The stock of International Flavors & Fragrances Inc. (IFF) has gone down by -3.96% for the week, with a 0.13% rise in the past month and a 4.30% rise in the past quarter. The volatility ratio for the week is 2.90%, and the volatility levels for the past 30 days are 2.41% for IFF. The simple moving average for the last 20 days is -1.59% for IFF’s stock, with a simple moving average of 9.51% for the last 200 days.
Is It Worth Investing in International Flavors & Fragrances Inc. (NYSE: IFF) Right Now?
Additionally, the 36-month beta value for IFF is 1.23. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 1 rating it as “sell.”
The public float for IFF is 229.81M and currently, short sellers hold a 3.02% ratio of that float. The average trading volume of IFF on April 17, 2024 was 2.34M shares.
IFF) stock’s latest price update
International Flavors & Fragrances Inc. (NYSE: IFF)’s stock price has gone rise by 0.45 in comparison to its previous close of 82.59, however, the company has experienced a -3.96% decrease in its stock price over the last five trading days. Business Wire reported 2024-04-16 that NEW YORK–(BUSINESS WIRE)—- $IFF–IFF (NYSE:IFF) today announced that it will release its first quarter 2024 earnings results following the market close on Monday, May 6, 2024. The management team will host a live webcast on Tuesday, May 7, 2024 at 9:00 a.m. ET to discuss results and outlook with the investor community. Investors may access the live webcast and accompanying slide presentation on the Company’s website at ir.iff.com. For those unable to listen to the live webcast, a recorded version wil.
Analysts’ Opinion of IFF
Many brokerage firms have already submitted their reports for IFF stocks, with Citigroup repeating the rating for IFF by listing it as a “Buy.” The predicted price for IFF in the upcoming period, according to Citigroup is $100 based on the research report published on April 10, 2024 of the current year 2024.
IFF Trading at 2.03% from the 50-Day Moving Average
After a stumble in the market that brought IFF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.90% of loss for the given period.
Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 2.90%, as shares sank -1.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.08% upper at present.
During the last 5 trading sessions, IFF fell by -3.96%, which changed the moving average for the period of 200-days by +6.62% in comparison to the 20-day moving average, which settled at $84.26. In addition, International Flavors & Fragrances Inc. saw 2.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IFF starting from Fauchon de Villeplee Christoph, who sale 1,972 shares at the price of $86.35 back on May 11 ’23. After this action, Fauchon de Villeplee Christoph now owns 9,093 shares of International Flavors & Fragrances Inc., valued at $170,282 using the latest closing price.
Stock Fundamentals for IFF
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.32 for the gross margin
The net margin for International Flavors & Fragrances Inc. stands at -0.22. The total capital return value is set at -0.08. Equity return is now at value -15.88, with -7.72 for asset returns.
Based on International Flavors & Fragrances Inc. (IFF), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is -5.55.
Currently, EBITDA for the company is 1.97 billion with net debt to EBITDA at -8.71. When we switch over and look at the enterprise to sales, we see a ratio of 2.73. The receivables turnover for the company is 5.49for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.
Conclusion
In conclusion, International Flavors & Fragrances Inc. (IFF) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
