What is Zacks Research's Estimate for IFF Q3 Earnings?

Key Points

• Zacks Research has lowered its Q3 2026 earnings estimate for International Flavors & Fragrances to $1.03 per share, down from a previous estimate of $1.04.
• International Flavors & Fragrances recently reported a Q2 earnings per share of $1.15, exceeding expectations, but experienced a 4.3% year-over-year decline in revenue.
• Several analysts have reduced their price targets for the stock, with an average price target now set at $92.36, indicating a general caution among market experts.

International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) - Investment analysts at Zacks Research decreased their Q3 2026 earnings estimates for shares of International Flavors & Fragrances in a research note issued to investors on Tuesday, September 9th. Zacks Research analyst Team now anticipates that the specialty chemicals company will post earnings per share of $1.03 for the quarter, down from their previous forecast of $1.04. The consensus estimate for International Flavors & Fragrances' current full-year earnings is $4.32 per share. Zacks Research also issued estimates for International Flavors & Fragrances' Q1 2027 earnings at $1.23 EPS and FY2027 earnings at $4.73 EPS.

Several other research analysts also recently commented on IFF. Oppenheimer downgraded shares of International Flavors & Fragrances from an "outperform" rating to a "market perform" rating in a report on Thursday, August 7th. Wells Fargo & Company cut their price objective on shares of International Flavors & Fragrances from $90.00 to $85.00 and set an "overweight" rating for the company in a report on Thursday, August 7th. UBS Group cut their price objective on shares of International Flavors & Fragrances from $83.00 to $79.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Tigress Financial reaffirmed a "buy" rating and issued a $105.00 price objective on shares of International Flavors & Fragrances in a report on Tuesday, August 26th. Finally, Barclays cut their price objective on shares of International Flavors & Fragrances from $84.00 to $78.00 and set an "overweight" rating for the company in a report on Friday, August 8th. Twelve analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $92.36.

International Flavors & Fragrances Stock Performance

Shares of IFF stock traded down $0.77 during trading hours on Wednesday, hitting $64.86. 688,665 shares of the company were exchanged, compared to its average volume of 1,811,450. The firm has a fifty day simple moving average of $69.71 and a 200 day simple moving average of $74.06. The stock has a market capitalization of $16.62 billion, a price-to-earnings ratio of -41.82, a P/E/G ratio of 2.84 and a beta of 1.07. International Flavors & Fragrances has a 52-week low of $62.33 and a 52-week high of $106.77. The company has a current ratio of 1.86, a quick ratio of 1.12 and a debt-to-equity ratio of 0.39.

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

International Flavors & Fragrances Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Stockholders of record on Monday, September 29th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, September 29th. This represents a $1.60 annualized dividend and a dividend yield of 2.5%. International Flavors & Fragrances's dividend payout ratio (DPR) is -103.23%.

Insider Buying and Selling at International Flavors & Fragrances

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

Institutional Trading of International Flavors & Fragrances

Several institutional investors and hedge funds have recently made changes to their positions in IFF. Banque Transatlantique SA purchased a new stake in shares of International Flavors & Fragrances during the 1st quarter valued at $32,000. American National Bank & Trust raised its position in International Flavors & Fragrances by 11,975.0% in the 2nd quarter. American National Bank & Trust now owns 483 shares of the specialty chemicals company's stock worth $36,000 after purchasing an additional 479 shares during the period. Zions Bancorporation National Association UT purchased a new position in International Flavors & Fragrances in the 1st quarter worth $42,000. Elkhorn Partners Limited Partnership raised its position in International Flavors & Fragrances by 200.0% in the 2nd quarter. Elkhorn Partners Limited Partnership now owns 600 shares of the specialty chemicals company's stock worth $44,000 after purchasing an additional 400 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in International Flavors & Fragrances by 55.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 587 shares of the specialty chemicals company's stock worth $46,000 after purchasing an additional 210 shares during the period. Hedge funds and other 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.