Share on StockTwits

International Flavors & Fragrances (NYSE:IFF) Insider Richard O’leary unloaded 1,523 shares of the company’s stock on the open market in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $101.60, for a total value of $154,736.80. Following the transaction, the insider now directly owns 20,033 shares in the company, valued at approximately $2,035,353. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

International Flavors & Fragrances (NYSE:IFF) traded down 0.25% on Wednesday, hitting $101.09. 227,965 shares of the company’s stock traded hands. International Flavors & Fragrances has a 52 week low of $78.75 and a 52 week high of $105.84. The stock has a 50-day moving average of $101.4 and a 200-day moving average of $98.52. The company has a market cap of $8.205 billion and a P/E ratio of 22.09.

International Flavors & Fragrances (NYSE:IFF) last announced its earnings results on Tuesday, August 5th. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.35 by $0.02. The company had revenue of $788.40 million for the quarter, compared to the consensus estimate of $794.83 million. During the same quarter in the prior year, the company posted $1.14 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. On average, analysts predict that International Flavors & Fragrances will post $5.04 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 7th. Investors of record on Thursday, September 25th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Tuesday, September 23rd. This is an increase from International Flavors & Fragrances’s previous quarterly dividend of $0.39.

Several analysts have recently commented on the stock. Analysts at Argus reiterated a “buy” rating on shares of International Flavors & Fragrances in a research note on Wednesday, August 13th. They now have a $111.00 price target on the stock, up previously from $109.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of International Flavors & Fragrances in a research note on Friday, August 8th. They now have a $102.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of International Flavors & Fragrances in a research note on Wednesday, August 6th. They now have a $104.00 price target on the stock, up previously from $99.00. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. International Flavors & Fragrances has an average rating of “Buy” and a consensus target price of $108.00.

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.