International Flavors & Fragrances Inc. (NYSE:IFF) finished Wednesday with an addition of $0.1 to close at $67.20, an upside of 0.15 percent. An average of 1,677,120 shares of common stock have been traded in the last five days. There was a fall of -$2.80 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 1,894,155 shares traded, while the 50-day average volume stands at 2,377,346.
IFF stock has increased by 1.19% in the last month. The company shares reached their 1-month lowest point of $66.00 on 08/28/23. With the stock rallying to its 52-week high on 01/18/23, shares of the company touched a low of $62.11 and a high of $118.34 in 52 weeks. It has reached a new high 8 times so far this year and lost -35.90% or -$37.64 in price. In spite of this, the price is down -43.21% from the 52-week high.
Insider Transactions
IFF stock investors should be aware that International Flavors & Fragrances Inc. (IFF) stock had its last reported insider trading activity 140 days ago on May 11.
Valuation Metrics
International Flavors & Fragrances Inc. (IFF) stock’s beta is 1.12. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.45, the price-to-book (PB) ratio at 0.97, and the price-to-cash flow ratio at 54.98.
Financial Health
The quick ratio of International Flavors & Fragrances Inc. for the three months ended June 29 was 0.93, and the current ratio was 1.64, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.56 and a total debt to equity ratio of 0.64 for the quarter ending June 29. International Flavors & Fragrances Inc.’s EBITDA margin for the year ending June 29 is 18.70%, while its operating margin for the same period stands at 7.02%. Its gross profit as reported stood at $4.15 billion compared to revenue of $12.44 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, International Flavors & Fragrances Inc.’s return on assets was -5.90%.
Earnings Surprise
For the three-month period that ended June 29, International Flavors & Fragrances Inc. had $9.21 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $27.0 million in the quarter, while revenues were shrunk -296.3%. The analyst consensus anticipated International Flavors & Fragrances Inc.’s latest quarter earnings to come in at $1.1 per share, but it turned out to be $0.86, a -21.80% surprise. For the quarter, EBITDA amounted to $432.0 million. Shareholders own equity worth $255.25 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at International Flavors & Fragrances Inc. (IFF) price momentum. RSI 9-day as of the close on 27 September was 42.02%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.44%.
As of today, IFF’s price is $67.76 -4.00% or -$2.80 from its 5-day moving average. IFF is currently trading -2.52% lower than its 20-day SMA and -29.32% lower than its 100-day SMA. However, the stock’s current price level is -18.36% below the SMA50 and -37.60% below the SMA200.
The stochastic %K and %D were 11.24% and 15.13%, respectively, and the average true range (ATR) was 1.70. With the 14-day stochastic at 9.06% and the average true range at 1.79, the RSI (14) stands at 42.86%. The stock has reached -0.64 on the 9-day MACD Oscillator while the 14-day reading was at -0.73.
Analyst Ratings
Morgan Stanley downgraded International Flavors & Fragrances Inc. (NYSE: IFF) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for International Flavors & Fragrances Inc. (IFF) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell IFF, while 12 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 5 others rate it as a “buy”.
What is IFF’s price target for the next 12 months?
Analysts predict a range of price targets between $60.00 and $105.00, with a median target of $78.00. Taking a look at these predictions, the average price target given by analysts for International Flavors & Fragrances Inc. (IFF) stock is $77.74.
