As of Friday close, International Flavors & Fragrances Inc.’s (NYSE:IFF) stock was down -$0.95, moving down -1.13 percent to $82.76. The average number of shares traded per day over the past five days has been 2,593,640 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.88 fall in that time frame. In the last twenty days, the average volume was 2,061,060, while in the previous 50 days, it was 2,261,848.
Since last month, IFF stock retreated -14.55%. Shares of the company fell to $81.53 on 03/15/23, the lowest level in the past month. A 52-week high of $135.17 was reached on 01/18/23 after having rallying from a 52-week low of $81.53. Since the beginning of this year, IFF’s stock price has dropped by -21.06% or -$22.08, and marked a new high 8 times. However, the stock has declined by -38.77% since its 52-week high.
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Sponsored
IFF stock investors should be aware that International Flavors & Fragrances Inc. (IFF) stock had its last reported insider trading activity 219 days ago on Aug 11. Fortanet Francisco, the EVP, Operations of the company, disposed of 10,000 shares for $125.00 on Aug 11. It resulted in a $1,250,000 divestment by the insider. Fauchon de Villeplee Christoph sold 629 shares at an average price of $132.59 on Jun 01. The insider now owns 8,180 shares following the transaction. On May 02, President, Scent Fauchon de Villeplee Christoph sold 630 shares at $121.68 apiece. The transaction was valued at $76,658.
Valuation Metrics
The stock’s beta is 1.11. Besides these, the trailing price-to-sales (P/S) ratio of 1.73, the price-to-book (PB) ratio of 1.19.
The latest dividend of $0.81 per share was paid out, remained unchanged from last year’s $0.81.
Financial Health
In the three months ended December 30, International Flavors & Fragrances Inc.’s quick ratio stood at 1.10, while its current ratio was 2.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.59, and the total debt-to-equity ratio was 0.62. On the profitability front, the trailing twelve-month gross margin is 33.40% percent. In the year ended December 30, operating margins totaled -10.70%. Based on annual data, IFF earned $4.15 billion in gross profit and brought in $12.44 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -5.50%. Return on equity (ROE) for the past 12 months was -9.90%.
In International Flavors & Fragrances Inc.’s quarter-end financial report for December 30, it reported total debt of $10.26 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. IFF’s revenue fell -0.26% to $3.31 billion during the quarter, while net income inched up to $3.06 billion. While analysts expected International Flavors & Fragrances Inc. to report $0.96 quarterly earnings, the actual figure was $0.83 per share, beating the consensus estimate by -13.50%. The liabilities of International Flavors & Fragrances Inc. were 17.66 billion at the end of its most recent quarter ended December 30, and its total debt was $11.64 billion.
Technical Picture
This quick technical analysis looks at International Flavors & Fragrances Inc.’s (IFF) price momentum. With a historical volatility rate of 17.69%, the RSI 9-day stood at 23.86% on 17 March.
With respect to its five-day moving average, the current International Flavors & Fragrances Inc. price is down by -2.22% percent or -$1.88. At present, IFF shares trade -13.84% below its 20-day simple moving average and -12.02% percent below its 100-day simple moving average. However, the stock is currently trading approximately -23.48% below its SMA50 and -37.38% below its SMA200.
Stochastic coefficient K was 11.16% and Stochastic coefficient D was 9.74%, while ATR was 2.51. Given the Stochastic reading of 9.59% for the 14-day period, the RSI (14) reading has been calculated as 26.56%. As of today, the MACD Oscillator reading stands at -1.91, while the 14-day reading stands at -4.67.
Analyst Ratings
BofA Securities upgraded its rating on International Flavors & Fragrances Inc. (NYSE: IFF) to a Neutral in a note to investors on February 10, 2023. The analysts firm previously had an Underperform rating on the stock.International Flavors & Fragrances Inc. (IFF) has been rated Overweight by analysts. According to 1 brokerage firm, IFF is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate International Flavors & Fragrances Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $110.00, the current consensus forecast for the stock is $82.00 – $145.00. Based on these forecasts, analysts predict International Flavors & Fragrances Inc. (IFF) will achieve an average price target of $115.22.