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

International Flavors & Fragrances (NYSE:IFF) posted its quarterly earnings results on Tuesday. The specialty chemicals company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.14, Zacks reports. International Flavors & Fragrances had a return on equity of 7.64% and a net margin of 2.12%. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.67 billion. International Flavors & Fragrances updated its FY 2025 guidance to EPS.

International Flavors & Fragrances Stock Performance

Shares of IFF opened at $80.56 on Thursday. International Flavors & Fragrances has a 12 month low of $72.94 and a 12 month high of $106.77. The stock has a fifty day moving average price of $85.02 and a 200-day moving average price of $93.64. 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 firm has a market cap of $20.60 billion, a PE ratio of 85.92, a P/E/G ratio of 1.56 and a beta of 1.19.

Wall Street Analyst Weigh In

Several analysts have issued reports on IFF shares. Bank of America raised International Flavors & Fragrances from a “neutral” rating to a “buy” rating and set a $107.00 price target for the company in a report on Friday, November 8th. Morgan Stanley upgraded International Flavors & Fragrances from an “equal weight” rating to an “overweight” rating and decreased their target price for the stock from $111.00 to $110.00 in a research report on Tuesday, November 12th. UBS Group boosted their target price on International Flavors & Fragrances from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 6th. Wells Fargo & Company decreased their price objective on International Flavors & Fragrances from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, JPMorgan Chase & Co. cut their target price on International Flavors & Fragrances from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.86.

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.