08-09-2019: Inter Parfums, Inc. (IPAR): Perfume Stocks are Recent Strong Performers

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Recommendation

Inter Parfums, Inc.

Inter Parfums Inc. (IPAR) manufactures perfumes for sale mainly in Europe and the United States, but also in the Middle East, and the Asia-Pacific region including China. Combined revenues exceed $500 million annually. This is a somewhat competitive industry whose stocks have been performing recently near the top of all industry groups. IPAR has many licensing agreements whereby it markets it fragrances under the brand names of some of the top retailers one is apt to find at discount shopping malls.

The various factors by which we weight a buy/sell decision were so balanced and neutral with this company, that we had to double-weight recent news to break a tie favorably. This appears to be a stable, low risk company but it has an unacceptably low Zenith Index.

It appeas to us to have good corporate governance, pays a 1.5% dividend, has a good website with CEO Letter and an exemplary "Management Discussion of Results" section. News on the stock is primary limited to earnings reports and news of various licensing agreements.

Institutions are net sellers, but Dimensional Fund Advisors is among the top shareholders which we always regard as a good sign.

Shares have tripled in value since early 2015. The rise has been gradual and steady suggesting low risk, predictability, and stability. We would classify this stock as a channeling or trading range stock in the middle of a recent trading range after returning from a breakout that took it as high as $80/share but has now returned to closer to $65.

One of the main things attracting traders to this stock was a slew of earnings reports that beat earnings estimates. These consistent surprises attracted traders, but it is important to pay attention to guidance from the company which it frequently offers. 



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Zenith Index

Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.

Inter Parfums, Inc. (IPAR)                                Exchange: Nasdaq
551 Fifth Avenue
Suite 1500 14th Floor & 15th Flr Sector: Consumer Defensive
New York, NY 10176               Industry: Household & Personal Products

Inter Parfums, Inc., together with its subsidiaries, manufactures,
markets, and distributes a range of fragrances and fragrance related
products. The company operates in two segments, European Based
Operations and United States Based Operations. It offers its fragrance
and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl
Lagerfeld, Lanvin, Montblanc, Paul Smith, Repetto, Rochas, S.T. Dupont,
Van Cleef & Arpels, Abercrombie & Fitch, Agent Provocateur, Anna Sui,
bebe, Dunhill, Hollister, French Connection, Graff, GUESS, Lily
Aldridge, and Oscar de la Renta brand names, as well as under the
Intimate and Aziza names. It sells its products to department stores,
perfumeries, specialty stores, domestic and international wholesalers,
and distributors. The company was formerly known as Jean Philippe
Fragrances, Inc. and changed its name to Inter Parfums, Inc. in July
1999. Inter Parfums, Inc. was founded in 1985 and is headquartered in
New York, New York.

Last Trade:  69.10                           52-Week Range:  80.99 -  54.22
Employees: 313                               Avg.Volume:     108,409 Shares

Corporate Governance:
Pillar scores are Audit: 5; Board: 9; Shareholder Rights: 3; Compensation: 6.
         (A lower number means less governance risk.)

EPS:  1.80    Dividend Amount: $ 1.10          Yield:  1.59%
             Ex-Dividend Date: Jun 26, 2019    Payout Ratio:  53.89

Key Statistics:

    Trailing P/E:  37.80              Forward P/E (est.):  31.37
                                           Target Price:  74.80

Qrtly Stock Price Growth (yoy):  11.09%               Beta:   0.00
Qrtly S&P Index   Growth (yoy):   0.00%        Short Ratio:   2.10%
    Qrtly Revenue Growth (yoy):   3.62%         Shares Out:  31450000
   Qrtly Earnings Growth (yoy):   0.00%

          Book Value:   0.00                    Debt/Equity:   0.00%
    Price/Book Value:   4.72        Operating Profit Margin:   0.00%
         Price/Sales:   3.14                  Profit Margin:   0.00%
         Market Cap:   2,141,000,000       Return on Equity:   0.00%
    Enterprise Value:   2,160,000,000      Return on Assets:   0.00%

    Operating Cash Flow:         63,041
         Free Cash Flow:         -6,477



Annual Income Statement:                          (All numbers in thousands)
  Period Ending                             12/31/2018  12/31/2017  12/31/2016

