Zacks Research Has Bullish Outlook for IFF FY2026 Earnings

Key Points

• Zacks Research has increased its fiscal year 2026 earnings per share (EPS) estimate for International Flavors & Fragrances (IFF) to $4.28, slightly up from a previous estimate of $4.26.
• Despite a recent quarterly earnings beat, the company's revenue declined by 4.3% year-over-year, indicating potential challenges ahead.
• Analyst ratings vary, with thirteen ratings as "Buy" and others ranging from "Hold" to "Sell," leading to an average price target of $86.07 for IFF shares.

International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) - Analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of International Flavors & Fragrances in a research report issued on Monday, October 13th. Zacks Research analyst Team now anticipates that the specialty chemicals company will post earnings per share of $4.28 for the year, up from their prior estimate of $4.26. The consensus estimate for International Flavors & Fragrances' current full-year earnings is $4.32 per share.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The specialty chemicals company reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The company had revenue of $2.76 billion during the quarter, compared to analysts' expectations of $2.69 billion. International Flavors & Fragrances had a positive return on equity of 7.95% and a negative net margin of 3.48%.International Flavors & Fragrances's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.16 earnings per share. International Flavors & Fragrances has set its FY 2025 guidance at EPS.

Several other brokerages have also recently weighed in on IFF. Morgan Stanley lowered their target price on International Flavors & Fragrances from $92.00 to $90.00 and set an "overweight" rating on the stock in a report on Monday, September 22nd. Argus decreased their target price on shares of International Flavors & Fragrances from $85.00 to $70.00 and set a "buy" rating for the company in a research note on Tuesday, October 7th. Weiss Ratings reissued a "sell (d+)" rating on shares of International Flavors & Fragrances in a research note on Wednesday, October 8th. UBS Group lowered their price objective on shares of International Flavors & Fragrances from $71.00 to $66.00 and set a "neutral" rating for the company in a research note on Monday, October 6th. Finally, Mizuho cut their price objective on shares of International Flavors & Fragrances from $85.00 to $75.00 and set an "outperform" rating on the stock in a report on Friday, October 3rd. Thirteen analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $86.07.

International Flavors & Fragrances Stock Up 2.6%

Shares of NYSE:IFF opened at $61.68 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.86 and a debt-to-equity ratio of 0.39. The stock has a market cap of $15.81 billion, a P/E ratio of -39.79, a price-to-earnings-growth ratio of 2.58 and a beta of 1.07. The business's 50 day moving average is $64.11 and its 200 day moving average is $71.36. International Flavors & Fragrances has a 52-week low of $59.14 and a 52-week high of $106.77.

International Flavors & Fragrances Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Monday, September 29th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, September 29th. International Flavors & Fragrances's payout ratio is currently -103.23%.

Insider Activity

In other news, CEO J Erik Fyrwald acquired 15,300 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average price of $64.95 per share, with a total value of $993,735.00. Following the completion of the transaction, the chief executive officer directly owned 77,370 shares of the company's stock, valued at $5,025,181.50. This trade represents a 24.65% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul J. Fribourg purchased 15,450 shares of the stock in a transaction on Thursday, August 7th. The shares were purchased at an average price of $64.80 per share, with a total value of $1,001,160.00. Following the acquisition, the director owned 15,450 shares in the company, valued at approximately $1,001,160. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.17% of the company's stock.

Institutional Trading of International Flavors & Fragrances

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. grew its stake in shares of International Flavors & Fragrances by 7.6% in the second quarter. Blue Trust Inc. now owns 2,184 shares of the specialty chemicals company's stock worth $161,000 after acquiring an additional 155 shares during the last quarter. Horizon Investments LLC grew its holdings in International Flavors & Fragrances by 4.9% during the 1st quarter. Horizon Investments LLC now owns 3,671 shares of the specialty chemicals company's stock valued at $285,000 after buying an additional 172 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of International Flavors & Fragrances by 17.3% in the 2nd quarter. UMB Bank n.a. now owns 1,290 shares of the specialty chemicals company's stock worth $95,000 after purchasing an additional 190 shares during the period. Eastern Bank lifted its stake in shares of International Flavors & Fragrances by 43.9% during the 2nd quarter. Eastern Bank now owns 633 shares of the specialty chemicals company's stock worth $47,000 after acquiring an additional 193 shares during the last quarter. Finally, State of Michigan Retirement System lifted its stake in shares of International Flavors & Fragrances by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 69,515 shares of the specialty chemicals company's stock worth $5,113,000 after acquiring an additional 200 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.

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