Internationa Flavors & Fragrances (IFF) Earns Daily News Impact Score of 0.11
News articles about Internationa Flavors & Fragrances (NYSE:IFF) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Internationa Flavors & Fragrances earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the specialty chemicals company an impact score of 45.60282292085 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- International Flavors & Fragrances Inc (IFF) Showing Positive Momentum in the Technicals – Sheridan Daily (sheridandaily.com)
- International Flavors & Fragrances Inc (NYSE:IFF) Q4 2016 Sentiment (expressnewsline.com)
- Vanguard Group Inc Significantly Raises Its Ownership in Internationa Flavors & Fragranc (IFF) (iphonefresh.com)
- Insider Buying: Internationa Flavors & Fragrances, Inc. (IFF) Major Shareholder Buys 18,300 Shares of Stock (americanbankingnews.com)
- Insider Buying: Internationa Flavors & Fragrances, Inc. (IFF) Major Shareholder Buys 10,301 Shares of Stock (americanbankingnews.com)
Shares of Internationa Flavors & Fragrances (NYSE IFF) opened at 135.92 on Friday. The firm has a 50-day moving average of $134.54 and a 200 day moving average of $132.75. Internationa Flavors & Fragrances has a 52-week low of $113.16 and a 52-week high of $143.64. The stock has a market capitalization of $10.73 billion, a PE ratio of 27.43 and a beta of 1.11.
Internationa Flavors & Fragrances (NYSE:IFF) last issued its earnings results on Tuesday, August 8th. The specialty chemicals company reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.05. Internationa Flavors & Fragrances had a return on equity of 26.83% and a net margin of 12.31%. The firm had revenue of $842.86 million for the quarter, compared to analyst estimates of $845.89 million. During the same period last year, the company earned $1.47 earnings per share. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Equities research analysts forecast that Internationa Flavors & Fragrances will post $5.78 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, September 25th will be given a $0.69 dividend. The ex-dividend date is Friday, September 22nd. This is a positive change from Internationa Flavors & Fragrances’s previous quarterly dividend of $0.64. This represents a $2.76 annualized dividend and a yield of 2.03%. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 51.72%.
IFF has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a research note on Monday, May 1st. Vertical Research cut shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Vertical Group cut shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Tuesday, May 9th. Deutsche Bank AG lifted their price target on shares of Internationa Flavors & Fragrances from $125.00 to $132.00 and gave the stock a “hold” rating in a research note on Wednesday, May 10th. Finally, Barclays PLC reaffirmed a “sell” rating on shares of Internationa Flavors & Fragrances in a research note on Friday, May 12th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $138.08.
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In other Internationa Flavors & Fragrances news, major shareholder Winder Investment Pte Ltd purchased 20,000 shares of the stock in a transaction dated Tuesday, June 20th. The shares were bought at an average cost of $136.80 per share, with a total value of $2,736,000.00. Following the completion of the acquisition, the insider now owns 9,170,793 shares of the company’s stock, valued at $1,254,564,482.40. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP Francisco Fortanet sold 300 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $134.36, for a total value of $40,308.00. Following the transaction, the executive vice president now directly owns 19,994 shares in the company, valued at $2,686,393.84. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 1,214,128 shares of company stock worth $162,786,041 and sold 5,766 shares worth $786,086. 0.48% of the stock is owned by company insiders.
About Internationa Flavors & Fragrances
International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.
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