International Flavors & Fragrances Inc.

(New York Stock Exchange)
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Bullish +55

International Flavors & Fragrances Inc. (NYSE:IFF) Receives Average ...

AI-generated analysis

πŸ“Š Analysts assign a consensus 'Moderate Buy' rating with an average 12-month price target of $91.16.

πŸš€ Jefferies raised its target to $105, Barclays to $90, and Oppenheimer to $90 in late May reports.

πŸ’° IFF beat Q1 earnings expectations with $1.25 EPS compared to the consensus of $1.08.

πŸ“ˆ Revenue reached $2.74 billion for the quarter, exceeding analyst forecasts of $2.64 billion.

πŸ“‰ Quarterly revenue declined 3.6% year-over-year despite strong earnings performance.

πŸ’΅ The company paid a quarterly dividend of $0.40 per share with an annualized yield of 2.1%.

🏦 Institutional ownership stands at 96.02%, with multiple funds increasing holdings in Q4.

🌍 IFF operates global R&D centers across North America, Europe, Asia-Pacific, and Latin America.

πŸ“‰ Analysts forecast full-year EPS of $4.55 for the current fiscal year.

Bullish Signals
  • IFF reported earnings per share of $1.25, surpassing analyst consensus estimates of $1.08 by $0.17.
  • Revenue of $2.74 billion exceeded expectations of $2.64 billion for the quarter.
  • Multiple major brokerages including Jefferies, Barclays, and Oppenheimer raised their price targets in May.
  • Benchmark initiated coverage with a 'buy' rating and a $100 price target on June 9th.
  • The company maintains a healthy dividend yield of 2.1% with a payout ratio of 48.93%.
  • Institutional investors increased stakes, with Geneos Wealth Management growing its position by 55.7% in Q1.
Risk Factors
  • Quarterly revenue decreased by 3.6% on a year-over-year basis.
  • Rothschild & Co Redburn lowered its price objective from $74.00 to $71.00 in late May.
Full Analysis
International Flavors & Fragrances Inc. (NYSE:IFF) has received a consensus 'Moderate Buy' rating from eighteen analysts, with thirteen issuing buy recommendations and five holding the stock. The average 12-month price target stands at $91.16. Recent brokerages including Jefferies, Barclays, and Oppenheimer have raised their price targets to between $90 and $105, citing positive outlooks, while Benchmark initiated coverage with a buy rating and $100 target. Financially, IFF reported strong quarterly earnings on May 5th, beating consensus estimates with $1.25 EPS against an expectation of $1.08 and revenue of $2.74 billion versus $2.64 billion expected. The company achieved a net margin of 7.78% and a return on equity of 7.65%. However, quarterly revenue declined 3.6% year-over-year. Analysts forecast full-year EPS of $4.55. Institutional ownership remains high at 96.02%, with several funds increasing stakes in the fourth quarter, including DNB Asset Management and State of Michigan Retirement System. The company recently paid a quarterly dividend of $0.40 per share on June 18th, resulting in an annualized yield of 2.1% and a payout ratio of 48.93%. IFF operates as a global leader in flavors, fragrances, and cosmetic actives across food, beverage, and pharmaceutical sectors.