International Flavors & Fragranc (NYSE: IFF) has reported E.P.S. of $0.67 for its second fiscal quarter (ending June 30) versus $0.11 for the same period a year ago — an increase of 509%. Relative to the consensus estimate of $0.96, this was a shortfall of $-0.29. For the latest four quarters through June 30, E.P.S. were $-9.21 compared to $-8.63 a year ago.
Recent Price Action
On 8/6/24, International Flavors & Fragranc (NYSE: IFF) stock increased 2.0%, closing at $96.48. Moreover, this advance was accompanied by unusually high trading volume at 152% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.1% during the last week.
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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. International Flavors & Fragranc has a slightly positive Appreciation Score of 69 and a good Power Rating of 76, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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