International Flavors & Fragrances Inc

IFF: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$388.00	Kwz	Pvhhlpzx

International Flavors & Fragrances Earnings: Dividend Cut 50% to Accelerate Debt Repayment

Seth Goldstein

Feb 21, 2024

We're maintaining our $130 fair value estimate and wide moat rating for International Flavors & Fragrances following the company's fourth-quarter results.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.