  Total Revenue                                675,574     591,251     521,072
  Cost of Revenue                              296,912     254,565     232,401
  Gross Profit                                 378,662     336,686     288,671

Operating Expenses:
  Research & Development                             0           0           0
  Selling, General & Administrative            283,931     255,940     220,987
  Non-Recurring Expenses                             0           0           0
  Other Operating Expenses                           0           0           0
  Total Operating Expenses                     580,843     510,505     453,388

Operating Income or Loss                        94,731      80,746      67,684

Income from Continuing Operations:
  Total Other Income/Expenses Net                1,128      -2,681        -610
  Earnings Before Interest & Taxes              94,731      80,746      67,684
  Interest Expense                              -2,578      -1,992      -2,340
  Income Before Taxes                           95,859      78,065      67,074
  Income Tax Expense                            26,144      22,812      23,826
  Minority Interest                            138,139     137,339     113,267

Net Income from Continuing Op.s                 69,715      55,253      43,248

Non-recurring Events:
  Discontinued Operations                            0           0           0
  Extraordinary Items                                0           0           0
  Effect of Accounting Changes                       0           0           0
  Other Items                                        0           0           0
  Net Income                                    53,793      41,594      33,331
  Preferred Stock & Other Adjustments                0           0           0

Net Income Avail to Common Shares               53,793      41,594      33,331




Annual Cash Flow Statement:                   (All numbers in thousands)
  Period Ending                         12/31/2018    12/31/2017    12/31/2016

  Net Income                                69,715        55,253        43,248

Operating Activities:
  Depreciation                              11,031         9,791         9,683
  Adjustments to Net Income                 19,109        16,969        11,778
  Changes in Accounts Recv'bls             -23,032        -6,016       -13,156
  Changes in Liabilities                    25,592         5,696        18,690
  Changes in Investories                   -29,341       -28,518          -909
  Changes in other Oper'g Acts                 484           727          -297

Total Cash Flow f Operations                63,041        35,891        54,564

Investing Activities:
  Capital Exenditures                       -3,956        -3,023        -4,777
  Investments                               -1,171        35,107       -14,685
  Other Cash Flows fr Investing                  0             0             0

Total Cash Flows from Investing            -13,636        36,924       -20,427

Financing Activities:
  Dividends Paid                           -26,287       -21,192       -18,015
  Sale of Purchase of Stock                      0             0             0
  Net Borrowings                           -23,487       -22,362       -21,884
  Other Cash Flows fr Financing             -9,514        -6,039             0

Total Cash Flows from Financing            -55,882       -47,630       -44,636

  Effect of Exchange Rate Chg               -8,730        21,330        -4,640

Change in Cash & Cash Equiv.               -15,207        46,515       -15,139



Annual Balance Sheets:                              (All Numbers in Thousands)
  Period Ending                          12/31/2018    12/31/2017    12/31/2016
Current Assets:
  Cash & Cash Equivalents                   193,136       208,343       161,828
  Short Term Investments                     67,870        69,899        94,202
  Net Receivables                           139,342       126,622       112,878
  Inventory                                 160,978       137,058        96,977
  Other Current Assets                        8,076         7,356         6,240
  Total Current Assets                      569,402       549,278       472,125

  Long-Term Investments                           0             0             0
  Property, Plant & Equipt                    9,839        10,330        10,076
  Goodwill                                        0             0             0
  Intangible Assets                         204,325       200,495       183,868
  Accumulated Amortization                        0             0             0
  Other Assets                               15,601        17,669        16,340
  Deferred LT Asset Charges                   9,299         9,658         8,090

Total Assets                                799,167       777,772       682,409

Current Liabilities:
  Accounts Payable                           58,328        52,609        49,507
  Current Portion LT Debt                    23,155        24,372        21,498
  Other Current Liabilities                  13,026         8,283         8,624
  Total Current Liabilities                 186,977       167,107        142,238

  Long Term Debt                             22,906        36,207        53,064
  Other Liabilities                           3,538         3,821         3,449
  Deferred LT Liab. Charges                       0             0             0
  Minority Interest                         138,139       137,339       113,267
  Negative Goodwill                               0             0             0

