Currently, International Flavors & Fragrances Inc. [IFF] is trading at $113.22, up 3.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IFF shares have gain 1.67% over the last week, with a monthly amount drifted -11.31%, and not seem to be holding up well over a long-time horizon.
On 6, September 2022, IFF to Webcast Fireside Chat at Barclays Global Consumer Staples Conference on Sept. 8. In a post published today on Yahoo Finance, IFF (NYSE: IFF) today announced that Chief Executive Officer Frank Clyburn will participate in a fireside chat at the Barclays Global Consumer Staples Conference on Thursday, Sept. 8, 2022 at 1:30 p.m. ET.
From an analyst’s perspective:
International Flavors & Fragrances Inc. [NYSE: IFF] stock has seen the most recent analyst activity on June 27, 2022, when Credit Suisse initiated its Outperform rating and assigned the stock a price target of $145. Previously, Jefferies downgraded its rating to Hold on June 16, 2022, and dropped its price target to $101. On March 24, 2022, downgrade downgraded it’s rating to Hold and revised its price target to $144 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $160 on January 26, 2022. Jefferies initiated its recommendation with a Buy and recommended $180 as its price target on January 13, 2022. Mizuho started tracking with a Neutral rating for this stock on October 13, 2021, and assigned it a price target of $154. In a note dated July 20, 2021, Redburn initiated an Buy rating.
This stock has fluctuated between a low of $105.38 and a high of $155.00 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $141.79 within the next 12 months. International Flavors & Fragrances Inc. [NYSE: IFF] shares were valued at $113.22 at the most recent close of the market. An investor can expect a potential return of 25.23% based on the average price forecast.
Analyzing the IFF fundamentals
Recent quarter sales for International Flavors & Fragrances Inc. [NYSE:IFF] were 3.31 billion which represents 7.10% growth. Gross Margin for this corporation currently stands at +25.75% with Operating Margin at +7.65%, Pretax Margin comes in at +3.04%, and Net Margin reading is +2.30%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 110.80 points at the first support level, and at 108.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 114.60, and for the 2nd resistance point, it is at 115.97.
International Flavors & Fragrances Inc. [IFF] reported earnings per share of $1.67 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.33/share, meaning a difference of $0.34 and a surprise factor of 25.60%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $1.01 per share as compared to estimates of $0.96 per share, a difference of $0.05 representing a surprise of 5.20%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for International Flavors & Fragrances Inc. [NYSE:IFF] is 1.60. In addition, the Quick Ratio stands at 1.23 and the Cash Ratio stands at 0.20. Considering the valuation of this stock, the price to sales ratio is 3.14, the price to book ratio is 1.82 and the P/E (TTM) ratio is 45.47.
Transactions by insiders
In the past 3 months, 0 insiders have purchased 0 shares, and 0 have sold 0 shares. Recent insider trading involved Fortanet Francisco, EVP, Operations, that happened on Aug 11 when 10000.0 shares were sold. President, Scent, Fauchon de Villeplee Christoph completed a deal on Jun 01 to sell 629.0 shares. Meanwhile, President, Scent Fauchon de Villeplee Christoph sold 630.0 shares on May 02.