International Flavors & Fragrances (NYSE:IFF) Posts Earnings Results, Beats Expectations By $0.14 EPS

International Flavors & Fragrances (NYSE:IFF - Get Free Report) released its earnings results on Tuesday. The specialty chemicals company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.14, Zacks reports. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.67 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. International Flavors & Fragrances updated its FY 2025 guidance to EPS.

International Flavors & Fragrances Stock Down 0.3 %

IFF traded down $0.22 during trading hours on Friday, reaching $79.92. 1,571,210 shares of the stock traded hands, compared to its average volume of 1,501,512. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.84 and a quick ratio of 1.93. The firm's fifty day simple moving average is $84.71 and its two-hundred day simple moving average is $93.45. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 85.02, a PEG ratio of 1.48 and a beta of 1.19. International Flavors & Fragrances has a fifty-two week low of $72.94 and a fifty-two week high of $106.77.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on IFF. Bank of America cut their price objective on shares of International Flavors & Fragrances from $105.00 to $101.00 and set a "buy" rating on the stock in a report on Thursday. Barclays cut their price target on shares of International Flavors & Fragrances from $90.00 to $88.00 and set an "equal weight" rating on the stock in a research note on Friday, January 17th. Oppenheimer lowered their price objective on shares of International Flavors & Fragrances from $114.00 to $104.00 and set an "outperform" rating for the company in a research note on Thursday. Cfra lowered International Flavors & Fragrances from a "buy" rating to a "sell" rating and set a $77.00 target price on the stock. in a research report on Thursday. Finally, Stifel Nicolaus reduced their target price on International Flavors & Fragrances from $113.00 to $105.00 and set a "buy" rating on the stock in a report on Monday, February 3rd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $103.50.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.