Research Analysts Set Expectations for IFF FY2027 Earnings

International Flavors & Fragrances Inc. (NYSE:IFF) – Stock analysts at KeyCorp issued their FY2027 earnings estimates for International Flavors & Fragrances in a research note issued to investors on Thursday, September 10th. KeyCorp analyst S. Tiano expects that the specialty chemicals company will earn $4.05 per share for the year. KeyCorp currently has a “Hold” rating on the stock. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $3.08 per share. KeyCorp also issued estimates for International Flavors & Fragrances’ FY2028 earnings at $4.45 EPS.

A number of other brokerages also recently issued reports on IFF. UBS Group increased their price objective on International Flavors & Fragrances from $84.00 to $91.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Barclays upped their target price on International Flavors & Fragrances from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings cut International Flavors & Fragrances from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Wall Street Zen lowered International Flavors & Fragrances from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Benchmark raised their target price on shares of International Flavors & Fragrances from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, International Flavors & Fragrances has an average rating of “Moderate Buy” and a consensus price target of $91.40.

International Flavors & Fragrances Stock Performance

NYSE IFF opened at $84.03 on Friday. The company’s 50 day simple moving average is $82.05 and its two-hundred day simple moving average is $77.11. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.06 and a quick ratio of 1.72. International Flavors & Fragrances has a 1 year low of $59.14 and a 1 year high of $89.32. The stock has a market capitalization of $21.44 billion, a PE ratio of 77.09, a P/E/G ratio of 3.28 and a beta of 0.94.

International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Tuesday, August 4th. The specialty chemicals company reported $0.82 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.25). The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.62 billion. International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.11%. International Flavors & Fragrances’s revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.15 EPS.

International Flavors & Fragrances declared that its board has approved a share buyback plan on Tuesday, August 4th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the specialty chemicals company to buy up to 12.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

International Flavors & Fragrances Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 18th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, September 18th. This represents a $1.60 annualized dividend and a yield of 1.9%. International Flavors & Fragrances’s dividend payout ratio is presently 146.79%.

Insiders Place Their Bets

In other International Flavors & Fragrances news, insider De Mendonca Ana Paula Teles sold 5,718 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $83.19, for a total value of $475,680.42. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Marc Birenkrant sold 1,000 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the chief accounting officer directly owned 3,446 shares of the company’s stock, valued at approximately $292,910. This trade represents a 22.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,543 shares of company stock valued at $1,315,659 in the last quarter. Insiders own 1.07% of the company’s stock.

Institutional Investors Weigh In On International Flavors & Fragrances

Several institutional investors and hedge funds have recently bought and sold shares of the business. Studio Investment Management LLC increased its position in shares of International Flavors & Fragrances by 3.7% during the second quarter. Studio Investment Management LLC now owns 3,916 shares of the specialty chemicals company’s stock valued at $312,000 after buying an additional 138 shares during the period. DNB Asset Management AS boosted its position in International Flavors & Fragrances by 0.3% during the 4th quarter. DNB Asset Management AS now owns 53,741 shares of the specialty chemicals company’s stock valued at $3,622,000 after acquiring an additional 139 shares in the last quarter. MML Investors Services LLC boosted its position in International Flavors & Fragrances by 0.8% during the 4th quarter. MML Investors Services LLC now owns 17,249 shares of the specialty chemicals company’s stock valued at $1,162,000 after acquiring an additional 140 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of International Flavors & Fragrances by 27.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company’s stock worth $56,000 after acquiring an additional 154 shares during the period. Finally, Waverly Advisors LLC raised its position in shares of International Flavors & Fragrances by 4.2% in the 2nd quarter. Waverly Advisors LLC now owns 3,850 shares of the specialty chemicals company’s stock worth $305,000 after acquiring an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 96.02% of the company’s stock.

About International Flavors & Fragrances

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and related solutions used in consumer and industrial products. Its offerings help customers create or enhance the taste, aroma, texture, appearance and performance of products across the food, beverage, personal care, home care, health and pharmaceutical markets.

IFF’s business includes natural and synthetic flavor compounds, fragrance ingredients and compositions, cosmetic and personal-care ingredients, specialty food ingredients, enzymes, cultures, probiotics and other bioscience-based solutions.