The price of International Flavors & Fragrances Inc. (NYSE: IFF) closed at $78.26 in the last session, down -2.58% from day before closing price of $80.33. On the day, 2646238 shares were traded. IFF stock price reached its highest trading level at $80.08 during the session, while it also had its lowest trading level at $78.04.
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We take a closer look at IFF’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 11 when Fauchon de Villeplee Christoph sold 1,972 shares for $86.35 per share. The transaction valued at 170,282 led to the insider holds 9,093 shares of the business.
Fortanet Francisco sold 10,000 shares of IFF for $1,250,000 on Aug 11. The EVP, Operations now owns 17,237 shares after completing the transaction at $125.00 per share. On Jun 01, another insider, Fauchon de Villeplee Christoph, who serves as the President, Scent of the company, sold 629 shares for $132.59 each. As a result, the insider received 83,399 and left with 8,180 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IFF now has a Market Capitalization of 22.13B and an Enterprise Value of 33.27B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 2.72 whereas that against EBITDA is -90.15.
Stock Price History:
Over the past 52 weeks, IFF has reached a high of $135.17, while it has fallen to a 52-week low of $80.30. The 50-Day Moving Average of the stock is 89.76, while the 200-Day Moving Average is calculated to be 99.42.
According to the various share statistics, IFF traded on average about 1.83M shares per day over the past 3-months and 2.1M shares per day over the past 10 days. A total of 255.00M shares are outstanding, with a floating share count of 254.38M. Insiders hold about 0.22% of the company’s shares, while institutions hold 93.30% stake in the company. Shares short for IFF as of May 14, 2023 were 3.46M with a Short Ratio of 3.46M, compared to 3.86M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.35% and a Short% of Float of 1.55%.
Dividends & Splits
The forward annual dividend rate for IFF is 3.24, which was 3.22 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 4.01%, it implies a Forward Annual Dividend Yield of 4.03%. The stock’s 5-year Average Dividend Yield is 2.43.
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.14 for the current quarter, with a high estimate of $1.37 and a low estimate of $1.04, while EPS last year was $1.54. The consensus estimate for the next quarter is $1.41, with high estimates of $1.63 and low estimates of $1.24.
Analysts are recommending an EPS of between $5.38 and $4.18 for the fiscal current year, implying an average EPS of $4.67. EPS for the following year is $5.61, with 15 analysts recommending between $6.47 and $4.94.
According to 10 analysts, the current quarter’s revenue is expected to be $3.08B. It ranges from a high estimate of $3.14B to a low estimate of $3.05B. As of the current estimate, International Flavors & Fragrances Inc.’s year-ago sales were $3.31B, an estimated decrease of -7.00% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $3.15B, an increase of 2.80% over than the figure of -$7.00% in the same quarter last year. There is a high estimate of $3.27B for the next quarter, whereas the lowest estimate is $3B.
A total of 16 analysts have provided revenue estimates for IFF’s current fiscal year. The highest revenue estimate was $12.44B, while the lowest revenue estimate was $11.87B, resulting in an average revenue estimate of $12.25B. In the same quarter a year ago, actual revenue was $12.44B, down -1.50% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $12.74B in the next fiscal year. The high estimate is $13.19B and the low estimate is $12.24B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.