IFF Stock Summary and Trading Ideas (Intl Flavors & Fragrances | NYSE:IFF)

International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world.

Intl Flavors & Fragrances trades on the NYSE stock market under the symbol IFF.

As of April 18, 2024, IFF stock price climbed to $84.41 with 238,385 million shares trading.

IFF has a beta of 1.01, meaning it tends to be more sensitive to market movements. IFF has a correlation of 0.11 to the broad based SPY ETF.

IFF has a market cap of $21.55 billion. This is considered a Large Cap stock.

Last quarter Intl Flavors & Fragrances reported $3 billion in Revenue and $.72 earnings per share. This beat revenue expectation by $4 million and missed earnings estimates by -$.03.

In the last 3 years, IFF stock traded as high as $157.08 and as low as $62.11.

The top ETF exchange traded funds that IFF belongs to (by Net Assets): VTI, VOO, VO, MOAT, SPY.

IFF stock has underperformed the market in the last year with a return of -9.4%, while SPY returned +23.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IFF shares. However, IFF has outperformed the market in the last 3 month and 2 week periods, returning +7.5% and -1.3%, while SPY returned +7.0% and -3.0%, respectively. This indicates IFF has been having a stronger performance recently.

IFF support price is $81.39 and resistance is $84.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IFF stock will trade within this expected range on the day.