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

International Flavors & Fragrances (NYSE:IFF) released its earnings results on Tuesday. The specialty chemicals company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Performance

IFF stock traded up $0.75 during trading 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. The firm has a market cap of $22.07 billion, a PE ratio of -9.50, a price-to-earnings-growth ratio of 1.54 and a beta of 1.19. International Flavors & Fragrances has a 1-year low of $72.94 and a 1-year high of $106.77. The firm has a 50-day moving average price of $85.13 and a 200-day moving average price of $93.73. The company has a quick ratio of 1.93, a current ratio of 2.62 and a debt-to-equity ratio of 0.58.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on IFF. Vertical Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 target price for the company in a report on Thursday, November 7th. JPMorgan Chase & Co. decreased their price target on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. Morgan Stanley raised International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and decreased their price target for the stock from $111.00 to $110.00 in a report on Tuesday, November 12th. Oppenheimer decreased their price target on International Flavors & Fragrances from $117.00 to $114.00 and set an “outperform” rating for the company in a report on Tuesday, January 28th. Finally, Barclays cut their target price on International Flavors & Fragrances from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. One research analyst has 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 currently has a consensus rating of “Moderate Buy” and a consensus target price 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.