Total Liabilities                           213,421       207,135       198,751

Stockholder Equity:
  Misc. Options, Warrants                         0             0             0
  Redeemable Preferred Stock                      0             0             0
  Preferred Stock                                 0             0             0
  Common Stock                                   31            31            31
  Retained Earnings                         448,731       422,570       402,714
  Treasury Stock                            -71,125       -55,307       -95,457
  Capital Surplus                            69,970        66,004        63,103
  Other Stockhohlder Equity                 -33,650       -17,832       -57,982
  Total Stockholder Equity                  447,607       433,298       370,391

Net Tangible Assets                         243,282       232,803       186,523
Inter Parfums, Inc. (IPAR)                  [Indices near +3.0, near zero,
                                            or < zero bear special attention.]
P/E Ratio Tests:
P/E Ratio < 28?            0.7407          P/E Ratio > 5?             1.0000
P/E Ratio Vs Growth Rate:  0.0000          Forward P/E Ratio < 28?    0.8926
Price/Sales Ratio < 2.3?   0.7325          Inventory/Sales < 5%?      0.2098
Sales < $1 Billion?        1.4802          Operating Margin < 7.5%?   0.0000

Balance Sheet Tests:
Debt/Equity < 0.40?        1.0000          Long-Term Debt Service:    3.0000
LTD Being Reduced?         3.0000          Short-Term Debt Service:  -3.0000
Current Ratio > 2?         1.5227          Working Capital >= 1.5?    0.4991
Leverage Ratio < 20%?      3.0000          Debt/Assets < 1?           3.0000
Quick Ratio > 1?           3.0000          Inventory Turnover > 1?    0.2771
Share Equity Increase:     2.2029          Market Cap.< 1.5 Billion?  0.7006
                                           Intangibles < 3% Assets?   0.1173
Income Tests:
Profit Margin < 7.5%?      0.0000          EPS Annual Growth > 10%?   0.0773
Dividend Yield > 2.0%?     1.2579          EPS 3-yr Growth > 15?      0.0929
Enterprise Value/Revenue   3.0000          EPS Growth Consistent?     2.0000
Enterprise Value/EBITDA:   3.0000          Collection < 45 days?      0.5977
EPS Qrtly Growth > 10%?    0.0000          Gross Pft/Cur. LTD > 1?    3.0000
                                           Borrowing Int. Rate < 6%? -0.5331
Stock Performance Tests:
Volatility > 25%?          1.3221          % Held by Insiders < 5%?   0.1123
Beta > 1.25?               0.0000          % Held by Institut. < 50?  0.8731
50 Da MA > 200 Da MA?     -0.1520          % Held by Institut. > 30?  1.9090
52-Wk Change vs. S&P 500:  3.0000          Short Ratio > 5?           0.4200
Price/Book Value < 3?      3.0000          Short % of Float > 20?     0.0810
Return on Assets > 17%?    0.0000          Average Volume > 100,000?  1.0841

Cash Flow Tests:
Oper. C.F. > Lever'd C.F: -3.0000          Positive Free Cash Flow?  -1.0000
Positive Oper. Cash Flow?  3.0000          Price to C.F.Ratio < 14?:  0.8668
                                           Cash Flow / Assets > 10%?  1.6587

IPAR   Inter Parfums, Inc.                 Overall Zenith Index:      1.0009


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Financial Statements

INTER PARFUMS INC  (IPAR)                   INCOME STATEMENT

Fiscal year ends in December.                        2014-12         2015-12         2016-12         2017-12         2018-12             TTM           

Revenue                                          499,260,992     468,540,000     521,072,000     591,251,008     675,574,016     698,924,992
Cost of revenue                                  212,224,000     179,068,992     194,600,992     214,964,992     248,012,000     255,830,000
Gross profit                                     287,036,992     289,471,008     326,471,008     376,286,016     427,561,984     443,095,008


Operating expenses
Sales, General and administrative                233,634,000     228,268,000     258,787,008     295,540,000     332,831,008     341,780,992
Total operating expenses                         233,634,000     228,268,000     258,787,008     295,540,000     332,831,008     341,780,992

