International Flavors & Fragrances Inc. (IFF)

NYSE: IFF · IEX Real-Time Price · USD
80.97
-0.88 (-1.08%)
At close: Dec 29, 2023, 4:00 PM
80.93
-0.04 (-0.05%)
After-hours: Dec 29, 2023, 7:11 PM EST
-1.08%
Market Cap 20.67B
Revenue (ttm) 11.62B
Net Income (ttm) 18.00M
Shares Out 255.28M
EPS (ttm) 0.07
PE Ratio 1,156.71
Forward PE 21.08
Dividend $3.24 (4.00%)
Ex-Dividend Date Dec 27, 2023
Volume 767,694
Open 81.32
Previous Close 81.85
Day's Range 80.64 - 81.84
52-Week Range 62.11 - 118.34
Beta 1.18
Analysts Hold
Price Target 84.00 (+3.74%)
Earnings Date Feb 7, 2024

About IFF

International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through four segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions. The Nourish segment offers natural and plant-based specialty food ingredients, such as flavor compounds; savory products that includes soups, sauces, meat, fish, poultry, snacks, etc.; bevera... [Read more]

Sector Materials
Founded 1833
Employees 24,600
Stock Exchange NYSE
Ticker Symbol IFF
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for IFF stock is "Hold." The 12-month stock price forecast is $84.0, which is an increase of 3.74% from the latest price.

Price Target
$84.0
(3.74% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Tax-loss selling makes these stocks in cannabis, pharma, energy and industrials worth buying

In an annual year-end ritual, investors have dumped many of their stock losers to offset taxable gains. This so-called “tax loss selling” can create buying opportunities in promising names.

2 days ago - Market Watch

IFF Reports Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Consolidated Summary: Reported (GAAP)   Adjusted (Non-...

7 weeks ago - Business Wire

IFF Announces Continuation of Cooperation Agreement with Icahn Capital

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) today announced the continuation of the cooperation agreement with Icahn Capital LP and its affiliates. Icahn Capital and IFF have agreed to renomin...

7 weeks ago - Business Wire

IFF Declares Dividend for Fourth Quarter 2023

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.81 per share of its common stock, payable on January 8, 2...

2 months ago - Business Wire

IFF Announces Clariant Has Agreed to Purchase IFF's Cosmetic Ingredients Business Unit

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that Clariant—a sustainably focused specialty chemical company—has agreed to purchase IFF's Cosmetic Ingredients business unit for $810 milli...

2 months ago - Business Wire

IFF to Release Third Quarter 2023 Results November 6

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) today announced that it will release its third quarter 2023 earnings results following the market close on Monday, Nov. 6, 2023. The management team ...

2 months ago - Business Wire

IFF to Webcast Fireside Chat at Barclays Global Consumer Staples Conference on Sept. 7

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) today announced that Chief Executive Officer Frank Clyburn will participate in a fireside chat at the Barclays Global Consumer Staples Conference on...

4 months ago - Business Wire

International Flavors Stock Is the Worst Performer in the S&P 500. Here's Why.

The stock fell Tuesday after the scent and flavor maker cut its full-year sales outlook.

5 months ago - Barrons

IFF stock plunges 20% as inventory costs fuel big miss, sales outlook cut

International Flavors & Fragrances Inc. shares fell off a cliff in the extended session Monday after the company said higher inventory costs nearly doubled, and cut its sales forecast for the year.

5 months ago - Market Watch

IFF Reports Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) reported financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Consolidated Summary: Reported (GAAP)   Adjusted (Non-GAA...

5 months ago - Business Wire

IFF Announces Dr. Casper Vroemen to Succeed Dr. Gregory Yep as Chief R&D and Sustainability Officer

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announces that Dr. Gregory Yep, Chief R&D and Sustainability Officer, has resigned effective Sept. 1 to pursue a new opportunity in his professional jo...

5 months ago - Business Wire

IFF Completes Divestiture of Flavor Specialty Ingredients Business

NEW YORK--(BUSINESS WIRE)--IFF (NYSE:IFF) today announced that it successfully completed the previously announced divestiture of its Flavor Specialty Ingredients (FSI) business to Exponent, a leading ...

5 months ago - Business Wire

IFF to Release Second Quarter 2023 Results August 7

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) today announced that it will release its second quarter 2023 earnings results following the market close on Monday, August 7, 2023. The management te...

5 months ago - Business Wire

2 Stocks in Daniel Loeb's Portfolio Approach 52-Week Lows

While the market continues to contend with a potential recession as the first half of the year prepares to come to a close in a few weeks, a couple stocks in Daniel Loeb (Trades, Portfolio)'s equity p...

Other symbols: UNH
7 months ago - GuruFocus

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Intl Flavors & Fragrances (NYSE:IFF), Dow (NYSE:DOW)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: DOWTX
7 months ago - Benzinga

IFF Names New President of Nourish and Introduces Leadership Structure Aligned to New Operating Model

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that Yuvraj Arora, currently President, U.S. Categories for Kellogg North America, will join IFF as President, Nourish, effective June 19, 20...

7 months ago - Business Wire

IFF Completed Divestiture of Savory Solutions Business

NEW YORK--(BUSINESS WIRE)--IFF (NYSE:IFF) today announced that it has successfully completed the previously announced divestiture of its Savory Solutions business unit to PAI Partners (PAI), a leading...

7 months ago - Business Wire

IFF Highlights Progress Against ESG+ Strategy in New Do More Good Report

NEW YORK--(BUSINESS WIRE)--IFF (NYSE:IFF) today released its 2022 Do More Good Report, which highlights performance and progress against goals set forth in the Do More Good Plan, the Company's environ...

7 months ago - Business Wire

IFF Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Consolidated Summary: Reported (GAAP)   Adjusted (Non-GAAP...

8 months ago - Business Wire

Stocks This Week: Sell Short PayPal And International Flavors And Fragrances

The weekly S&P 500 cycle has been accurate in all five buy signals and in four of five sell signals over the last year.

Other symbols: PYPL
8 months ago - Forbes

IFF Declares Dividend for Second Quarter 2023

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.81 per share of its common stock, payable on July 11, 202...

8 months ago - Business Wire

IFF to Release First Quarter 2023 Results May 8

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE:IFF) today announced that it will release its first quarter 2023 earnings results following the market close on Monday, May 8, 2023. The management team w...

8 months ago - Business Wire

IFF Mourns the Passing of Board Chair Dale F. Morrison

NEW YORK--(BUSINESS WIRE)--With heavy hearts and deep sadness, IFF (NYSE: IFF) shares the recent passing of Dale F. Morrison, Chair of the IFF Board. Morrison served more than a decade as a member of ...

9 months ago - Business Wire

These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: SONTROX
9 months ago - Benzinga

IFF Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Investment Corporation

NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) has been notified that TRC Capital Investment Corporation has made an unsolicited “mini-tender offer” to purchase up to 1,500,000 shares of the Comp...

10 months ago - Business Wire