How to Buy International Flavors & Fragrances Stock
International Flavors & Fragrances Inc
International Flavors & Fragrances is a specialty chemical company located in New York, United States, which is part of the Basic Materials sector, and is traded under the ticker IFF on the NYSE exchange.
International Flavors & Fragrances stock last closed at $85.14, down 0.34% from the previous day, and has decreased 12.28% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.22 percentage points. International Flavors & Fragrances stock is currently +37.08% from its 52-week low of $62.11, and -12.67% from its 52-week high of $97.49.
There are currently 255.31M IFF shares outstanding. The market capitalization of IFF is $21.74B. In the past 24 hours, 1.07M IFF shares were traded.
How to Buy International Flavors & Fragrances Stock
Not sure how to invest in International Flavors & Fragrances stock? Here's how.
- Choose where to buy International Flavors & Fragrances stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy International Flavors & Fragrances stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your info.
- Evaluate International Flavors & Fragrances stock: The International Flavors & Fragrances ticker symbol is IFF. Is International Flavors & Fragrances stock a good investment? Should you buy shares of IFF? How do IFF's underlying business fundamentals look? Do top analysts think International Flavors & Fragrances is a good buy? Why has IFF's stock price moved recently? (Hint: Our stock research website can help you figure out if IFF is a good stock to buy).
- Execute your IFF buy order: Decide if you will purchase IFF shares at the current market price or use a limit order to buy IFF shares at a particular price.
- Get key alerts regarding your IFF position: Create a watchlist to keep tabs on your investment in International Flavors & Fragrances shares.
Step 1: Choose where to buy International Flavors & Fragrances stock
You will need an online brokerage account to access the NYSE market and buy IFF stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to invest in IFF today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best investment app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing funds into your new investment account.
Step 4: Evaluate International Flavors & Fragrances stock
Once you have identified the best place to buy International Flavors & Fragrances stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk and upside.
International Flavors & Fragrances Metrics
International Flavors & Fragrances Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on IFF's stock page.
How is IFF stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge IFF's intrinsic value.
Using relative valuations methods:
- IFF could be undervalued based on its P/B ratio of 1.49x, relative to Specialty Chemicals industry P/B ratio of 3.36x
You can do more valuation research on IFF's stock here.
IFF Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the IFF balance sheet.
- Total IFF debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the IFF balance sheet.
- IFF earnings of -$2.14B is not enough to cover its interest payments.
- IFF profit margin has gone down from -15% to -22.4% in the past year.
- IFF's operating cash flow of $1.44B allows it to safely service it's debt of $10.71B.
- IFF has a relatively high debt to equity ratio of 1.12.
Is IFF stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 13 sell side analysts who research IFF, the consensus analyst rating on IFF is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent IFF Analyst Recommendations
John Roberts, a top 5% analyst from Mizuho maintains IFF with a hold rating and raises their IFF price target from $83.00 to $91.00, on Mar 20, 2024.
Ghansham Panjabi, a top 17% analyst from Baird maintains IFF with a buy rating and raises their IFF price target from $80.00 to $85.00, on Feb 22, 2024.
Chris Parkinson, a top 13% analyst from Mizuho maintains IFF with a hold rating and lowers their IFF price target from $86.00 to $82.00, on Feb 21, 2024.
Mark Astrachan, a top 5% analyst from Stifel Nicolaus maintains IFF with a hold rating and lowers their IFF price target from $87.00 to $80.00, on Feb 21, 2024.
Laurence Alexander, a top 15% analyst from Jefferies upgrades IFF to a strong buy rating and raises their IFF price target from $73.00 to $112.00, on Jan 12, 2024.
You can dive deeper into what analysts are forecasting on the International Flavors & Fragrances stock forecast page.
Metrics for Advanced IFF Traders
Is IFF Making Money?
Last year, IFF revenue was $11.48B. In the last five year, IFF's revenue has grown by 23.61% per year. This was faster than the Specialty Chemicals industry average of 9.4%.
You can research IFF's earnings and revenue performance here.
Are IFF executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at IFF have sold more shares than they have bought.
Simon Herriott, Pres. Health Biosci. Scent of IFF, was the latest IFF insider to sell. They sold $32,169.24 worth of IFF shares on Apr 5, 2024.
Get more info about who owns IFF stock here.
Does IFF provide a stable income stream?
International Flavors & Fragrances pays a dividend of 3.32%, compared to the Specialty Chemicals industry's average dividend yield of 3.48%. If you owned $1,000 of IFF stock, you would have received $33.24 last year.
International Flavors & Fragrances dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about International Flavors & Fragrances dividend yield and history here.
What do other traders have to say about IFF?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your IFF buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open button and eToro will execute your order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your IFF position
Now that you own some IFF shares, you'll want to keep up with your new shares.
Start a watchlist to monitor your IFF stock.
IFF Feed
How to Buy Stock in International Flavors & Fragrances
To summarize, here are the 6 steps to buy International Flavors & Fragrances stock:
- Choose where to buy International Flavors & Fragrances stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate International Flavors & Fragrances stock
- Execute your IFF buy order
- Get key alerts regarding your IFF position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in International Flavors & Fragrances, create a watchlist on WallStreetZen today.
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