International Flavors & Fragrances Inc. (NYSE:IFF) Given Consensus Recommendation of “Hold” by Analysts

International Flavors & Fragrances Inc. (NYSE:IFF – Get Rating) has received a consensus rating of “Hold” from the seventeen analysts that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $122.00.

A number of equities analysts have issued reports on IFF shares. StockNews.com lowered shares of International Flavors & Fragrances from a “hold” rating to a “sell” rating in a research report on Thursday. Societe Generale reduced their price target on shares of International Flavors & Fragrances from $170.00 to $145.00 and set a “buy” rating for the company in a research report on Wednesday, November 9th. The Goldman Sachs Group reduced their price target on shares of International Flavors & Fragrances from $159.00 to $142.00 and set a “buy” rating for the company in a research report on Tuesday, October 18th. JPMorgan Chase & Co. cut shares of International Flavors & Fragrances from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $125.00 to $96.00 in a research note on Wednesday, November 9th. Finally, UBS Group raised their price objective on shares of International Flavors & Fragrances from $130.00 to $132.00 and gave the stock a “buy” rating in a research note on Wednesday, January 11th.

Institutional Investors Weigh In On International Flavors & Fragrances

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Private Advisor Group LLC boosted its stake in International Flavors & Fragrances by 3.8% during the 4th quarter. Private Advisor Group LLC now owns 9,607 shares of the specialty chemicals company’s stock worth $594,786,000 after purchasing an additional 352 shares during the last quarter. Hanson & Doremus Investment Management acquired a new stake in International Flavors & Fragrances during the 4th quarter worth $927,000. Villere ST Denis J & Co. LLC acquired a new stake in International Flavors & Fragrances during the 4th quarter worth $17,847,000. Maryland State Retirement & Pension System acquired a new stake in International Flavors & Fragrances during the 4th quarter worth $2,101,000. Finally, Czech National Bank raised its holdings in shares of International Flavors & Fragrances by 0.7% during the 4th quarter. Czech National Bank now owns 29,844 shares of the specialty chemicals company’s stock worth $3,129,000 after acquiring an additional 221 shares during the period. Institutional investors and hedge funds own 88.86% of the company’s stock.

International Flavors & Fragrances Stock Performance

Shares of International Flavors & Fragrances stock opened at $114.70 on Thursday. The firm has a market capitalization of $29.24 billion, a P/E ratio of -16.67, a PEG ratio of 3.49 and a beta of 1.03. The company has a quick ratio of 0.93, a current ratio of 1.79 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average price of $105.34 and a 200 day moving average price of $106.96. International Flavors & Fragrances has a 52 week low of $83.14 and a 52 week high of $145.65.

International Flavors & Fragrances (NYSE:IFF – Get Rating) last posted its quarterly earnings results on Monday, November 7th. The specialty chemicals company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.06. International Flavors & Fragrances had a negative net margin of 13.91% and a positive return on equity of 7.31%. The company had revenue of $3.06 billion during the quarter, compared to analyst estimates of $3.03 billion. Sell-side analysts expect that International Flavors & Fragrances will post 5.54 EPS for the current year.

International Flavors & Fragrances Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 6th. Shareholders of record on Wednesday, December 28th were paid a dividend of $0.81 per share. The ex-dividend date was Tuesday, December 27th. This represents a $3.24 annualized dividend and a yield of 2.82%. International Flavors & Fragrances’s dividend payout ratio (DPR) is presently -47.09%.

About International Flavors & Fragrances

(Get Rating)

International Flavors & Fragrances Inc, together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through Nourish, Scent, Health & Biosciences, and Pharma Solutions segments.