Is NASDAQ:IPAR a Fit for Growth Investing Strategies?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTER PARFUMS INC (NASDAQ:IPAR) is suited for growth investing. Investors should of course do their own research, but we spotted INTER PARFUMS INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of INTER PARFUMS INC

• INTER PARFUMS INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 26.74% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• INTER PARFUMS INC has experienced 26.36% q2q revenue growth, indicating a significant sales increase.
• 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.
• INTER PARFUMS INC demonstrates a strong Return on Equity(ROE) of 22.01%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. INTER PARFUMS INC shows promising potential for continued success.
• The Relative Strength (RS) of INTER PARFUMS INC has been consistently solid, with a current 94.34 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.
• With a current Debt-to-Equity ratio at 0.21, INTER PARFUMS INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• The ownership composition of INTER PARFUMS INC reflects a balanced investor ecosystem, with institutional shareholders owning 58.56%. This indicates a broader market participation and potential for increased trading liquidity.

Insights from Technical Analysis

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

We assign a technical rating of 2 out of 10 to IPAR. Although IPAR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• Looking at the yearly performance, IPAR did better than 94% of all other stocks.
• IPAR is part of the Personal Care Products industry. There are 40 other stocks in this industry. IPAR outperforms 84% of them.
• The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
• IPAR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IPAR is lagging the market slightly.

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

What is the full fundamental picture of NASDAQ:IPAR telling us.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to IPAR. IPAR was compared to 40 industry peers in the Personal Care Products industry. While IPAR has a great profitability rating, there are some minor concerns on its financial health. IPAR is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make IPAR a good candidate for growth investing.

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.