International Flavors & Fragrances Inc.’s Stock Price Drops to 73.59 USD, Plunging by 7.08%

International Flavors & Fragrances Inc. (IFF)

73.59 USD -5.61 (-7.08%) Volume: 3.86M

International Flavors & Fragrances Inc.’s stock price stands at 73.59 USD, witnessing a trading session dip of -7.08%, with a trading volume of 3.86M. With a YTD performance showing a decrease of -12.96%, IFF’s stock performance continues to be a focal point for investors.

Latest developments on International Flavors & Fragrances Inc.

International Flavors & Fragrances Inc. has been making strategic moves to drive recovery and long-term growth in its specialty businesses. The company recently held its annual shareholder meeting and announced a reorganization of its business segments. Despite underperforming compared to competitors, IFF’s Q1 earnings beat estimates, with sales slightly dipping year-over-year. Mizuho Securities raised the price target on IFF, while UBS maintained a neutral rating. The company is targeting $10.6B to $10.9B in sales for 2025 amid strategic realignment. Despite economic challenges, IFF remains optimistic about its strong financials for the year. Overall, the company’s recent stock price movements reflect a mix of positive earnings reports, strategic initiatives, and market dynamics.

International Flavors & Fragrances Inc. on Smartkarma

Analysts at Baptista Research have provided bullish coverage on Intl Flavors & Fragrances, highlighting the company’s innovation and expansion in health and biosciences as key drivers of their positive sentiment. In their research report titled “International Flavors & Fragrances (IFF): Innovation & Expansion in Health & Biosciences Driving Our Bullishness!”, Baptista Research notes that IFF reported $11.5 billion in sales with a 6% growth in comparable currency-neutral terms. The adjusted operating EBITDA also saw a significant 16% growth, showcasing the company’s progress and challenges in the market.

Furthermore, Baptista Research also published a report titled “International Flavors & Fragrances (IFF): Global Expansion”, where they highlighted IFF’s strong financial performance in the third quarter of 2024. With revenue surpassing $2.9 billion and a 9% increase on a comparable currency-neutral basis, IFF demonstrated notable growth driven by volume improvements across various segments. This positive outlook on Intl Flavors & Fragrances reflects the analysts’ confidence in the company’s ability to expand globally and maintain a strong position in the market.

A look at International Flavors & Fragrances Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Intl Flavors & Fragrances has a positive long-term outlook. With a high score in Value, the company is deemed to be undervalued compared to its peers. Additionally, its strong Momentum score suggests that the company is performing well in the market. While its Dividend, Growth, and Resilience scores are not as high, they still indicate a stable and consistent performance in these areas.

Intl Flavors & Fragrances Inc. creates, manufactures, and supplies flavors and fragrances for various industries. Their proprietary formulas are used in a wide range of products, from food and beverages to personal care and household items. With a solid overall outlook based on the Smartkarma Smart Scores, the company seems well-positioned for continued success in the future.

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