International Flavors & Fragrances Inc. (NYSE:IFF) shares fell to a low of $141.06 before closing at $141.62. Intraday shares traded counted 0.77 million, which was 56.49% higher than its 30-day average trading volume of 1.77M. IFF’s previous close was $141.86 while the outstanding shares total 248.85M. The firm has a beta of 0.97, a 12-month trailing P/E ratio of 77.60, and a growth ratio of 10.05. The stock’s Relative Strength Index (RSI) is 50.47, with weekly volatility at 1.63% and ATR at 2.75. The IFF stock’s 52-week price range has touched low of $99.54 and a $147.04 high. The stock traded lower over the last trading session, losing -0.17% on 05/25/21.
Investors have identified the Specialty Chemicals company International Flavors & Fragrances Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $34.96 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
International Flavors & Fragrances Inc. (IFF) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 6.17 billion total, with 3.26 billion as their total liabilities.
IFF were able to record 265.0 million as free cash flow during the 08/09/2021 quarter of the year, this saw their quarterly net cash flow reduce by 221.0 million. In cash movements, the company had a total of 358.0 million as operating cash flow.
Potential earnings growth for International Flavors & Fragrances Inc. (IFF)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/09/2021 quarter of the year, International Flavors & Fragrances Inc. recorded a total of 2.46 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 45.35% coming in sequential stages and their sales for the 08/09/2021 quarter increasing by 48.46%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.71 billion trying to sell their products during the last quarter, with the result yielding a gross income of 754.0 million. This allows shareholders to hold on to 248.85M with the recently reported earning now reading -0.19 cents per share. This is a figure that compared to analyst’s prediction for their 08/09/2021 (1.60 cents a share).
Having a look at the company’s valuation, the company is expected to record 6.71 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on IFF sounds very interesting.
Is the stock of IFF attractive?
In related news, Director, GORDON ILENE S bought 1,000 shares of the company’s stock in a transaction that recorded on May 14. The purchase was performed at an average price of 140.39, for a total value of 140,386. As the purchase deal closes, the President Health & Biosciences, Herriott Simon now sold 1,332 shares of the company’s stock, valued at 184,442. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
11 out of 21 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on International Flavors & Fragrances Inc.. 1 analysts has assigned a Sell rating on the IFF stock. The 12-month mean consensus price target for the company’s shares has been set at $157.12.