International Flavors & Fragrances Inc. (NYSE:IFF) Receives Average Recommendation of "Moderate Buy" from Analysts

International Flavors & Fragrances Inc. (NYSE:IFF - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the sixteen brokerages that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $110.21.

A number of analysts recently issued reports on IFF shares. UBS Group raised their price objective on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a "neutral" rating in a research report on Wednesday, November 6th. Stifel Nicolaus upped their price objective on shares of International Flavors & Fragrances from $115.00 to $121.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Bank of America raised International Flavors & Fragrances from a "neutral" rating to a "buy" rating and set a $107.00 target price on the stock in a research report on Friday, November 8th. Citigroup reduced their target price on shares of International Flavors & Fragrances from $110.00 to $105.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, Barclays upped their target price on shares of International Flavors & Fragrances from $93.00 to $99.00 and gave the stock an "equal weight" rating in a research note on Friday, October 11th.

Insider Activity at International Flavors & Fragrances

In other International Flavors & Fragrances news, insider Yuvraj Arora sold 5,000 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $91.75, for a total transaction of $458,750.00. Following the transaction, the insider now owns 3,238 shares of the company's stock, valued at approximately $297,086.50. This trade represents a 60.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.09% of the stock is owned by insiders.

Institutional Investors Weigh In On International Flavors & Fragrances

Several large investors have recently modified their holdings of the stock. State Street Corp lifted its holdings in shares of International Flavors & Fragrances by 1.9% during the 3rd quarter. State Street Corp now owns 10,467,517 shares of the specialty chemicals company's stock valued at $1,102,363,000 after buying an additional 196,696 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of International Flavors & Fragrances by 1.3% during the third quarter. Geode Capital Management LLC now owns 6,008,830 shares of the specialty chemicals company's stock valued at $628,341,000 after purchasing an additional 77,521 shares during the last quarter. First Pacific Advisors LP raised its holdings in International Flavors & Fragrances by 2.0% during the 2nd quarter. First Pacific Advisors LP now owns 4,011,307 shares of the specialty chemicals company's stock worth $381,917,000 after purchasing an additional 80,558 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of International Flavors & Fragrances by 7.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,756,438 shares of the specialty chemicals company's stock worth $167,244,000 after purchasing an additional 123,693 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in International Flavors & Fragrances by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,498,815 shares of the specialty chemicals company's stock worth $157,271,000 after purchasing an additional 16,590 shares during the period. 96.02% of the stock is owned by institutional investors.

International Flavors & Fragrances Price Performance

IFF traded up $0.58 during trading on Thursday, reaching $85.94. The company's stock had a trading volume of 1,624,663 shares, compared to its average volume of 1,654,767. The company has a quick ratio of 1.93, a current ratio of 2.62 and a debt-to-equity ratio of 0.58. The firm has a fifty day simple moving average of $93.94 and a two-hundred day simple moving average of $97.33. The company has a market cap of $21.97 billion, a price-to-earnings ratio of -9.45, a PEG ratio of 1.55 and a beta of 1.17. International Flavors & Fragrances has a 1 year low of $72.94 and a 1 year high of $106.77.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last issued its earnings results on Tuesday, November 5th. The specialty chemicals company reported $0.62 EPS for the quarter, missing analysts' consensus estimates of $1.08 by ($0.46). The firm had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $2.83 billion. International Flavors & Fragrances had a positive return on equity of 7.16% and a negative net margin of 20.33%. International Flavors & Fragrances's revenue for the quarter was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $0.89 earnings per share. As a group, analysts anticipate that International Flavors & Fragrances will post 4.16 EPS for the current year.

International Flavors & Fragrances Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 20th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Friday, December 20th. International Flavors & Fragrances's dividend payout ratio (DPR) is currently -17.60%.

About International Flavors & Fragrances

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.