Operating income                                  53,403,000      61,203,000      67,684,000      80,746,000      94,731,000     101,314,000
Interest Expense                                   1,478,000       2,826,000       2,340,000       1,992,000       2,578,000       2,378,000
Other income (expense)                             4,790,000       2,119,000       1,730,000        -689,000       3,706,000       1,565,000
Income before taxes                               56,715,000      60,496,000      67,074,000      78,065,000      95,859,000     100,501,000
Provision for income taxes                        19,370,000      21,527,000      23,826,000      22,812,000      26,144,000      26,330,000
Net income from continuing operations             37,345,000      38,969,000      43,248,000      55,253,000      69,715,000      74,171,000
Other                                             -7,909,000      -8,532,000      -9,917,000     -13,659,000     -15,922,000     -15,975,000
Net income                                        29,436,000      30,437,000      33,331,000      41,594,000      53,793,000      58,196,000
Net income available to common shareholders       29,436,000      30,437,000      33,331,000      41,594,000      53,793,000      58,196,000

Earnings per share
Basic                                                   0.95            0.98            1.07            1.33            1.72            1.85 
Diluted                                                 0.95            0.98            1.07            1.33            1.71            1.85 

Weighted average shares outstanding
Basic                                             30,931,308      30,996,136      31,072,328      31,172,284      31,307,992      31,386,492
Diluted                                           31,060,326      31,100,216      31,175,598      31,305,100      31,522,372      31,634,372

____________________________________________________________________________________________________________________________________________


INTER PARFUMS INC  (IPAR)                   BALANCE SHEET

Fiscal year ends in December.                        2014-12         2015-12         2016-12         2017-12         2018-12             

Assets

Current assets

Cash

Short-term investments                           190,152,000      82,847,000      94,202,000      69,899,000      67,870,000
Total cash                                       280,289,984     259,814,000     256,030,000     278,241,984     261,006,000

Receivables                                       90,124,000      95,082,000     104,819,000     120,749,000     136,420,000
Inventories                                      102,326,000      98,346,000      96,977,000     137,058,000     160,978,000
Deferred income taxes                              6,848,000       7,182,000       8,090,000               0               0
Other current assets                               6,975,000       8,333,000      14,299,000      13,229,000      10,998,000
Total current assets                             486,563,008     468,756,992     480,215,008     549,278,016     569,401,984

Non-current assets

Property, plant and equipment
Gross property, plant and equipment               27,587,000      29,388,000      32,960,000      38,713,000      38,104,000
Accumulated Depreciation                         -18,400,000     -20,055,000     -22,884,000     -28,383,000     -28,265,000
Net property, plant and equipment                  9,187,000       9,333,000      10,076,000      10,330,000       9,839,000

Intangible assets                                 98,531,000     201,335,008     183,868,000     200,495,008     204,324,992
Deferred income taxes                                      0               0               0       9,658,000       9,299,000
Other long-term assets                            10,225,000       8,234,000       8,250,000       8,011,000       6,302,000
Total non-current assets                         117,943,000     218,902,000     202,194,000     228,494,000     229,764,992

Total assets                                     604,505,984     687,659,008     682,409,024     777,772,032     799,166,976 

Liabilities and stockholders' equity

Liabilities

Current liabilities
Short-term debt                                      298,000      22,163,000      21,498,000      24,372,000      23,155,000
Accounts payable                                  46,646,000      50,636,000      49,507,000      52,609,000      58,328,000
Taxes payable                                      3,773,000       7,359,000       3,331,000       1,722,000       4,396,000
Accrued liabilities                               49,194,000      46,890,000      62,609,000      72,730,000      82,852,000
Other current liabilities                          3,717,000       4,035,000       5,293,000      15,674,000      18,246,000
Total current liabilities                        103,628,000     131,083,000     142,238,000     167,107,008     186,976,992

Non-current liabilities
Long-term debt                                             0      76,443,000      53,064,000      36,207,000      22,906,000
Deferred taxes liabilities                         2,154,000       3,746,000       3,449,000       3,821,000       3,538,000
Minority interest                                116,659,000     110,800,000     113,267,000     137,339,008     138,139,008
Total non-current liabilities                    118,813,000     190,988,992     169,780,000     177,367,008     164,583,008

Total liabilities                                222,440,992     322,072,000     312,017,984     344,473,984     351,560,000 

