International Flavors & Fragrances Inc. (NYSE: IFF) closed the day trading at $74.44 down -3.84% from the previous closing price of $77.41. In other words, the price has decreased by -$2.97 from its previous closing price. On the day, 3561627 shares were traded. IFF stock price reached its highest trading level at $77.75 during the session, while it also had its lowest trading level at $74.01.
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Ratios:
For a better understanding of IFF, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.63.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on January 22, 2024, Upgraded its rating to Overweight and sets its target price to $90 from $81 previously.
On January 12, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $73 to $112.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
Valuation Measures:
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 19.76B and an Enterprise Value of 28.36B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 2.47 whereas that against EBITDA is -29.24.
Stock Price History:
Over the past 52 weeks, IFF has reached a high of $97.49, while it has fallen to a 52-week low of $62.11. The 50-Day Moving Average of the stock is 80.30, while the 200-Day Moving Average is calculated to be 75.45.
Shares Statistics:
Over the past 3-months, IFF traded about 1.96M shares per day on average, while over the past 10 days, IFF traded about 3.24M shares per day. A total of 254.97M shares are outstanding, with a floating share count of 229.63M. Insiders hold about 10.05% of the company’s shares, while institutions hold 84.31% stake in the company. Shares short for IFF as of Jan 31, 2024 were 4.44M with a Short Ratio of 2.26, compared to 3.97M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.74% and a Short% of Float of 1.99%.
Dividends & Splits
IFF’s forward annual dividend rate is 3.24, up from 3.24 a year ago. Against a Trailing Annual Dividend Yield of 4.19%, it implies a Forward Annual Dividend Yield of 2.15%. The stock’s 5-year Average Dividend Yield is 2.76.
Earnings Estimates
Current recommendations for the stock of the company come from 13 analysts. On average, analysts expect EPS of $0.86 for the current quarter, with a high estimate of $0.98 and a low estimate of $0.78, while EPS last year was $0.87. The consensus estimate for the next quarter is $0.93, with high estimates of $1.02 and low estimates of $0.85.
Analysts are recommending an EPS of between $4.23 and $3.3 for the fiscal current year, implying an average EPS of $3.73. EPS for the following year is $4.31, with 16 analysts recommending between $5.05 and $3.85.
Revenue Estimates
13 analysts predict $2.78B in revenue for the current quarter. It ranges from a high estimate of $2.85B to a low estimate of $2.69B. As of the current estimate, International Flavors & Fragrances Inc.’s year-ago sales were $2.99B, an estimated decrease of -7.00% from the year-ago figure.
A total of 17 analysts have provided revenue estimates for IFF’s current fiscal year. The highest revenue estimate was $11.19B, while the lowest revenue estimate was $10.76B, resulting in an average revenue estimate of $11.03B. In the same quarter a year ago, actual revenue was $11.48B, down -3.90% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $11.44B in the next fiscal year. The high estimate is $11.63B and the low estimate is $10.86B. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.
