As of September 19, 2023, International Flavors & Fragrances (IFF) is currently contemplating the potential sale of its esteemed cosmetic ingredients business, Lucas Meyer Cosmetics, which holds an estimated value of approximately $1 billion. Lucas Meyer Cosmetics is renowned for its dedication to developing, manufacturing, and promoting groundbreaking ingredients tailored for the cosmetic and personal care industry. With a focus on enhancing the skin’s innate beauty and strengths, the company prides itself on offering exceptional cosmetic active and functional ingredients. These ingredients are meticulously crafted to harness the power of phospholipids and glycolipids, derived from seed oil or other natural sources, possessing unique properties that enable the formulation of revolutionary cosmetics and personal care products.
International Flavors & Fragrances Inc.
IFF
Buy
Updated on: 19/09/2023
Financial Health
Healthy
Debt to equity ratio: Buy
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
International Flavors & Fragrances Inc. (IFF) Stock Performance and Future Outlook
On September 19, 2023, International Flavors & Fragrances Inc. (IFF) had a mixed performance in the stock market. The previous day, the stock closed at $67.40, and it opened slightly higher at $67.69. Throughout the day, the stock fluctuated within a range of $67.15 to $68.28. The trading volume was 1,663,872 shares, which is lower than the average volume of 2,310,264 shares over the past three months. The market capitalization of IFF stands at $17.6 billion.
Looking at the earnings growth of IFF, the company experienced a significant decline in the previous year with a growth rate of -764.20%. However, this year’s earnings growth improved slightly to -18.12%. Looking ahead, analysts expect a positive growth rate of 5.92% for the next five years. This indicates that the company is projected to recover and grow in the long term.
In terms of revenue growth, IFF had a positive growth rate of 6.73% in the last year. This indicates that the company has been able to increase its sales and generate more revenue. The Price/Sales ratio for IFF is 2.15, which suggests that the stock is valued at 2.15 times its annual sales. The Price/Book ratio is 1.00, indicating that the stock is valued at its book value.
In comparison to IFF, other companies in the Consumer Non-Durables sector had different performances on September 19, 2023. Coty Inc (COTY) had a slight decrease of -0.11, representing a decline of -0.95%. Elf Beauty Inc (ELF) had a more significant decline of -10.49, representing a decrease of -8.53%.
Elf Beauty Inc is scheduled to release its next earnings report on November 6, 2023. Analysts forecast an EPS of $1.36 for this quarter. In the last year, the company generated an annual revenue of $12.4 billion but incurred a net loss of -$1.9 billion. The net profit margin for Elf Beauty Inc stands at -15.02%.
Overall, the stock performance of IFF on September 19, 2023, was relatively stable, with a slight increase in the opening price. The company’s earnings and revenue growth rates have shown improvement, indicating a positive outlook for the future.
International Flavors & Fragrances Inc (IFF) Stock Forecast: Moderate Increase Expected in Next 12 Months
On September 19, 2023, International Flavors & Fragrances Inc (IFF) experienced a median target price forecast of $76.50, according to data from CNN Money. This forecast was provided by 18 analysts who predicted a range of $60.00 to $105.00 for the stock’s price over the next 12 months. The consensus among 21 polled investment analysts is to hold stock in IFF, a rating that has remained steady since September. In terms of financial performance, IFF reported earnings per share of $1.36 for the current quarter, with sales totaling $3.1 billion. The company is scheduled to release its next earnings report on November 6. Overall, the stock is expected to see a moderate increase in value over the next 12 months, according to the analysts’ median target price. However, it is important to note that individual forecasts vary significantly, with a high estimate of $105.00 and a low estimate of $60.00. Investors should consider these forecasts and the consensus rating of holding stock in IFF when making investment decisions. It is also important to stay updated on the company’s financial reports and any news or events that may impact its performance.
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