Valued at a market cap of $19.9 billion, International Flavors & Fragrances Inc. (IFF) manufactures and markets food, beverage, health and biosciences, scent, pharma solutions, and complementary adjacent products internationally. Based in New York, the company operates in four segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions.
Shares of IFF have significantly underperformed the broader market over the past 52 weeks. IFF has crumbled 20.6% over this period, while the broader S&P 500 Index ($SPX) has gained 12.5%. Moreover, shares of IFF are down 8.1% on a YTD basis, compared to SPX’s 1.3% return.
