International Flavors & Fragrances (NYSE:IFF) Price Target Raised to $105.00 at Benchmark
by Tristan Rich · The Markets DailyInternational Flavors & Fragrances (NYSE:IFF – Get Free Report) had its target price lifted by Benchmark from $100.00 to $105.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the specialty chemicals company’s stock. Benchmark’s target price points to a potential upside of 22.93% from the stock’s current price.
A number of other equities research analysts also recently weighed in on IFF. Jefferies Financial Group lifted their target price on International Flavors & Fragrances from $97.00 to $105.00 in a report on Thursday, May 7th. JPMorgan Chase & Co. boosted their target price on shares of International Flavors & Fragrances from $90.00 to $92.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Rothschild & Co Redburn reduced their price target on shares of International Flavors & Fragrances from $74.00 to $71.00 in a research report on Friday, May 8th. Berenberg Bank increased their price objective on International Flavors & Fragrances from $83.00 to $84.80 and gave the company a “hold” rating in a research report on Thursday, May 7th. Finally, UBS Group increased their price objective on shares of International Flavors & Fragrances from $75.00 to $86.00 in a research report on Thursday, May 7th. Thirteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, International Flavors & Fragrances currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.54.
Read Our Latest Stock Report on International Flavors & Fragrances
International Flavors & Fragrances Stock Down 3.0%
NYSE IFF traded down $2.65 on Thursday, hitting $85.42. 651,593 shares of the stock were exchanged, compared to its average volume of 1,861,003. The company has a 50-day moving average price of $77.44 and a 200-day moving average price of $75.31. The company has a market cap of $21.81 billion, a PE ratio of 78.39, a PEG ratio of 2.02 and a beta of 0.93. International Flavors & Fragrances has a fifty-two week low of $59.14 and a fifty-two week high of $89.32. The company has a quick ratio of 0.87, a current ratio of 1.49 and a debt-to-equity ratio of 0.33.
International Flavors & Fragrances (NYSE:IFF – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The specialty chemicals company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.25). International Flavors & Fragrances had a net margin of 2.78% and a return on equity of 7.09%. The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the prior year, the business earned $1.15 EPS. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Sell-side analysts anticipate that International Flavors & Fragrances will post 4.55 EPS for the current fiscal year.
International Flavors & Fragrances declared that its board has initiated a stock buyback program on Tuesday, August 4th that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the specialty chemicals company to reacquire up to 12.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.
Insiders Place Their Bets
In related news, Director Paul J. Fribourg purchased 260,000 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were acquired at an average cost of $74.28 per share, with a total value of $19,312,800.00. Following the completion of the purchase, the director owned 2,682,730 shares of the company’s stock, valued at $199,273,184.40. The trade was a 10.73% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.07% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On International Flavors & Fragrances
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. bought a new stake in shares of International Flavors & Fragrances during the 4th quarter worth $27,000. Root Financial Partners LLC increased its stake in shares of International Flavors & Fragrances by 97.9% in the first quarter. Root Financial Partners LLC now owns 554 shares of the specialty chemicals company’s stock worth $40,000 after purchasing an additional 274 shares during the period. Geneos Wealth Management Inc. grew its holdings in International Flavors & Fragrances by 55.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 210 shares during the last quarter. Transamerica Financial Advisors LLC grew its stake in shares of International Flavors & Fragrances by 884.1% in the second quarter. Transamerica Financial Advisors LLC now owns 679 shares of the specialty chemicals company’s stock worth $50,000 after acquiring an additional 610 shares during the last quarter. Finally, EFG International AG bought a new stake in shares of International Flavors & Fragrances in the fourth quarter valued at about $73,000. 96.02% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting International Flavors & Fragrances
Here are the key news stories impacting International Flavors & Fragrances this week:
- Positive Sentiment: $2.5 billion buyback: IFF authorized repurchases of up to approximately 12.1% of its shares, signaling management’s confidence that the stock is undervalued and potentially supporting per-share earnings. International Flavors & Fragrances to Buyback $2.50 Billion in Shares
- Positive Sentiment: Portfolio simplification: Planned sales of the Food Ingredients business for about $4.3 billion and additional botanical extracts, vitamins and minerals operations could strengthen IFF’s balance sheet and concentrate the company on higher-growth, higher-margin businesses. IFF Enters Agreement to Sell Food Ingredients Business
- Positive Sentiment: Insider buying: Reported open-market purchases by Chairman Paul Fribourg and CEO J. Erik Fyrwald may reinforce the view that insiders see value in the shares.
- Neutral Sentiment: Mixed analyst view: Vertical Research downgraded IFF from “buy” to “hold,” but set a $93 price target, implying continued potential upside from recent levels. TickerReport analyst downgrade
- Negative Sentiment: Second-quarter earnings miss: Adjusted EPS was $0.82, below the roughly $1.07–$1.14 consensus range, while revenue of $1.95 billion also fell short of estimates cited in the reports. EPS declined from $1.15 a year earlier, despite revenue growth of 1.8%. International Flavors Q2 Earnings Miss Estimates
- Negative Sentiment: Lower guidance: Reports indicate that IFF reduced its full-year 2026 outlook, adding to concerns about near-term demand, profitability and execution during the company’s transformation.
International Flavors & Fragrances Company Profile
International Flavors & Fragrances Inc (NYSE:IFF) is a global leader in the creation and production of flavors, fragrances, cosmetic actives and nutritional lipids. The company develops taste and scent solutions for a wide array of end markets including food and beverage, personal care, household goods and pharmaceutical products. Its portfolio spans natural and nature-identical flavors, fine fragrances, functional ingredients for skin and hair care, and specialty oils that enhance nutritional value and sensory appeal.
IFF’s research and development network comprises innovation centers in North America, Europe, Asia-Pacific and Latin America, where multidisciplinary teams collaborate on aroma chemistry, sensory science and biotechnology.
Read More
- Five stocks we like better than International Flavors & Fragrances
- McDonald’s Stock Sell-Off: Justified Warning or Buying Opportunity?
- Why Brown-Forman Rejected a 23% Premium Twice
- Rocket Lab Lands a Wave of Contracts Ahead of Earnings
- Amprius Technologies Validates Growth Trajectory With Q2 Earnings—What Comes Next?