Internationa Flavors & Fragrances (IFF) Getting Somewhat Positive News Coverage, AlphaOne Reports

Media headlines about Internationa Flavors & Fragrances (NYSE:IFF) have been trending somewhat positive recently, according to Alpha One. The research firm, a division of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Internationa Flavors & Fragrances earned a news sentiment score of 0.03 on Alpha One’s scale. Alpha One also assigned media headlines about the specialty chemicals company an impact score of 46 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news stories that may have effected AlphaOne Sentiment’s analysis:

Insider Buying and Selling by Quarter for Internationa Flavors & Fragrances (NYSE:IFF)

Internationa Flavors & Fragrances (IFF) traded up 0.84% during trading on Tuesday, reaching $137.29. 112,436 shares of the company’s stock were exchanged. The firm has a market capitalization of $10.84 billion, a price-to-earnings ratio of 27.31 and a beta of 1.07. Internationa Flavors & Fragrances has a 52 week low of $113.16 and a 52 week high of $143.64. The stock has a 50-day moving average price of $136.10 and a 200 day moving average price of $127.52.

Internationa Flavors & Fragrances (NYSE:IFF) last released its earnings results on Monday, May 8th. The specialty chemicals company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.01. Internationa Flavors & Fragrances had a return on equity of 26.75% and a net margin of 12.72%. The company had revenue of $828.30 million during the quarter, compared to the consensus estimate of $833.73 million. During the same quarter last year, the company earned $1.45 earnings per share. Internationa Flavors & Fragrances’s quarterly revenue was up 5.7% compared to the same quarter last year. Equities research analysts forecast that Internationa Flavors & Fragrances will post $5.74 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 7th. Shareholders of record on Monday, June 26th will be issued a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date is Thursday, June 22nd. Internationa Flavors & Fragrances’s dividend payout ratio (DPR) is currently 50.89%.

Several analysts have weighed in on the stock. Zacks Investment Research raised shares of Internationa Flavors & Fragrances from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a research report on Monday, May 1st. Stifel Nicolaus boosted their target price on shares of Internationa Flavors & Fragrances from $123.00 to $127.00 and gave the stock a “hold” rating in a research report on Monday, March 27th. Barclays PLC reissued a “sell” rating on shares of Internationa Flavors & Fragrances in a research report on Friday, May 12th. BidaskClub downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Thursday, June 15th. Finally, Vertical Group downgraded shares of Internationa Flavors & Fragrances from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $139.83.

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In other news, major shareholder Winder Investment Pte Ltd purchased 21,990 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The stock was acquired at an average price of $135.91 per share, with a total value of $2,988,660.90. Following the purchase, the insider now directly owns 9,150,793 shares of the company’s stock, valued at approximately $1,243,684,276.63. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Francisco Fortanet sold 300 shares of Internationa Flavors & Fragrances stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $138.65, for a total value of $41,595.00. Following the transaction, the executive vice president now directly owns 20,294 shares of the company’s stock, valued at approximately $2,813,763.10. The disclosure for this sale can be found here. In the last three months, insiders acquired 495,140 shares of company stock valued at $67,691,529. 0.48% of the stock is owned by corporate insiders.

About Internationa Flavors & Fragrances

International Flavors & Fragrances Inc creates, manufactures and supplies flavors and fragrances (including cosmetic active ingredients) used to impart or improve flavor or fragrance in a range of consumer products. The Company operates in two segments: Flavors and Fragrances. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

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