International Flavors & Fragrances Inc. (IFF) stocks have been a topic of discussion among investors, particularly considering the company's diverse plays. The discussion comprises of
Tony Roma who has bought more shares, the
clear uptick in the company's share price, along with
impressive Q2 2024 results. However, arguments are also emerging on IFF's balance sheet strength. The profitability of IFF investors has not been high for the past three years. This may have influenced
Truist Financial Corp to diminish their holdings in IFF significantly. The company has registered a stock underperformance compared to its competitors, and its stock pice rose to a new 52-week high at $105.44.
IFF has announced the sale of its pharma unit to France's Roquette in a $2.85 billion deal. Despite facing an EU fine for obstructing an investigation of a suspected fragrance cartel, the firm is gearing up to
establish a new Innovation Center. While IFF's SWOT analysis indicates a possible stock market shift, the Q2 results have beaten estimates, earning the interest of billionaire Carl Icahn. It is important to note that there has been an announcement about reducing the IFF dividend to $0.40.
International Flavors Fragrances IFF News Analytics from Mon, 23 Oct 2023 07:00:00 GMT to Sat, 12 Oct 2024 08:20:39 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor 5
