136.40 0.00 (0.00%)
After hours: 5:02PM EST
|Bid||136.76 x 800|
|Ask||139.30 x 800|
|Day's Range||135.27 - 137.36|
|52 Week Range||104.86 - 152.95|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||40.13|
|Forward Dividend & Yield||3.00 (2.19%)|
|1y Target Est||N/A|
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...
Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) reported second-quarter revenue of CA$6.51 million ($4.9 million) on Monday and announced a partnership with International Flavors & Fragrances Inc. (NYSE: IFF). Neptune also noted recent milestones such as the acquisition of SugarLeaf assets, which included the CBD consumer brand Forest Remedies; and its entrance into a strategic partnership with American Media LLC. On Monday, Neptune announced a collaboration agreement with International Flavors & Fragrances Inc. to co-develop hemp-derived CBD products targeting mass retail and health and wellness markets.
Neptune Wellness Solutions Inc. reported Monday a fiscal second-quarter net loss that widened to C$20.78 million ($15.7 million), from a loss of $3.05 million a year ago. The Canada-based cannabis extraction company said the increased loss is due primarily to an increase in stock-based compensation expense, depreciation and amortization and increased expenses on contingent consideration. Revenue fell to C$6.51 million ($4.9 million) from C$7.07 million. Cannabis revenue reached C$1.22 million after having no cannabis revenue last year, while nutraceutical revenue fell to C$5.15 million from C$7.07 million, due to the timing of orders of the nutrition business. Separately, Neptune announced an agreement with International Flavors & Fragrances Inc. to develop hemp-derived cannabidiol (CBD) products for the mass retail and health and wellness markets. Under terms of the agreement, Neptune will issue 2 million warrants to IFF, which each warrant allowing the purchase of one Neptune common share at an exercise price of $12.00 per share. The co-development agreement will include a variety of topical aromatherapy products. Neptune's U.S.-listed stock, which was still inactive in premarket trading, has tumbled 27% over the past three months, while the ETFMG Alternative Harvest ETF has plunged 31% and the S&P 500 has gained 6.0%.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of International Flavors & Fragrances, Inc. New York, November 07, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of International Flavors & Fragrances, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The global market for flavors and fragrances continues to grow fueled by rising demand for consumer products, which bodes well for the International Flavors & Fragrances (IFF).
International Flavors & Fragrances Inc. stock rose 8.4% Tuesday, putting it on track for its biggest one-day gain since Aug. 8, 2012, after the company . The company said it had net income of $127.1 million, or $1.13 a share, in the quarter, compared with $95.7 million, or $1.17 a share, in the year-earlier period. Adjusted per-share earnings came to $1.20, or $1.53, excluding amortization. Sales rose to $1.27 billion from $907.5 million. The FactSet consensus was for EPS of $1.53 and sales of $1.29 billion. Chief Executive Andreas Fibig said scent continued to perform well, posting single-digit growth. "In Taste, our win rate remains high, yet performance continued to be impacted by volume erosion," he said in a statement. "On a two-year basis, Taste growth remained solid when we factor in a high single-digit year-ago comparison." The company said the fourth quarter is off to a good start and that it expects to meet the low end of guidance for adjusted EPS and sales. The company offered an update on a review of allegations that improper payments were made to customer reps in Russia and the Ukraine, and found they were substantiated, and that key members of Frutarom's senior management were aware. Those individuals have been replaced. The stock is down about 0.6% in 2019, while the S&P 500 has gained 23%.
International Flavors (IFF) records growth in operating margin and generates strong free cash flow, aided by productivity savings and acquisition-related synergies in Q3.
International Flavors (IFF) delivered earnings and revenue surprises of -0.65% and -1.61%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
An international food products supplier is closing its plant south of Dayton, eliminating 86 jobs. International Flavors & Fragrances, Inc. (NYSE: IFF), a New York-based company that produces and markets flavors, fragrances and cosmetic actives, filed a Worker Adjustment Retraining Notification (WARN) Oct. 31 with the state of Ohio indicating that it plans to shutter its plant at 10139 Commerce Park Drive in West Chester Township. The plant operates as Frutarom USA Inc., an arm of Israeli-owned Frutarom Industries Ltd. that produces and distributes chemicals and flavorings.
A New York-based flavor company is closing its Greater Cincinnati plant, which specialized in the production of extracts for flavors and fragrances. The move will result in the layoffs of 86 workers.
International Flavors' (IFF) Q3 performance likely to reflect benefits from cost and productivity initiatives, margin improvements and acquisition-related synergies amid raw-material cost inflation.
International Flavors (IFF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
International Flavors & Fragrances Inc. (NYSE:IFF) saw a double-digit share price rise of over 10% in the past couple...
Is International Flavors & Fragrances Inc (NYSE:IFF) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial […]
International Flavors' (IFF) formulation and technological expertise will help Neptune accelerate its market infiltration in the U.S. CBD market.
Neptune Wellness Solutions Inc. (NASDAQ: NEPT ) (TSX: NEPT) announced Wednesday it's pursuing a partnership with International Flavors & Fragrances Inc. (NYSE: IFF) to co-develop hemp-derived CBD products. ...
International Flavors (IFF) is worth retaining in the portfolio at the moment, backed by acquisitions as well as the company's diverse product portfolio and solid growth projections.
International Flavors (IFF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On 30 June 2019, International Flavors & Fragrances Inc. (NYSE:IFF) announced its earnings update. Overall, analysts...
International Flavors & Fragrances is a top-quality name that now sits near a four-year low, despite being poised to set new earnings-per-share records this year and next.