Investors are poised to add International Flavors & Fragrances Inc. (IFF) Stock to their long term portfolios

At the time of writing, International Flavors & Fragrances Inc. [IFF] stock is trading at $82.85, up 1.53%. 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 5.21% over the last week, with a monthly amount glided 4.37%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

International Flavors & Fragrances Inc. [NYSE: IFF] stock has seen the most recent analyst activity on March 08, 2024, when Argus downgraded its rating to a Hold. On January 22, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $90 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $112 on January 12, 2024. Argus upgraded its rating to a Buy. UBS downgraded its rating to Neutral for this stock on November 13, 2023, and downed its price target to $78. In a note dated October 12, 2023, Redburn Atlantic initiated an Neutral rating and provided a target price of $60 on this stock.

For the past year, the stock price of International Flavors & Fragrances Inc. fluctuated between $62.11 and $97.49. Currently, Wall Street analysts expect the stock to reach $127.14 within the next 12 months. International Flavors & Fragrances Inc. [NYSE: IFF] shares were valued at $82.85 at the most recent close of the market. An investor can expect a potential return of 53.46% based on the average IFF price forecast.

Analyzing the IFF fundamentals

According to International Flavors & Fragrances Inc. [NYSE:IFF], the company’s sales were 11.48B for trailing twelve months, which represents an -4.96% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.15 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.

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 81.32 points at the first support level, and at 79.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.85, and for the 2nd resistance point, it is at 84.85.

Ratios To Look Out For

It is important to note that International Flavors & Fragrances Inc. [NYSE:IFF] has a current ratio of 1.67. In addition, the Quick Ratio stands at 1.02 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 1.84, the price to book ratio is 1.45.

Transactions by insiders

Recent insider trading involved Fauchon de Villeplee Christoph, President, Scent, that happened on May 11 ’23 when 1972.0 shares were sold.

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