International Flavors & Fragrances Inc. (IFF)

NYSE: IFF · Real-Time Price · USD
103.46
-0.76 (-0.73%)
Sep 18, 2024, 4:00 PM EDT - Market closed
-0.73%
Market Cap 26.45B
Revenue (ttm) 11.31B
Net Income (ttm) -2.35B
Shares Out 255.66M
EPS (ttm) -9.23
PE Ratio n/a
Forward PE 23.09
Dividend $1.60 (1.55%)
Ex-Dividend Date Sep 20, 2024
Volume 505,558
Open 104.50
Previous Close 104.22
Day's Range 103.01 - 104.50
52-Week Range 62.28 - 105.30
Beta 1.23
Analysts Buy
Price Target 102.25 (-1.17%)
Earnings Date Nov 4, 2024

About IFF

International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in the United States, Europe, and internationally. It operates through four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions. The Nourish segment offers natural and plant-based specialty food ingredients, such as flavor compounds used in savory products; beverages; sweets; and dairy products. It also provides value-added spices and seasoning ingred... [Read more]

Sector Materials
Founded 1833
Employees 21,500
Stock Exchange NYSE
Ticker Symbol IFF
Full Company Profile

Financial Performance

In 2023, IFF's revenue was $11.48 billion, a decrease of -7.73% compared to the previous year's $12.44 billion. Losses were -$2.57 billion, 37.3% more than in 2022.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for IFF stock is "Buy." The 12-month stock price forecast is $102.25, which is a decrease of -1.17% from the latest price.

Price Target
$102.25
(-1.17% downside)
Analyst Consensus: Buy
Stock Forecasts

News

This Bank of America Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: BACLUVNTAPWFC
15 days ago - Benzinga

FHLBank Chicago Convenes IFF, Illinois Housing and Development Authority and Rep. Sean Casten to Discuss Housing Solutions for Illinois 6th District

ORLAND PARK, Ill.--(BUSINESS WIRE)--The Federal Home Loan Bank of Chicago (FHLBank Chicago) today convened a discussion around the barriers, challenges, and solutions to housing needs in Illinois and ...

20 days ago - Business Wire

International Flavors & Fragrances: Ability To Compound Valuation Hampered

IFF stock has drifted +2% to the upside post-Q2 earnings report. Each of the core operating segments demonstrated substantial operating leverage during the quarter. Despite posting growth, the company...

26 days ago - Seeking Alpha

IFF to Webcast Fireside Chat at Barclays Global Consumer Staples Conference on Sept. 5

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) today announced that Chief Executive Officer Erik Fyrwald will participate in a fireside chat at the Barclays Global Consumer Staples Conference on ...

4 weeks ago - Business Wire

International Flavors & Fragrances Inc. (IFF) Q2 2024 Earnings Call Transcript

International Flavors & Fragrances Inc. (NYSE:IFF) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Michael DeVeau - Senior Vice President, Corporate Finance and Invest...

6 weeks ago - Seeking Alpha

IFF Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Consolidated Summary: Reported (GAAP)   Adjusted (Non-GAA...

6 weeks ago - Business Wire

IFF To Open New State-of-the-Art Center for Innovation in Shanghai

SHANGHAI--(BUSINESS WIRE)--IFF (NYSE: IFF), a global leader in food and beverage, home and personal care, scent, and health—today announced that it aims to complete the renovation and expansion of its...

7 weeks ago - Business Wire

IFF Declares Dividend for Third Quarter 2024

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on October 9, 2...

7 weeks ago - Business Wire

IFF's Leverage to Improve by 2025, Sales Momentum to Boost EBITDA, Projects Analyst

Stifel analyst Mark S. Astrachan upgraded International Flavors & Fragrances Inc. IFF stock to Buy from Hold with an increased price target of $115 from $95.

2 months ago - Benzinga

IFF to Release Second Quarter 2024 Results on August 6, 2024

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) today announced that it will release its second quarter 2024 earnings results following the market close on Tuesday, August 6, 2024. The management t...

2 months ago - Business Wire

Global Plant-based Protein Industry Report 2024 - ADM, Cargill, International Flavors & Fragrances, Ingredion and Roquette Freres Dominate the Market

Dublin, June 24, 2024 (GLOBE NEWSWIRE) -- The "Global Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola Oats, Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates...

3 months ago - GlobeNewsWire

Cramer's Stop Trading: International Flavors & Fragrances

CNBC's Jim Cramer explains why he is keeping an eye on shares of International Flavors & Fragrances Inc.

3 months ago - CNBC Television

IFF Appoints Margarita Paláu-Hernández to Board of Directors

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) today announced the appointment of Margarita Paláu-Hernández to its Board of Directors, effective June 3, 2024. Paláu-Hernández joins as a mutually ...

3 months ago - Business Wire

IFF Details Sustainability Leadership in 2023 Do More Good Report

NEW YORK--(BUSINESS WIRE)--IFF (NYSE:IFF) today released its 2023 Do More Good Report, describing how the Company is progressing against its environmental, social, governance, and sustainable solution...

4 months ago - Business Wire

International Flavors & Fragrances Inc. (IFF) Q1 2024 Earnings Call Transcript

International Flavors & Fragrances Inc. (NYSE:IFF) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Michael DeVeau - Senior Vice President, Corporate Finance & Investor Re...

4 months ago - Seeking Alpha

IFF Chief Financial and Business Transformation Officer Glenn Richter to retire year end 2024

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) today announced that Glenn Richter, IFF's Chief Financial and Business Transformation Officer, plans to retire Dec. 31, 2024 after a three-year tenu...

4 months ago - Business Wire

IFF Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Consolidated Summary: Reported (GAAP)   Adjusted (Non-GAAP...

4 months ago - Business Wire

IFF Declares Dividend for Second Quarter 2024

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 10, 202...

5 months ago - Business Wire

IFF to Release First Quarter 2024 Results on May 6, 2024

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) today announced that it will release its first quarter 2024 earnings results following the market close on Monday, May 6, 2024. The management team w...

5 months ago - Business Wire

IFF Completes Divestiture of Cosmetics Ingredients Business

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that it has completed the previously announced divestiture of its Cosmetic Ingredients business to Clariant, a sustainably focused specialty ...

6 months ago - Business Wire

U.S. Wide-Moat Stocks On Sale - The March 2024 Heat Map

We share the heat map of the most investable candidates that may be worth your time for further analysis.

6 months ago - Seeking Alpha

IFF Names Ana Paula Mendonça President, Scent

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced Ana Paula Mendonça—who has dedicated her career to the advancement and commercialization of fragrance—has been named President of Scent, IFF,...

6 months ago - Business Wire

International Flavors & Fragrances to sell pharma unit in $2.85 bln deal

International Flavors & Fragrances said on Tuesday it would sell its pharma solutions business to French plant-based ingredients maker Roquette in a deal valued at $2.85 billion, as it looks to focus ...

6 months ago - Reuters

IFF Announces Sale of its Pharma Solutions Business to Roquette

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that it has entered into a definitive agreement to sell its Pharma Solutions business unit to French leader of plant-based ingredients Roquet...

6 months ago - Business Wire

IFF Announces Grant of Employment Inducement Awards

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced the grant of employment inducement awards to J. Erik Fyrwald, IFF Chief Executive Officer and member of the Board of Directors. The Company's...

7 months ago - Business Wire