth and consistently strong execution. However, it's being impacted by the slowdown in the prestige beauty sector and the beauty industry in general, which This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in Show less Read more
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