International Flavors & Fragrances (IFF) Expected to Announce Quarterly Earnings on Tuesday

International Flavors & Fragrances (NYSE:IFF) is anticipated to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.83 per share and revenue of $2.67 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

International Flavors & Fragrances Stock Performance

Shares of IFF opened at $85.60 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.62 and a quick ratio of 1.93. The stock has a market capitalization of $21.89 billion, a PE ratio of -9.42, a price-to-earnings-growth ratio of 1.54 and a beta of 1.19. International Flavors & Fragrances has a 12-month low of $72.94 and a 12-month high of $106.77. The business’s fifty day moving average price is $85.25 and its 200 day moving average price is $93.93.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on IFF shares. Argus upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Barclays cut their target price on International Flavors & Fragrances from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Citigroup cut their target price on International Flavors & Fragrances from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th. Vertical Research upgraded International Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a research note on Thursday, November 7th. Finally, Oppenheimer cut their target price on International Flavors & Fragrances from $117.00 to $114.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $107.77.

About International Flavors & Fragrances

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B’s Food & Beverage division and the food protection business of N&B’s Health & Biosciences division.