Stockholders' equity

Common stock                                          31,000          31,000          31,000          31,000          31,000
Additional paid-in capital                        60,200,000      62,030,000      63,103,000      66,004,000      69,970,000
Retained earnings                                374,120,992     388,433,984     402,713,984     422,569,984     448,731,008
Treasury stock                                   -36,464,000     -36,817,000     -37,475,000     -37,475,000     -37,475,000
Accumulated other comprehensive income           -15,823,000     -48,091,000     -57,982,000     -17,832,000     -33,650,000
Total stockholders' equity                       382,064,992     365,587,008     370,391,008     433,297,984     447,607,008
Total liabilities and stockholders' equity       604,505,984     687,659,008     682,409,024     777,772,032     799,166,976

____________________________________________________________________________________________________________________________________________


INTER PARFUMS INC  (IPAR)                   Statement of CASH FLOW

Fiscal year ends in December. USD.                   2014-12         2015-12         2016-12         2017-12         2018-12             TTM           

Cash Flows From Operating Activities
Net income                                        37,345,000      38,969,000      43,248,000      55,253,000      69,715,000      74,171,000
Depreciation & amortization                       10,166,000       9,078,000      15,341,000      11,914,000      11,031,000       9,635,000
Investments losses (gains)                                 0         903,000         682,000      -1,254,000        -302,000        -869,000
Deferred income taxes                               -557,000         829,000      -1,374,000        -591,000        -158,000         793,000
Stock based compensation                             856,000         787,000       1,198,000       2,093,000       2,205,000       3,028,000
Change in working capital                        -10,939,000        -664,000        -228,000     -32,463,000     -20,892,000     -19,496,000
Accounts receivable                              -19,607,000     -12,573,000     -13,156,000      -6,016,000     -23,032,000     -10,023,000
Inventory                                          4,344,000      -4,354,000        -909,000     -28,518,000     -29,341,000     -12,986,000
Accounts payable                                  -4,996,000      12,973,000      18,690,000       5,696,000      25,592,000       2,645,000
Other working capital                              9,320,000       3,290,000      -4,853,000      -3,625,000       5,889,000         868,000
Other non-cash items                                -258,000         182,000      -4,303,000         939,000       1,442,000       2,440,000
Net cash provided by operating activities         36,613,000      50,084,000      54,564,000      35,891,000      63,041,000      69,702,000

Cash Flows From Investing Activities
Investments in property, plant, and equipmen      -3,302,000      -4,158,000      -4,777,000      -3,023,000      -3,956,000      -4,809,000
Purchases of investments                        -245,810,000     -62,415,000     -57,289,000     -31,874,000     -10,030,000     -27,773,000
Sales/Maturities of investments                  212,762,000     151,771,008      42,604,000      66,981,000       8,859,000      37,112,000
Purchases of intangibles                            -922,000    -119,788,000        -965,000      -1,046,000      -8,509,000      -1,128,000
Sales of intangibles                                       0               0               0       5,886,000               0               0
Net cash used for investing activities           -37,272,000     -34,590,000     -20,427,000      36,924,000     -13,636,000       3,402,000

Cash Flows From Financing Activities
Debt issued                                                0     110,970,000               0               0               0               0
Debt repayment                                             0     -11,761,000     -21,884,000     -22,362,000     -23,487,000     -22,623,000
Common stock issued                                1,030,000       1,327,000       1,565,000               0               0               0
Common stock repurchased                             -90,000         -32,000         -77,000               0               0               0
Excess tax benefit from stock based compe            670,000         260,000               0               0               0               0
Dividend paid                                    -14,841,000     -15,806,000     -18,015,000     -21,192,000     -26,287,000     -30,436,000
Other financing activities                        -9,479,000      -3,183,000      -6,225,000      -4,076,000      -6,108,000     -11,992,000
Net cash provided by (used for) financing        -22,710,000      81,775,000     -44,636,000     -47,630,000     -55,882,000     -65,051,000

Effect of exchange rate changes                  -12,143,000     -10,440,000      -4,640,000      21,330,000      -8,730,000      -6,581,000
Net change in cash                               -35,512,000      86,829,000     -15,139,000      46,515,000     -15,207,000       1,472,000
Cash at beginning of period                      125,650,000      90,138,000     176,967,008     161,828,000     208,343,008     145,318,000
Cash at end of period                             90,138,000     176,967,008     161,828,000     208,343,008     193,136,000     146,790,000

