Internationa Flavors & Fragrances (IFF) Receiving Somewhat Favorable Media Coverage, Analysis Finds

News headlines about Internationa Flavors & Fragrances (NYSE:IFF) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Internationa Flavors & Fragrances earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 46.1029505342965 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of brokerages have commented on IFF. Zacks Investment Research cut Internationa Flavors & Fragrances from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. KeyCorp increased their target price on Internationa Flavors & Fragrances from $148.00 to $156.00 and gave the company an “overweight” rating in a report on Monday, October 16th. Berenberg Bank reiterated a “buy” rating and set a $160.00 target price on shares of Internationa Flavors & Fragrances in a report on Friday, November 10th. UBS reiterated a “buy” rating and set a $166.00 target price (up previously from $151.00) on shares of Internationa Flavors & Fragrances in a report on Tuesday, November 7th. Finally, Deutsche Bank reiterated a “hold” rating and set a $139.00 target price (up previously from $135.00) on shares of Internationa Flavors & Fragrances in a report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $143.70.

Internationa Flavors & Fragrances (NYSE IFF) traded down $0.74 during mid-day trading on Friday, hitting $154.70. The stock had a trading volume of 280,919 shares, compared to its average volume of 272,277. Internationa Flavors & Fragrances has a 1-year low of $113.16 and a 1-year high of $156.64. The company has a quick ratio of 1.77, a current ratio of 2.66 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $12,220.00, a PE ratio of 27.09, a price-to-earnings-growth ratio of 3.07 and a beta of 1.19.

Internationa Flavors & Fragrances (NYSE:IFF) last posted its quarterly earnings data on Monday, November 6th. The specialty chemicals company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.05. Internationa Flavors & Fragrances had a return on equity of 27.13% and a net margin of 12.57%. The business had revenue of $872.90 million for the quarter, compared to analysts’ expectations of $847.63 million. During the same quarter last year, the firm earned $1.34 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. sell-side analysts forecast that Internationa Flavors & Fragrances will post 5.79 EPS for the current year.

In other news, major shareholder Winder Investment Pte Ltd bought 27,700 shares of Internationa Flavors & Fragrances stock in a transaction that occurred on Tuesday, September 5th. The shares were purchased at an average price of $139.00 per share, for a total transaction of $3,850,300.00. Following the completion of the acquisition, the insider now owns 10,415,821 shares of the company’s stock, valued at $1,447,799,119. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Anne Chwat sold 3,000 shares of Internationa Flavors & Fragrances stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $149.61, for a total value of $448,830.00. Following the completion of the transaction, the executive vice president now owns 39,157 shares in the company, valued at approximately $5,858,278.77. The disclosure for this sale can be found here. Insiders have bought 32,072 shares of company stock worth $4,456,176 in the last 90 days. Insiders own 0.48% of the company’s stock.

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About Internationa Flavors & Fragrances

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

Insider Buying and Selling by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

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