International Flavors & Fragrances (IFF) Set to Announce Quarterly Earnings on Tuesday
International Flavors & Fragrances (NYSE:IFF) will issue its quarterly earnings data on Tuesday, May 6th. Parties that are interested in registering for the company’s conference call can do so using this link.
International Flavors & Fragrances (NYSE:IFF) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.92 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.91 by $0.01. The company had revenue of $725.00 million for the quarter, compared to the consensus estimate of $708.21 million. During the same quarter in the prior year, the company posted $0.83 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts expect International Flavors & Fragrances to post $4.97 EPS for the current fiscal year and $5.43 EPS for the next fiscal year.
International Flavors & Fragrances (NYSE:IFF) opened at 97.67 on Monday. International Flavors & Fragrances has a 1-year low of $73.02 and a 1-year high of $98.98. The stock has a 50-day moving average of $94.52 and a 200-day moving average of $88.97. The company has a market cap of $7.938 billion and a P/E ratio of 22.91.
A number of analysts have recently weighed in on IFF shares. Analysts at Argus raised their price target on shares of International Flavors & Fragrances from $98.00 to $106.00 in a research note on Tuesday, March 4th. They now have a “buy” rating on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of International Flavors & Fragrances in a research note on Monday, February 17th. They now have a $96.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of International Flavors & Fragrances in a research note on Friday, February 14th. They now have a $98.00 price target on the stock, down previously from $100.00. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. International Flavors & Fragrances currently has an average rating of “Buy” and an average target price of $95.43.
International Flavors & Fragrances Inc (NYSE:IFF) creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care and household products industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.