International Flavors & Fragranc (NYSE: IFF) has reported E.P.S. of $0.23 for its first fiscal quarter (ending March 31) versus $-0.04 for the same period a year ago. Relative to the consensus estimate of $1.02, this was a shortfall of $-0.79. For the latest four quarters through March 31, E.P.S. were $-9.77 compared to $-8.31 a year ago.
Recent Price Action
On 5/6/24, International Flavors & Fragranc (NYSE: IFF) stock enjoyed a large increase of 2.3%, closing at $88.66. Moreover, this advance was accompanied by above average trading volume at 122% of normal. The stock has risen 4.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
IFF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
International Flavors & Fragranc has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. International Flavors & Fragranc has a good Power Rating of 70 and a good Appreciation Score of 73, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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