International Flavors & Fragrances Inc.

(New York Stock Exchange)
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Somewhat Bullish +50

International Flavors & Fragrances Inc. (NYSE:IFF) Receives $91.16 ...

AI-generated analysis

πŸ“ˆ IFF shares have an average broker recommendation of 'Moderate Buy' with a 12-month price objective of $91.16.

πŸ“Š Analysts show divergent views, with Citigroup lowering its target to $88.00 while Jefferies raised its target to $105.00.

πŸ’° The company reported Q1 earnings of $1.25 EPS, beating the consensus estimate of $1.08.

πŸ“‰ Revenue for the quarter was $2.74 billion, representing a 3.6% decline compared to the prior year.

🏦 Institutional ownership stands at 96.02%, with several funds like Empowered Funds LLC increasing their stakes significantly.

πŸ’΅ IFF pays a quarterly dividend of $0.40 per share, resulting in an annualized yield of 2.0%.

πŸ“ˆ Analysts expect full-year earnings to reach $4.55 per share for the current fiscal year.

🌍 The company operates global innovation centers across North America, Europe, Asia-Pacific, and Latin America.

Bullish Signals
  • IFF reported Q1 earnings of $1.25 EPS, which beat the consensus estimate of $1.08 by $0.17.
  • Revenue for the quarter reached $2.74 billion, exceeding analyst expectations of $2.64 billion.
  • Multiple major brokerages have raised or initiated buy ratings, including Jefferies Financial Group raising its target to $105.00 and Morgan Stanley lifting its target to $95.00.
  • Several institutional investors increased their holdings in the first quarter, with Empowered Funds LLC growing its position by 71.5% and Geneos Wealth Management Inc. increasing by 55.7%.
  • The company maintains a healthy dividend yield of 2.0% with an annualized payout of $1.60 per share.
Risk Factors
  • Citigroup decreased its price objective on IFF shares from $96.00 to $88.00 in a recent research note.
  • The company's revenue declined by 3.6% year-over-year during the reported quarter.
  • The stock trades at a P/E ratio of 23.94, which may be considered elevated depending on sector comparisons.
Full Analysis
International Flavors & Fragrances Inc. (NYSE:IFF) recently received an average broker recommendation of 'Moderate Buy' with a 12-month price objective of $91.16, according to MarketBeat.com. While five analysts hold the stock, thirteen have assigned buy or overweight ratings. Notable recent analyst actions include Citigroup lowering its target to $88.00, JPMorgan Chase raising it to $92.00, Benchmark initiating coverage with a $100.00 target, Jefferies Financial Group increasing its target to $105.00, and Morgan Stanley lifting its target to $95.00. Institutional investor activity shows mixed signals for the specialty chemicals company during the first quarter. Several funds increased their stakes, with Empowered Funds LLC growing its position by 71.5% and Geneos Wealth Management Inc. increasing holdings by 55.7%. However, hedge fund ownership remains high at 96.02%, indicating significant institutional interest despite recent price fluctuations. Financially, IFF reported strong quarterly earnings of $1.25 per share, beating the consensus estimate of $1.08, with revenue reaching $2.74 billion against expectations of $2.64 billion. The company maintains a market cap of $19.99 billion and a dividend yield of 2.0%. Analysts project full-year earnings of $4.55 per share, though year-over-year revenue declined by 3.6%.