Zacks Research Issues Optimistic Outlook for IFF Earnings

International Flavors & Fragrances Inc. (NYSE:IFF) – Equities researchers at Zacks Research upped their Q4 2027 earnings estimates for shares of International Flavors & Fragrances in a research note issued on Tuesday, December 30th. Zacks Research analyst Team now expects that the specialty chemicals company will post earnings of $1.10 per share for the quarter, up from their previous estimate of $1.09. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $4.32 per share.

International Flavors & Fragrances (NYSE:IFF) last announced its quarterly earnings results on Tuesday, November 4th. The specialty chemicals company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.03. International Flavors & Fragrances had a positive return on equity of 8.03% and a negative net margin of 3.72%.The company had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the company posted $1.04 earnings per share. International Flavors & Fragrances’s revenue for the quarter was down 7.9% on a year-over-year basis.

Several other research firms have also commented on IFF. UBS Group raised their price target on shares of International Flavors & Fragrances from $66.00 to $68.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Mizuho lowered their target price on shares of International Flavors & Fragrances from $85.00 to $75.00 and set an “outperform” rating on the stock in a research note on Friday, October 3rd. Wolfe Research upgraded International Flavors & Fragrances from an “underperform” rating to a “peer perform” rating in a research note on Monday, September 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of International Flavors & Fragrances in a research report on Monday. Finally, Morgan Stanley cut their price objective on International Flavors & Fragrances from $92.00 to $90.00 and set an “overweight” rating for the company in a research report on Monday, September 22nd. Twelve equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, International Flavors & Fragrances currently has an average rating of “Moderate Buy” and a consensus target price of $85.02.

International Flavors & Fragrances Price Performance

Shares of NYSE IFF opened at $67.40 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 0.87. The stock has a market capitalization of $17.26 billion, a price-to-earnings ratio of -41.60, a PEG ratio of 2.74 and a beta of 1.04. The firm’s 50 day simple moving average is $65.74 and its 200-day simple moving average is $67.41. International Flavors & Fragrances has a 12 month low of $59.14 and a 12 month high of $88.09.

International Flavors & Fragrances Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Friday, December 19th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, December 19th. This represents a $1.60 annualized dividend and a yield of 2.4%. International Flavors & Fragrances’s dividend payout ratio is -98.77%.

Institutional Investors Weigh In On International Flavors & Fragrances

Several hedge funds and other institutional investors have recently bought and sold shares of IFF. Banque Transatlantique SA purchased a new position in shares of International Flavors & Fragrances during the first quarter worth about $32,000. True Wealth Design LLC lifted its position in International Flavors & Fragrances by 896.4% in the third quarter. True Wealth Design LLC now owns 548 shares of the specialty chemicals company’s stock valued at $34,000 after purchasing an additional 493 shares during the period. American National Bank & Trust boosted its holdings in International Flavors & Fragrances by 11,975.0% in the 2nd quarter. American National Bank & Trust now owns 483 shares of the specialty chemicals company’s stock valued at $36,000 after purchasing an additional 479 shares in the last quarter. Elkhorn Partners Limited Partnership raised its stake in shares of International Flavors & Fragrances by 200.0% during the 2nd quarter. Elkhorn Partners Limited Partnership now owns 600 shares of the specialty chemicals company’s stock worth $44,000 after buying an additional 400 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of International Flavors & Fragrances by 55.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock worth $46,000 after buying an additional 210 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.

IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.