International Flavors & Fragrances Inc. (NYSE:IFF) went down by -1.01% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Specialty Chemicals giant went up by $122.07 to trade ended Wednesday trading at $123.31. This is down from the $123.31 price recorded on Tuesday’s trading session. Thanks to this latest performance, IFF is closer to the higher price 52-week target of $156.00 and further from the lowest price target of $111.00. Its performance from the start of the year has also been negative, with IFF down by -5.39% year-to-date.
International Flavors & Fragrances Inc. (IFF) started the day trading at $121.17 and recorded an intraday high of $123.81. It also recorded an intraday low of $119.595 during Wednesday’s trading session. International Flavors & Fragrances Inc. is a very active stock that recorded a trading volume that is more than 9.03% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 1121207, which is more than 9.03 of the total average daily trading volume of 1.02 million.
International Flavors & Fragrances Inc. (NYSE:IFF) 2020 Performance Impressive
The increase in IFF’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of IFF currently stands at $148.10, which is higher than the current trading price of the stock by 17.58%. However, IFF’s current trading price is -32.48% lower than the 52-week low price of $92.14. In terms of trading volume, International Flavors & Fragrances Inc. currently experienced healthy participation during the last trading session. 1121207 shares of International Flavors & Fragrances Inc. were traded on the stock exchange on Wednesday, which is more than 9.03% of the 1.02 million average trading volume of the stock.
The performance of the stock has been positive over the past year. IFF’s performance over the past one year has seen it plunge by -17.26%, while the stock has gone down by -1.52% in the last six months. The quarterly performance of IFF currently stands at 16.74%, and it is down by -8.31% in the last month. The only negative figure was from the weekly performance, which currently reads -5.11%. At the time of writing IFF’s report, the company has a total market cap of $13.30B, making it one of the largest publicly-traded companies in the world.International Flavors & Fragrances Inc. also has over 13600 employees all over the world.
IFF Insider Activities
For International Flavors & Fragrances Inc., insiders hold 99.20% of all company shares. The insider transactions over the past six months are down by -108.80%. During that period, insiders bought 3,470,811 shares in 222 transactions. In that same period, insiders sold 29,191 of their shares in 26 transactions. After these transactions, insiders at International Flavors & Fragrances Inc. now hold 316.28k shares, which is over 104.83% of the total company stocks. Institutional investors currently hold a large chunk of the IFF shares, as they control 0.30% of the company’s total stock.
IFF Fundamental Analysis
For International Flavors & Fragrances Inc., the stock’s diluted earnings per share (EPS) stands at 4.13. In the coming year, analysts expect the EPS to be 6.46. The EPS growth will up over the next five years to 1.90% after plunging by -4.60% in the previous five years. In terms of revenue, International Flavors & Fragrances Inc.’s quarterly sales (YOY) is growing at 1.32, which is higher than the average annual revenue of -4.60% over the past half a decade.
The Return on Investment (ROI) on International Flavors & Fragrances Inc.’s stock currently stands at 5.40%, and it has a net profit margin of 9.00%. The operating margin of the company is 13.40%, and its gross margin is 41.40%.
IFF Analysts Prediction
The Wells Fargo has a Overweight rating for International Flavors & Fragrances Inc., predicting the stock price to stay between $141 and $150.
Analysts at Citigroup believe that IFF is Buy, and they have a price target of between $137 and $155.
At the moment, International Flavors & Fragrances Inc.’s Total Debt to Equity ratio stands at 0.74, and they have a long-term Debt to Equity ratio of 0.68.
IFF Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of IFF currently stands at -6.96%, while the SMA50 is -5.57%. The biggest one is the SMA200, which is currently reading -3.17% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 34.54, while its price to earnings ratio (P/E) is 29.56.