International Flavors & Fragrances (NYSE:IFF) Posts Quarterly Earnings Results, Beats Expectations 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 for the quarter, beating the consensus estimate of $0.83 by $0.14, Zacks reports. International Flavors & Fragrances had a negative net margin of 20.33% and a positive return on equity of 7.16%. International Flavors & Fragrances updated its FY 2025 guidance to EPS.

International Flavors & Fragrances Price Performance

Shares of International Flavors & Fragrances stock traded up $0.75 during midday trading on Tuesday, reaching $86.33. The company had a trading volume of 2,387,447 shares, compared to its average volume of 1,394,866. The company has a current ratio of 2.62, a quick ratio of 1.93 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $22.07 billion, a price-to-earnings ratio of -9.50, a price-to-earnings-growth ratio of 1.54 and a beta of 1.19. The stock has a fifty day simple moving average of $85.13 and a 200 day simple moving average of $93.73. International Flavors & Fragrances has a 1-year low of $72.94 and a 1-year high of $106.77.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on IFF shares. Vertical Research raised shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 price target for the company in a research report on Thursday, November 7th. Argus raised shares of International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price target on shares of International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating for the company in a research report on Thursday, November 7th. Stifel Nicolaus dropped their price target on shares of International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. Finally, UBS Group increased their price target on shares of International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, International Flavors & Fragrances currently has an average 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.