Zacks Research Analysts Increase Earnings Estimates for IFF

International Flavors & Fragrances Inc. (NYSE:IFF) – Analysts at Zacks Research upped their FY2025 earnings estimates for shares of International Flavors & Fragrances in a research note issued on Thursday, January 2nd. Zacks Research analyst R. Department now forecasts that the specialty chemicals company will post earnings of $4.09 per share for the year, up from their previous forecast of $4.08. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.16 per share. Zacks Research also issued estimates for International Flavors & Fragrances’ FY2026 earnings at $4.47 EPS.

A number of other analysts have also recently commented on IFF. Argus upgraded shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research note on Tuesday. Oppenheimer boosted their price objective on shares of International Flavors & Fragrances from $116.00 to $117.00 and gave the company an “outperform” rating in a report on Wednesday, September 11th. Stifel Nicolaus raised their target price on International Flavors & Fragrances from $115.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Bank of America upgraded International Flavors & Fragrances from a “neutral” rating to a “buy” rating and set a $107.00 price target on the stock in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. decreased their target price on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $110.21.

International Flavors & Fragrances Price Performance

Shares of NYSE IFF opened at $82.44 on Monday. International Flavors & Fragrances has a fifty-two week low of $72.94 and a fifty-two week high of $106.77. The company has a market cap of $21.08 billion, a PE ratio of -9.07, a P/E/G ratio of 1.54 and a beta of 1.18. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.93 and a current ratio of 2.62. The business has a 50-day simple moving average of $88.85 and a two-hundred day simple moving average of $96.22.

International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings results on Tuesday, November 5th. The specialty chemicals company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.46). The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.83 billion. International Flavors & Fragrances had a positive return on equity of 7.16% and a negative net margin of 20.33%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 earnings per share.

Hedge Funds Weigh In On International Flavors & Fragrances

A number of hedge funds have recently made changes to their positions in IFF. Northwest Investment Counselors LLC acquired a new position in International Flavors & Fragrances during the third quarter worth about $27,000. Point72 Hong Kong Ltd acquired a new position in shares of International Flavors & Fragrances during the 3rd quarter worth approximately $42,000. Oakworth Capital Inc. acquired a new stake in shares of International Flavors & Fragrances in the third quarter valued at approximately $44,000. Eastern Bank purchased a new position in International Flavors & Fragrances during the third quarter worth approximately $46,000. Finally, Headlands Technologies LLC acquired a new position in International Flavors & Fragrances during the second quarter worth $48,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Activity

In related news, insider Yuvraj Arora sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $91.75, for a total value of $458,750.00. Following the transaction, the insider now directly owns 3,238 shares of the company’s stock, valued at approximately $297,086.50. This trade represents a 60.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.20% of the company’s stock.

International Flavors & Fragrances Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, December 20th. International Flavors & Fragrances’s payout ratio is currently -17.60%.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.