Free Cash Flow
Operating cash flow                               36,613,000      50,084,000      54,564,000      35,891,000      63,041,000      69,702,000
Capital expenditure                               -4,224,000    -123,946,000      -5,742,000      -4,069,000     -12,465,000      -5,937,000
Free cash flow                                    32,389,000     -73,862,000      48,822,000      31,822,000      50,576,000      63,765,000
____________________________________________________________________________________________________________________________________________





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Average to Current P/E Ratios
              (IPAR)     VMware Inc.

                               2014    2015    2016    2017    2018

          Annual Earnings:     2.04    2.34    2.80    1.59    5.85
Average Price During Year:    31.02   29.13   29.48   37.34   53.51

                P/E Ratio:    15.20   12.45   10.53   23.48    9.15

 Average 5-Year P/E Ratio  =  14.16
             Current Price =  67

Previous 5 Quarter Earnings:   2.29    1.56    0.81    1.21    1.21

          Current Annualized (Last Four Quarters) Earnings =   3.23
                                                           ________
                                 Average PE / Current PE =     0.68
                                                           --------

                                      ...a number above 1.00 is good
                                                1.00 or below is bad


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Intrinsic Value by Discounted Cash Flow Method:

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Fair Value Estimate:

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Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 2



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Insider Activity

Insiders Chart Insider Trades
Insider Trades
Executive Compensation Executive Compensation



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Institutional Activity

Institutional Orders to Buy or Sell:

institutions 1
Ownership:

institutions 2


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Sentiment

sentiment

Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.

sentiment sentiment sentiment



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Short Interest Ratio

As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.

short interest short interest


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Standard & Poor's

S&P Stock Report (Requires Adobe Acrobat Reader)



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Management's Discussion of Results of Operations Excerpts

Click Here for Management's Discussion Excerpts



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Channeling Potential

 
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility.  Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.

Results for INTER PARFUMS INC.:
Symbol? IPAR
Total Months Available:  25
       Months in Cycle?   4

Months Covered by Periods:  12

Period 1           Period 2          Period 3
   H1      L1        H2      L2        H3      L3
  67.50   54.22     80.99   58.21     77.34   63.38

RANGE   =  80.99  TO   54.22            Close =  67.00
CHANNEL =  67.50  TO   63.38           Degree =   2
Volatility =   6.15%                    Index =   1
Channel Chart



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MACD Histogram Divergence

The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.



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Intraday Chart

2 Days:



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Val Idea

6 out of 11 favorable, (positive opinion.)

Val Idea
Val Idea


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Stock Consultant

Stock Consultant Stock Consultant


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Point & Figure Chart

P & F Chart


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Wall Street Analyzer



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Marketspace Chart

Marketspace Chart



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Time Series Forecast

Time Series 1 Time Series 2


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Neural Network Prediction

"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."

Neural Chart
Heading
Neural Trades Neural Prediction



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Ultimate Trading Systems

2 out of 3 of the ultimate systems favor a downmove.


System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.




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Recommendation

Decision Weighting Factors
FactorsWeighted Points
News + 2
Comparison - 1
Industry + 1
Bond Issue 0
Zenith Index - 1
Non-GAAP vs. GAAP Earnings + 1
Cash Flow + 1
Average to Current P/E - 1
Ratios + 1
Intrinsic Value DCF - 1
Fair Value Estimator - 1
Projected Earnings + 1
Research Reports - 1
Analysts + 1
Executive Perquisites + 1
Insider Activity - 1
Institutional Activity - 1
Management Reporting + 1
Short Interest - 1
Sentiment - 1
Standard & Poor's - 1
MACD Histogram Divergence + 1
Val Idea + 1
Stock Consultant + 1
Point & Figure - 1
Wall Street Analyzer + 1
Marketspace Chart + 1
Time Series Chart - 1
Neural Network + 1
Stock Options - 1
Ultimate Trading Systems - 1
Total + 1
Place 460 shares of Inter Parfums Inc. (IPAR) on the Active List.