At the last check on Friday, International Flavors & Fragrances Inc.’s (NYSE:IFF) stock was down -$0.26, moving down -0.41 percent to $62.56. The average number of shares traded per day over the past five days has been 2,090,381 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.66 fall in that time frame. In the last twenty days, the average volume was 2,963,730, while in the previous 50 days, it was 2,560,200.
Since last month, IFF stock retreated -25.01%. Shares of the company fell to $62.11 on 08/18/23, the lowest level in the past month. A 52-week high of $123.73 was reached on 01/18/23 after having rallying from a 52-week low of $62.28. Since the beginning of this year, IFF’s stock price has dropped by -40.33% or -$42.23, and marked a new high 8 times. However, the stock has declined by -49.44% since its 52-week high.
IFF stock investors should be aware that International Flavors & Fragrances Inc. (IFF) stock had its last reported insider trading activity 99 days ago on May 11. Fauchon de Villeplee Christoph, the President, Scent of the company, disposed of 1,972 shares for $86.35 on May 11. It resulted in a $170,282 divestment by the insider.
Valuation Metrics
The stock’s beta is 1.17. Besides these, the trailing price-to-sales (P/S) ratio of 1.32, the price-to-book (PB) ratio of 0.91, and the price-to-cash flow ratio of 59.27 may also be considered.
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 June 29, International Flavors & Fragrances Inc.’s quick ratio stood at 0.90, while its current ratio was 1.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.52, and the total debt-to-equity ratio was 0.60. On the profitability front, the trailing twelve-month gross margin is 31.80% percent. In the year ended June 29, EBITDA margin amounted to 18.70%, whereas operating margins totaled -13.50%. 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 -12.60%.
In International Flavors & Fragrances Inc.’s quarter-end financial report for June 29, it reported total debt of $9.21 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 -12.91% to $3.03 billion during the quarter, while net income inched up to $2.93 billion. While analysts expected International Flavors & Fragrances Inc. to report $1.1 quarterly earnings, the actual figure was $0.86 per share, beating the consensus estimate by -21.80%. During the quarter, the company generated $432.0 million in EBITDA. The liabilities of International Flavors & Fragrances Inc. were 16.8 billion at the end of its most recent quarter ended June 29, and its total debt was $11.34 billion. The value of shareholders’ equity is $255.25 million.
Technical Picture
This quick technical analysis looks at International Flavors & Fragrances Inc.’s (IFF) price momentum. With a historical volatility rate of 104.19%, the RSI 9-day stood at 17.42% on 17 August.
With respect to its five-day moving average, the current International Flavors & Fragrances Inc. price is down by -2.58% percent or -$1.66. At present, IFF shares trade -25.46% below its 20-day simple moving average and -30.14% percent below its 100-day simple moving average. However, the stock is currently trading approximately -22.89% below its SMA50 and -35.86% below its SMA200.
Stochastic coefficient K was 2.91% and Stochastic coefficient D was 5.31%, while ATR was 2.25. Given the Stochastic reading of 2.21% for the 14-day period, the RSI (14) reading has been calculated as 22.51%. As of today, the MACD Oscillator reading stands at -0.90, while the 14-day reading stands at -7.22.
Analyst Ratings
International Flavors & Fragrances Inc. downgraded its rating on International Flavors & Fragrances Inc. (NYSE: IFF) to a Neutral in a note to investors on August 09, 2023. The analysts firm previously had a Buy 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 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate International Flavors & Fragrances Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $80.00, the current consensus forecast for the stock is $60.00 – $112.90. Based on these forecasts, analysts predict International Flavors & Fragrances Inc. (IFF) will achieve an average price target of $82.76.
