International Flavors & Fragrances (IFF) to Release Quarterly Earnings on Tuesday

International Flavors & Fragrances (NYSE:IFF) is expected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.83 per share and revenue of $2.67 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

International Flavors & Fragrances Stock Performance

Shares of IFF stock opened at $84.20 on Tuesday. The firm’s 50 day moving average is $85.57 and its 200 day moving average is $94.28. The company has a current ratio of 2.62, a quick ratio of 1.93 and a debt-to-equity ratio of 0.58. International Flavors & Fragrances has a 12 month low of $72.94 and a 12 month high of $106.77. The stock has a market capitalization of $21.53 billion, a P/E ratio of -9.26, a PEG ratio of 1.54 and a beta of 1.19.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. UBS Group lifted their price target on International Flavors & Fragrances from $108.00 to $111.00 and gave the company a “neutral” rating in a research report on Wednesday, November 6th. Citigroup reduced their price objective 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. Stifel Nicolaus reduced their price target on International Flavors & Fragrances from $113.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd. Oppenheimer lowered their price objective on shares of International Flavors & Fragrances from $117.00 to $114.00 and set an “outperform” rating for the company in a research note on Tuesday, January 28th. Finally, Argus upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating in a report on Tuesday, January 7th. 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $107.77.

International Flavors & Fragrances Company Profile

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.