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International Flavors & Fragrances Inc (IFF) Analysis & Forecast for 2024

International Flavors & Fragrances Inc (NYSE: IFF) is 6.39% higher on its value in year-to-date trading and has touched a low of $72.89 and a high of $106.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IFF stock was last observed hovering at around $89.37 in the last trading session, with the day’s loss setting it -3.23%.

Currently trading at $86.14, the stock is -10.91% and -14.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.6 million and changing -3.61% at the moment leaves the stock -7.69% off its SMA200. IFF registered 16.41% gain for a year compared to 6-month gain of -13.59%. The firm has a 50-day simple moving average (SMA 50) of $100.7502 and a 200-day simple moving average (SMA200) of $93.31655.

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The stock witnessed a -17.48% loss in the last 1 month and extending the period to 3 months gives it a -12.91%, and is -6.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.24% over the week and 2.29% over the month.

International Flavors & Fragrances Inc (IFF) has around 21500 employees, a market worth around $21.23B and $11.42B in sales. Fwd P/E is 18.74. Profit margin for the company is -20.30%. Distance from 52-week low is 18.18% and -19.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.65%).

with sales reaching $2.69B over the same period.The EPS is expected to grow by 25.54% this year, but quarterly earnings will post -0.63% year-over-year. Quarterly sales are estimated to shrink -0.47% in year-over-year returns.

International Flavors & Fragrances Inc (IFF) Top Institutional Holders

1125.0 institutions hold shares in International Flavors & Fragrances Inc (IFF), with institutional investors hold 93.76% of the company’s shares. The shares outstanding are 255.29M, and float is at 230.16M with Short Float at 1.57%. Institutions hold 93.71% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.95 million shares valued at $2.85 billion. The investor’s holdings represent 11.7439% of the IFF Shares outstanding. As of 2024-06-30, the second largest holder is DODGE & COX with 28.21 million shares valued at $2.69 billion to account for 11.0614 of the shares outstanding. The other top investors are WINDER PTE. LTD. which holds 25.36 million shares representing 9.9437% and valued at over $2.41 billion, while BLACKROCK INC. holds 8.4227 of the shares totaling 21.48 million with a market value of $2.04 billion.

International Flavors & Fragrances Inc (IFF) Insider Activity

The most recent transaction is an insider sale by Arora Yuvraj, the company’s President, Nourish. SEC filings show that Arora Yuvraj sold 5,000 shares of the company’s common stock on Nov 11 ’24 at a price of $91.75 per share for a total of $0.46 million. Following the sale, the insider now owns 3238.0 shares.

Still, SEC filings show that on Jun 13 ’24, Strzelecki Angela (President, Pharma Solutions) disposed off 2,588 shares at an average price of $95.66 for $0.25 million. The insider now directly holds 8,539 shares of International Flavors & Fragrances Inc (IFF).

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