Why the CANSLIM investor may take a look at NASDAQ:IPAR.

In this article we will dive into INTER PARFUMS INC (NASDAQ:IPAR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed INTER PARFUMS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

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 26.74% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• The recent q2q revenue growth of 26.36% of INTER PARFUMS INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
• The EPS of INTER PARFUMS INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With a favorable Return on Equity (ROE) of 22.01%, INTER PARFUMS INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• The Relative Strength (RS) of INTER PARFUMS INC has been consistently solid, with a current 94.68 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. INTER PARFUMS INC exhibits strong prospects for further price appreciation.
• INTER PARFUMS INC exhibits a favorable Debt-to-Equity ratio at 0.21. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• INTER PARFUMS INC demonstrates a balanced ownership structure, with institutional shareholders at 58.58%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Deciphering the Technical Picture of NASDAQ:IPAR

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, IPAR scores 6 out of 10 in our technical rating. Although IPAR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

• When comparing the yearly performance of all stocks, we notice that IPAR is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, IPAR also shows a nice and consistent pattern of rising prices.
• IPAR is part of the Personal Care Products industry. There are 39 other stocks in this industry. IPAR outperforms 81% of them.
• IPAR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IPAR is performing more or less in line with the market.
• In the last month IPAR has a been trading in the 129.34 - 147.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
• The long and short term trends are both neutral. This gives a pretty neutral overall picture!

For an up to date full technical analysis you can check the technical report of IPAR

How does the complete fundamental picture look for NASDAQ:IPAR?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 7 out of 10 to IPAR. IPAR was compared to 39 industry peers in the Personal Care Products industry. While IPAR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. IPAR is growing strongly while it is still valued neutral. This is a good combination! These ratings would make IPAR suitable for growth investing!

Check the latest full fundamental report of IPAR for a complete fundamental analysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.