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

International Flavors & Fragrances (NYSE:IFF) announced its quarterly earnings results on Tuesday. The specialty chemicals company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.83 by $0.14, Zacks reports. International Flavors & Fragrances had a positive return on equity of 7.16% and a negative net margin of 20.33%. International Flavors & Fragrances updated its FY 2025 guidance to EPS.

International Flavors & Fragrances Stock Up 0.9 %

NYSE IFF traded up $0.75 during trading hours on Tuesday, hitting $86.33. The company had a trading volume of 2,387,447 shares, compared to its average volume of 1,394,866. International Flavors & Fragrances has a fifty-two week low of $72.94 and a fifty-two week high of $106.77. The company has a market capitalization of $22.07 billion, a price-to-earnings ratio of -9.50, a P/E/G ratio of 1.54 and a beta of 1.19. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.62 and a quick ratio of 1.93. The firm’s 50 day moving average is $85.13 and its 200 day moving average is $93.73.

Analyst Ratings Changes

A number of research firms recently issued reports on IFF. Morgan Stanley raised International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and reduced their target price for the company from $111.00 to $110.00 in a research note on Tuesday, November 12th. JPMorgan Chase & Co. reduced their target price on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. 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 note on Friday, November 8th. Oppenheimer reduced their target price on International Flavors & Fragrances from $117.00 to $114.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. Finally, Citigroup reduced their target price on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $107.77.

About International Flavors & Fragrances

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.