Worldwide Flavors & Fragrances (NYSE:IFF – Get Rating) was upgraded by equities analysis analysts at StockNews.com from a “promote” ranking to a “maintain” ranking in a report issued on Friday.
Quite a few different analysts have additionally weighed in on the corporate. Robert W. Baird minimize their worth goal on Worldwide Flavors & Fragrances from $140.00 to $120.00 and set an “outperform” ranking on the inventory in a analysis report on Wednesday, November ninth. Mizuho lowered their worth goal on shares of Worldwide Flavors & Fragrances from $145.00 to $116.00 and set a “impartial” ranking for the corporate in a analysis report on Wednesday, November ninth. Barclays elevated their goal worth on shares of Worldwide Flavors & Fragrances from $83.00 to $89.00 and gave the corporate an “underweight” ranking in a report on Monday, December twelfth. Stifel Nicolaus dropped their worth goal on shares of Worldwide Flavors & Fragrances from $153.00 to $130.00 in a analysis notice on Thursday, October thirteenth. Lastly, JPMorgan Chase & Co. minimize shares of Worldwide Flavors & Fragrances from an “obese” ranking to a “impartial” ranking and lowered their goal worth for the inventory from $125.00 to $96.00 in a analysis notice on Wednesday, November ninth. One funding analyst has rated the inventory with a promote ranking, six have given a maintain ranking and ten have issued a purchase ranking to the corporate. Based mostly on knowledge from MarketBeat.com, the inventory has a consensus ranking of “Reasonable Purchase” and a median worth goal of $122.63.
Worldwide Flavors & Fragrances Inventory Efficiency
IFF traded up $0.59 on Friday, reaching $103.90. 857,682 shares of the inventory had been exchanged, in comparison with its common quantity of 1,548,383. The corporate’s 50-day shifting common worth is $99.63 and its 200 day shifting common worth is $108.18. Worldwide Flavors & Fragrances has a fifty-two week low of $83.14 and a fifty-two week excessive of $151.86. The corporate has a debt-to-equity ratio of 0.61, a present ratio of 1.79 and a fast ratio of 0.93. The agency has a market capitalization of $26.49 billion, a PE ratio of -15.10, a PEG ratio of three.82 and a beta of 1.06.
Worldwide Flavors & Fragrances (NYSE:IFF – Get Rating) final posted its quarterly earnings knowledge on Monday, November seventh. The specialty chemical compounds firm reported $1.36 EPS for the quarter, topping the consensus estimate of $1.30 by $0.06. The corporate had income of $3.06 billion through the quarter, in comparison with analyst estimates of $3.03 billion. Worldwide Flavors & Fragrances had a constructive return on fairness of seven.31% and a unfavourable internet margin of 13.91%. As a gaggle, sell-side analysts forecast that Worldwide Flavors & Fragrances will put up 5.59 EPS for the present fiscal yr.
Institutional Inflows and Outflows
Quite a few hedge funds and different institutional buyers have not too long ago modified their holdings of the corporate. Fairfield Bush & CO. elevated its stake in Worldwide Flavors & Fragrances by 11.7% through the 1st quarter. Fairfield Bush & CO. now owns 4,791 shares of the specialty chemical compounds firm’s inventory valued at $629,000 after buying an extra 500 shares within the final quarter. Mercer International Advisors Inc. ADV grew its place in Worldwide Flavors & Fragrances by 33.1% through the first quarter. Mercer International Advisors Inc. ADV now owns 3,524 shares of the specialty chemical compounds firm’s inventory valued at $463,000 after buying an extra 876 shares over the past quarter. Aaron Wealth Advisors LLC purchased a brand new place in Worldwide Flavors & Fragrances through the first quarter valued at roughly $83,000. JPMorgan Chase & Co. grew its place in Worldwide Flavors & Fragrances by 1.2% through the first quarter. JPMorgan Chase & Co. now owns 309,732 shares of the specialty chemical compounds firm’s inventory valued at $40,677,000 after buying an extra 3,698 shares over the past quarter. Lastly, Raymond James & Associates grew its place in Worldwide Flavors & Fragrances by 17.9% through the first quarter. Raymond James & Associates now owns 81,038 shares of the specialty chemical compounds firm’s inventory valued at $10,643,000 after buying an extra 12,325 shares over the past quarter. Institutional buyers and hedge funds personal 88.86% of the corporate’s inventory.
Worldwide Flavors & Fragrances Firm Profile
Worldwide Flavors & Fragrances Inc, along with its subsidiaries, manufactures and sells beauty lively and pure well being elements to be used in varied client merchandise in Europe, Africa, the Center East, Larger Asia, North America, and Latin America. It operates by way of Nourish, Scent, Well being & Biosciences, and Pharma Options segments.
Additional Studying
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