International Flavors & Fragrances, Inc. (IFF)

IFF stock forecast: buy or sell

IFF stock outlook

  • Internationa Flavors & Fragrances closed today at $120.61 after barely moving a 0.15% and broke a streak of 3 sessions in positive.
  • From the chart point view, price is drawing an scaled downtrend since mid-August with lower tops and lower bottoms. this downtrend marked a -9.15% loss.
  • International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through two segments, Taste and Scent.
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Important note:
The viewpoints published in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the particular scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for learning purposes only

IFF stock charts overview

Should I buy Internationa Flavors & Fragrances stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is IFF stock a buy?

Currently, Internationa Flavors & Fragrances stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean IFF will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

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Should I sell Internationa Flavors & Fragrances stock?

Knowing when to sell a stock is even harder than knowing when to buy it. In the same way as when we have to buy shares, choosing when is appropiate to sell is not a whimsical decision, and we must adhere our own trading style. When selling, as well as buying, our strategies are very simple to use but are only valid for selling shares you already own, not for selling short Internationa Flavors & Fragrances stock

A guiding principle is that you should not keep an investment that results in losses greater than those expected by the time of the buy. The timing to sell your stock should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Internationa Flavors & Fragrances stock?

Currently, Internationa Flavors & Fragrances stock doesn't match any of our preferred sell setups, so if you hold Internationa Flavors & Fragrances stock and your operation is in profit probably is not time to sell now

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Analysts' recommendations to buy or sell Internationa Flavors & Fragrances stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the last 30 days, just one brokerage rating was published for Internationa Flavors & Fragrances

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Internationa Flavors & Fragrances ratings

Brokerage firmRating
Aug 26th, 2020
Robert W. Baird Buy

Technical analysis

Internationa Flavors & Fragrances continues in downtrend since mid-August, and has lost a -9.15%. Like in all downtrends, the stock oscillates drawing lower tops and bottoms. In this case, we have seen 2 consecutive lower tops

SMAs overview

A favorite tool of many traders are the moving averages, that easily show trend direction. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages

Supports and resistances

Investors use support and resistance levels as a way to spot price points on a chart that tend to act as barriers, containing the price of shares to move up or down. A support level is a level where the price tends to find support as it falls. Price is more likely to "rebound" this level rather than break through it. However, if the price breaks down the support, it is likely to continue falling until approaching another support level. On the contrary, resistance levels are where the price tends to find opposition as it rises. Likewise, this means that the price is more liable to "rebound" at this level, and if it finally breaches this level, it will rally easily until it hits the next resistance

The current resistances are:

  • R1: $121.19 (0.48% above)
  • R2: $121.54 (0.77% above)
  • R3: $121.95 (1.11% above)
  • The current support levels are:

  • S1: $120.54 (-0.06% below)
  • S2: $119.88 (-0.61% below)
  • S3: $119.75 (-0.71% below)
  • Bollinger bands

    This is an indicator that was created in the 1980s by John Bollinger. By essence, the Bollinger Bands are bands that run around a moving average, varying the distance from the bottom to the top depending on market volatility. They are usually drawn by an offset of two standard deviations, above and below, from a moving average line. Bollinger himself recommends the moving average period to be 20

    The evolution of the Bollinger Bands on the chart shows that they are quite tight (4.78%), which clearly indicates that price volatility is low. The compression of the Bollinger bands is often a signal of a sharp price movement (up or down), so we must be watchful and manage our buy or sell orders correctly

    Relative strength index

    The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical weakness or strength of a stock or market based on the closing prices of a recent trading period. Oscillator indicators, such as relative strength, are intended to indicate values in the range of 0-100. J. Welles Wilder introduced the relative strength indicator in the late 1970s and since then it has been widely used by traders

    When the Relative Strength Indicator moves for so long below 70 and above 30, without signaling moments of overvaluation and undervaluation, the indicator gets of little use, and we find ourselves in such a case.

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    Earnings and financials

    2nd-quarter investors event was hosted by IFF in mid-August after posting the financial report. IFF topped Wall St estimates and reported an earnings per share (EPS) of $1.36, that is a 3.82% surprise compared to the previous estimates of $1.31. Reported revenues were $1.2 billion compared to estimates of $1.2 billion.

    In comparison, the EPS for the same quarter last year was $1.61, so current EPS is a reduction of -15.53%. Sales inched down a -7.19% on an annualized basis in the 2nd-quarter, from $1.3B to $1.2B last quarter.

    IFF releases Q3 financial report on early next November. Market analysts analysts forecast earnings of %s a share of $1.45, that is a 6.62% more than Q2. If you own or you are planning to buy IFF stock, you must be aware that the earnings reporting day usually has a higher than usual volatility, and price can gap up or down with unsually low liquidity and not respecting your buy/stop-loss orders. It's always good to review company's website to confirm time and details about the earnings call and the earnings report.

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