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Wednesday, February 1, 2023

Analyst Expects International Flavors & Fragrances Inc. (NYSE: IFF) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for International Flavors & Fragrances Inc. (IFF) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $107.29. The International Flavors & Fragrances Inc. has recorded 129,183 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed IFF Announces the Sale of Its Savory Solutions Group to PAI Partners.


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Stocks Info

As a NYSE listed company, IFF falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $107.29 and fluctuated between $108.03 as its day high and $105.91 as its day low. The current market capitalization of International Flavors & Fragrances Inc. is $27.43B. A total of 1.2 million shares were traded on the day, compared to an average of 1.76M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, IFF has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 1,041 and the disposition of 376 shares. Over the last 12 months, there were 20 BUYs and 15 SELLs from insiders. Insiders purchased 35,976 shares during that period but sold 17,778.

In the most recent transaction, Fortanet Francisco sold 10,000 shares of IFF for 125.00 per share on Aug 11. After the transaction, the EVP, Operations now owns 17,237 company shares. In a previous transaction on Jun 01, Fauchon de Villeplee Christoph sold 629 shares at 132.59 per share. IFF shares that President, Scent owns now total 8,180.

Among the insiders who sold shares, Fauchon de Villeplee Christoph disposed of 630 shares on May 02 at a per-share price of $121.68. This resulted in the President, Scent holding 8,809 shares of IFF after the transaction.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. IFF’s most recent ex-dividend date was 12/27/2022 when it declared a $0.81 quarterly dividend that was paid in cash on 1/6/2023. Previously, the company paid the dividend on 10/5/2022 with an ex-dividend date of 9/22/2022. The IFF stock dividend was $0.81 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for IFF in the last 3 months, the mean price target is $120.13 with high estimates of $155.00 and low estimates of $89.00. In terms of 52-week highs and lows, IFF has a high of $150.69 and a low of $83.14.

As of this writing, IFF has an earnings estimate of $1.19 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.38 per share and a lower estimate of $0.82. The company reported an EPS of $1.67 in the last quarter, which was 25.60% higher than expectations of $1.33.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 21 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IFF is Sell with a score of 4.07. A total of 9 analysts rated the stock as Buy while 3 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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