Zacks Research Issues Optimistic Estimate for IFF Earnings

International Flavors & Fragrances Inc. (NYSE:IFF) – Zacks Research increased their Q1 2027 earnings per share estimates for shares of International Flavors & Fragrances in a report issued on Friday, October 16th. Zacks Research analyst Team now forecasts that the specialty chemicals company will post earnings of $0.99 per share for the quarter, up from their previous forecast of $0.98. Zacks Research has a “Hold” rating on the stock. The consensus estimate for International Flavors & Fragrances’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for International Flavors & Fragrances’ Q2 2027 earnings at $0.90 EPS, FY2027 earnings at $3.99 EPS, Q1 2028 earnings at $1.19 EPS, Q2 2028 earnings at $1.21 EPS, Q3 2028 earnings at $1.20 EPS and FY2028 earnings at $4.71 EPS.

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

IFF has been the subject of a number of other research reports. KeyCorp started coverage on shares of International Flavors & Fragrances in a research report on Thursday, September 10th. They set a “sector weight” rating for the company. Weiss Ratings raised shares of International Flavors & Fragrances from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Argus boosted their price target on shares of International Flavors & Fragrances from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Morgan Stanley boosted their price target on shares of International Flavors & Fragrances from $93.00 to $95.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Finally, Vertical Research cut shares of International Flavors & Fragrances from a “buy” rating to a “hold” rating and set a $93.00 price target for the company. in a report on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $93.22.

International Flavors & Fragrances Stock Performance

NYSE:IFF opened at $91.23 on Monday. The firm’s fifty day moving average price is $85.41 and its 200 day moving average price is $79.50. International Flavors & Fragrances has a 1-year low of $61.29 and a 1-year high of $92.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.06 and a quick ratio of 1.72. The firm has a market cap of $23.28 billion, a price-to-earnings ratio of 83.70, a price-to-earnings-growth ratio of 3.53 and a beta of 0.91.

Institutional Trading of International Flavors & Fragrances

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Root Financial Partners LLC grew its holdings in International Flavors & Fragrances by 97.9% in the first quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock valued at $40,000 after purchasing an additional 274 shares during the period. Parkside Financial Bank & Trust raised its stake in International Flavors & Fragrances by 27.9% during the second quarter. Parkside Financial Bank & Trust now owns 706 shares of the specialty chemicals company’s stock worth $56,000 after purchasing an additional 154 shares during the period. Westpac Banking Corp purchased a new position in International Flavors & Fragrances during the second quarter worth approximately $91,000. Mather Group LLC. raised its stake in International Flavors & Fragrances by 24.0% during the third quarter. Mather Group LLC. now owns 1,393 shares of the specialty chemicals company’s stock worth $116,000 after purchasing an additional 270 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of International Flavors & Fragrances in the 2nd quarter valued at $148,000. Institutional investors and hedge funds own 96.02% of the company’s stock.

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 on Monday, August 17th. The shares were sold at an average price of $83.19, for a total transaction of $475,680.42. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Marc Birenkrant sold 1,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was 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 in the company, valued at approximately $292,910. This trade represents a 22.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 15,543 shares of company stock worth $1,315,659. 1.07% of the stock is owned by corporate insiders.

International Flavors & Fragrances announced that its Board of Directors has initiated a stock buyback plan on Tuesday, August 4th that authorizes the company to repurchase $2.50 billion in shares. This buyback authorization authorizes the specialty chemicals company to repurchase up to 12.1% of its stock through open market purchases. Share buyback plans are typically a sign that the company’s board believes its stock is undervalued.

International Flavors & Fragrances Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 18th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Friday, September 18th. International Flavors & Fragrances’s dividend payout ratio is currently 146.79%.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances Inc (NYSE:IFF) develops and manufactures ingredients, flavor systems, fragrances and specialty solutions used in consumer and industrial products. Its offerings support food and beverage manufacturers, fragrance and personal care companies, household-product makers, pharmaceutical businesses and other customers.

The company’s portfolio includes flavors for beverages, dairy products, sweet goods, savory foods and other applications; fragrances for fine fragrance, personal care and home care products; and functional ingredients, enzymes, cultures, natural extracts and other specialty materials.