With 2.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.41 million shares. The 52-week range on IFF shows that it touched its highest point at $106.77 and its lowest point at $72.94 during that stretch. It currently has a 1-year price target of $98.68. With its current market cap of 20.49 billion, IFF has annualized dividend of $1.60 while the current yield stands at 2.00%. Beta for the stock currently stands at 1.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IFF was down-trending over the past week, with a drop of -5.36%, but this was down by -6.32% over a month. Three-month performance dropped to -6.97% while six-month performance fell -18.98%. The stock lost -1.29% in the past year, while it has lost -5.22% so far this year. A look at the trailing 12-month EPS for IFF yields -9.10 with Next year EPS estimates of 4.52. For the next quarter, that number is 1.13. This implies an EPS growth rate of 0.01% for this year and 4.95% for next year. EPS is expected to grow by 4.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -24.99%.
Float and Shares Shorts:
At present, 255.68 million IFF shares are outstanding with a float of 226.28 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IFF since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.47387 being high and $4.03151 being low. For IFF, this leads to a yearly average estimate of $4.17226. Based on analyst estimates, the high estimate for the next quarter is $1.3 and the low estimate is $1.12. The average estimate for the next quarter is thus $1.21.
