Internationa Flavors & Fragrances (IFF) Earns Daily Coverage Optimism Score of 0.21
Media headlines about Internationa Flavors & Fragrances (NYSE:IFF) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Internationa Flavors & Fragrances earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 45.9470019058637 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Internationa Flavors & Fragrances (IFF) traded down $0.54 during trading on Thursday, reaching $153.26. The company had a trading volume of 203,469 shares, compared to its average volume of 457,117. Internationa Flavors & Fragrances has a fifty-two week low of $113.16 and a fifty-two week high of $156.64. The company has a current ratio of 2.66, a quick ratio of 1.77 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $12,150.00, a P/E ratio of 27.14, a price-to-earnings-growth ratio of 3.08 and a beta of 1.19.
Internationa Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings data on Monday, November 6th. The specialty chemicals company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.42 by $0.05. Internationa Flavors & Fragrances had a return on equity of 27.13% and a net margin of 12.57%. The business had revenue of $872.90 million for the quarter, compared to the consensus estimate of $847.63 million. During the same quarter in the prior year, the business earned $1.34 earnings per share. Internationa Flavors & Fragrances’s revenue for the quarter was up 12.3% on a year-over-year basis. equities analysts anticipate that Internationa Flavors & Fragrances will post 5.79 earnings per share for the current year.
A number of brokerages have recently weighed in on IFF. Zacks Investment Research downgraded Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Barclays restated a “sell” rating and issued a $123.00 target price on shares of Internationa Flavors & Fragrances in a research note on Friday, August 11th. Deutsche Bank restated a “hold” rating and issued a $139.00 target price (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a research note on Thursday, August 10th. KeyCorp boosted their target price on Internationa Flavors & Fragrances from $148.00 to $156.00 and gave the stock an “overweight” rating in a research note on Monday, October 16th. Finally, Berenberg Bank restated a “buy” rating and issued a $160.00 target price on shares of Internationa Flavors & Fragrances in a research note on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $143.70.
In other Internationa Flavors & Fragrances news, insider Nicolas Mirzayantz sold 1,232 shares of the stock in a transaction on Friday, September 15th. The stock was sold at an average price of $143.56, for a total transaction of $176,865.92. Following the sale, the insider now owns 43,809 shares in the company, valued at $6,289,220.04. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Anne Chwat sold 3,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $149.61, for a total value of $448,830.00. Following the sale, the executive vice president now owns 39,157 shares in the company, valued at approximately $5,858,278.77. The disclosure for this sale can be found here. 0.48% of the stock is currently owned by corporate insiders.
About Internationa Flavors & Fragrances
International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.
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