International Flavors & Fragrances (NYSE:IFF) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

IFF has been the topic of several other research reports. Stifel Nicolaus reduced their price target on shares of International Flavors & Fragrances from $146.00 to $135.00 and set a “hold” rating on the stock in a research report on Monday, June 11th. Zacks Investment Research lowered shares of International Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Tuesday, July 10th. JPMorgan Chase & Co. lowered shares of International Flavors & Fragrances from a “neutral” rating to an “underweight” rating in a research report on Monday, May 14th. Sanford C. Bernstein set a $155.00 target price on shares of International Flavors & Fragrances and gave the company a “buy” rating in a research report on Thursday, May 10th. Finally, Argus lowered shares of International Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Friday, June 8th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. International Flavors & Fragrances presently has an average rating of “Hold” and an average target price of $146.67.

NYSE IFF opened at $127.06 on Thursday. The company has a current ratio of 2.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.98. The company has a market cap of $10.10 billion, a P/E ratio of 21.57, a PEG ratio of 2.26 and a beta of 1.03. International Flavors & Fragrances has a 1 year low of $122.11 and a 1 year high of $157.40.

International Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings results on Tuesday, August 7th. The specialty chemicals company reported $1.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.61 by $0.05. The business had revenue of $920.02 million for the quarter, compared to analyst estimates of $899.62 million. International Flavors & Fragrances had a net margin of 8.35% and a return on equity of 28.32%. During the same quarter last year, the business posted $1.50 EPS. equities analysts expect that International Flavors & Fragrances will post 6.29 EPS for the current year.

In other International Flavors & Fragrances news, Director Dale F. Morrison purchased 4,010 shares of the company’s stock in a transaction dated Tuesday, June 12th. The stock was purchased at an average price of $124.60 per share, with a total value of $499,646.00. Following the completion of the purchase, the director now owns 4,010 shares of the company’s stock, valued at $499,646. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Winder Investment Pte Ltd purchased 96,278 shares of the company’s stock in a transaction dated Monday, June 11th. The shares were acquired at an average cost of $125.55 per share, with a total value of $12,087,702.90. Following the purchase, the insider now directly owns 13,599,600 shares of the company’s stock, valued at approximately $1,707,429,780. The disclosure for this purchase can be found here. Insiders acquired 1,265,688 shares of company stock worth $164,728,773 in the last 90 days. Company insiders own 0.48% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Rampart Investment Management Company LLC raised its stake in shares of International Flavors & Fragrances by 732.8% during the first quarter. Rampart Investment Management Company LLC now owns 8,070 shares of the specialty chemicals company’s stock valued at $1,105,000 after acquiring an additional 7,101 shares during the last quarter. Winder Investment Pte Ltd raised its stake in shares of International Flavors & Fragrances by 32.4% during the second quarter. Winder Investment Pte Ltd now owns 14,000,000 shares of the specialty chemicals company’s stock valued at $1,735,440,000 after acquiring an additional 3,425,403 shares during the last quarter. Alpine Woods Capital Investors LLC raised its stake in shares of International Flavors & Fragrances by 16.9% during the second quarter. Alpine Woods Capital Investors LLC now owns 24,850 shares of the specialty chemicals company’s stock valued at $3,080,000 after acquiring an additional 3,600 shares during the last quarter. Richard Bernstein Advisors LLC raised its stake in shares of International Flavors & Fragrances by 8.1% during the second quarter. Richard Bernstein Advisors LLC now owns 41,284 shares of the specialty chemicals company’s stock valued at $5,118,000 after acquiring an additional 3,089 shares during the last quarter. Finally, Creative Planning raised its stake in shares of International Flavors & Fragrances by 7.6% during the second quarter. Creative Planning now owns 6,499 shares of the specialty chemicals company’s stock valued at $806,000 after acquiring an additional 457 shares during the last quarter. 85.27% of the stock is owned by hedge funds and other institutional investors.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through two segments, Flavors and Fragrances. The Flavors segment offers flavor compounds primarily to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food, and sweet products.

Further Reading: Find a Trading Strategy That Works

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for International Flavors & Fragrances (NYSE:IFF)

Receive News & Ratings for International Flavors & Fragrances Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Flavors & Fragrances and related companies with MarketBeat.com's FREE daily email newsletter.