International Flavors & Fragrances Inc. (NYSE:IFF) Given Average Rating of "Moderate Buy" by Brokerages - MarketBeat
π IFF received an average 'Moderate Buy' rating from 18 analysts, with 13 buys and 5 holds.
π Major firms including JPMorgan, BNP Paribas Exane, Oppenheimer, Jefferies, and Citigroup raised price targets on May 7th.
π° The company beat earnings expectations with $1.25 EPS versus $1.08 consensus and revenue of $2.74 billion versus $2.64 billion.
π IFF reported a net margin of 7.78% and a return on equity of 7.65% for the quarter.
πΈ A quarterly dividend of $0.40 per share was announced, yielding approximately 2.1% annually.
π Director Paul J. Fribourg acquired 260,000 shares in early June, increasing his position by 10.73%.
π¦ Institutional ownership stands at 96.02%, indicating strong confidence from major investors.
π Revenue declined 3.6% year-over-year to $2.74 billion during the reported quarter.
π The stock trades at a price-to-earnings ratio of 23.52 with a market cap of $19.63 billion.
π Analysts forecast 4.56 EPS for the current fiscal year, suggesting continued growth expectations.
- IFF beat quarterly earnings estimates significantly, reporting $1.25 EPS compared to the expected $1.08.
- Revenue of $2.74 billion exceeded analyst expectations of $2.64 billion for the quarter.
- Multiple major brokerages including JPMorgan and BNP Paribas Exane raised their price targets on May 7th.
- The company maintains a healthy dividend yield of approximately 2.1% with a payout ratio of 48.93%.
- Director Paul J. Fribourg increased his stake by over 10%, signaling insider confidence in the stock.
- Institutional ownership is robust at 96.02%, reflecting strong interest from hedge funds and wealth managers.
- The stock is trading above both its 50-day and 200-day moving averages, indicating positive momentum.
- Revenue declined by 3.6% on a year-over-year basis during the reported quarter.
- Some hedge funds have reduced their stakes in the company during recent quarters.
- The stock has not been included in MarketBeat's top five stocks to own list for July.