IFF

International Flavors & Fragrances Inc

Consumer, Industrial/Transportation


Presented:05/10/2018
Price:$127.44
Cap:$10.12B
Current Price:$106.07
Cap:$27.12B

Presented

Date05/10/2018
Price$127.44
Market Cap$10.12B
Ent Value$12.28B
P/E Ratio32.76x
Book Value$22.47
Div Yield2.17%
Shares O/S79.00M
Ave Daily Vol558,840
Short Int1.72%

Current

Price$106.07
Market Cap$27.12B
International Flavors & Fragrances, Inc. engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Flavors, Fragrances, and Global Expenses. The Flavor segment is sold to the food and beverage industries for use in consumer products such as prepared foods, beverages, dairy, food, and sweet products. The Fragrances segment comprises of fragrance compounds, fragrance ingredients, and cosmetic active ingredients. The Global Expenses segment refers to corporate and headquarter-related expenses which include legal, finance, human resources, and research and development, and other administrative expenses. The company was founded in 1958 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Frutarom Industries Ltd (FRUT IT), International Flavors & Fragrances Inc (IFF)

Highlights

The presenter is short shares of International Flavors & Fragrances (IFF), expressing skepticism on IFF’s recent acquisition of Frutarom. The presenter feels the fragmented nature of Frutarom will make it difficult for IFF to efficiently realize synergies. He speculates that IFF could be using the acquisition as a way to obscure more challenged organic revenues and earnings over the next year.

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Idea Discussion

Commentor 1 - 2 weeks ago

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