International Flavors & Fragrances Inc. [NYSE: IFF] surged by $5.67 during the normal trading session on while it closed the day at $94.33.
International Flavors & Fragrances Inc. stock has also gained 11.44% of its value over the past 7 days. However, IFF stock has inclined by 16.79% in the 3 months of the year. Over the past six months meanwhile, it has gained 29.73% and gained 16.50% year-on date.
The market cap for IFF stock reached $24.08 billion, with 255.29 million shares outstanding and 229.81 million shares in the current float. Compared to the average trading volume of 2.23M shares, IFF reached a trading volume of 4635216 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about International Flavors & Fragrances Inc. [IFF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IFF shares is $89.72 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IFF stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for International Flavors & Fragrances Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on April 18, 2024. While these analysts kept the previous recommendation, Citigroup dropped their target price from $81 to $100. The new note on the price target was released on April 10, 2024, representing the official price target for International Flavors & Fragrances Inc. stock.
The Average True Range (ATR) for International Flavors & Fragrances Inc. is set at 2.24, with the Price to Sales ratio for IFF stock in the period of the last 12 months amounting to 2.12. The Price to Book ratio for the last quarter was 1.69, with the Price to Cash per share for the same quarter was set at 2.89. Price to Free Cash Flow for IFF in the course of the last twelve months was 24.96 with Quick ratio for the last quarter at 1.05.
IFF stock trade performance evaluation
International Flavors & Fragrances Inc. [IFF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.44. With this latest performance, IFF shares gained by 10.86% in over the last four-week period, additionally plugging by 29.73% over the last 6 months – not to mention a drop of -2.20% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IFF stock in for the last two-week period is set at 75.22, with the RSI for the last a single of trading hit 81.87, and the three-weeks RSI is set at 70.35 for International Flavors & Fragrances Inc. [IFF]. The present Moving Average for the last 50 days of trading for this stock 83.01, while it was recorded at 88.09 for the last single week of trading, and 76.16 for the last 200 days.
International Flavors & Fragrances Inc. [IFF]: An insightful look at the core fundamentals
International Flavors & Fragrances Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.05 and a Current Ratio set at 1.68.
Earnings per share (EPS) analysis for International Flavors & Fragrances Inc. [IFF] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IFF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for International Flavors & Fragrances Inc. go to 12.15%.
International Flavors & Fragrances Inc. [IFF]: Institutional Ownership
The top three institutional holders of IFF stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in IFF stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in IFF stock with ownership which is approximately 5.8386%.
