International Flavors & Fragrances Inc. (NYSE:IFF) concluded the trading at $145.79 on Friday, January 14 with a fall of -0.06% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $145.88 and 5Y monthly beta was reading 1.04 with its price kept floating in the range of $142.90 and $146.20 on the day. Company’s P/E ratio for the trailing 12 months is 113.19. Considering stock’s 52-week price range provides that IFF hit a high price of $157.08 and saw its price falling to a low level of $109.54 during that period. Over a period of past 1-month, stock came adding 0.54% in its value.
With its current market valuation of $37.59 billion, International Flavors & Fragrances Inc. is set to declare its quarterly results on Feb 08, 2022 – Feb 14, 2022. IFF Stock’s Forward Dividend of 3.16 and its yield of 2.17% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of $0.93 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $4.96 for 2021 with estimates of that growing to $5.29 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $2.61 billion. They suggested that in the process company could generate revenue of as low as $2.59 billion which could climb up to $2.63 billion to hit a high.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with no upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review IFF stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of Hold for it.
According to ratings assigned by 20 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 6 of them are recommending International Flavors & Fragrances Inc. (IFF) as a Hold, while 10 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 3, whereas 1 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the IFF stock which is currently positioned at 27.34. It further provides that stock’s current price level is 0.21% away from its 20-day simple moving average and is -0.45% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 50.35 while volatility remained at 2.63% over the past week which changes to 2.06% when measuring it over the past month. Beta is valued at 1.05, while measure of average true range or ATR is currently at 3.17. In predicting price targets of as low as $127.00 and as high as $188.00, analysts are in agreement on assigning the stock over the next 12 months average price target of $167.00. Stock’s current price level is 12.89% above from estimated low price target while it is -28.95% below the estimated high; and even if the IFF’s share succeeded to reach the median price of $170.00, then the outlook of -16.61% could come to the excitement of the investors.
In comparing International Flavors & Fragrances Inc. (IFF)’s stock with other industry players reveals that stock’s current price change of -0.06% and that of 23.84% over the past 12 months is in competing position with that of Colgate-Palmolive Company (CL) which saw its stock price raised by 1.10% in the last trading and went through an increase of 1.92% in past 12-month trading. International Flavors & Fragrances Inc. has a P/E ratio of 113.19 against that of Colgate-Palmolive Company’s 26.66. On the other hand, the S&P 500 Index was up 0.08% in the last trading session while the Dow Jones Industrial closed the session lower at -0.56%.
Having a second look at International Flavors & Fragrances Inc. (NYSE:IFF) provides that stock’s average daily trading volume for 3 months was 1.19 million, while it jumped to 1.25 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 254.00 million.
The percentage of outstanding shares held by the insiders is 0.10% while it is 95.40% for the institutional holders. The figures also indicate that as of Dec 14, 2021, number of stock’s short shares was 4.32 million which implies a short ratio of 3.58. This shows down a 1.70% of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 4.94 million in the previous month. Subtraction of -3.23% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.