11.11% to Target, Wunderlich Keeps Buy Rating for Zagg (ZAGG) Stock, International Flavors & Fragrances (IFF) Has 1.01 Sentiment

June 12, 2017 - By Kurt Siggers

International Flavors & Fragrances Inc. creates, makes and supplies flavors and fragrances used to impart or improve flavor or fragrance in a range of consumer products. The company has market cap of $10.96 billion. The Firm operates in two divisions: Flavors and Fragrances. It has a 27.25 P/E ratio. The Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products.

Among 3 analysts covering ZAGG (NASDAQ:ZAGG), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. ZAGG has $10 highest and $8 lowest target. $8.33’s average target is -7.44% below currents $9 stock price. ZAGG had 5 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, May 11 by Wunderlich. On Wednesday, November 2 the stock rating was maintained by Wunderlich with “Buy”. The stock of Zagg Inc (NASDAQ:ZAGG) has “Neutral” rating given on Wednesday, August 5 by TH Capital. The stock of Zagg Inc (NASDAQ:ZAGG) earned “Hold” rating by Craig Hallum on Thursday, August 27.

ZAGG Inc designs, produces and distributes professional product solutions for mobile devices, including screen protection (glass and film), keyboards for tablet computers and mobile devices, keyboard cases, earbuds, mobile power solutions, cables, and cases under the ZAGG and InvisibleShield brands. The company has market cap of $260.33 million. In addition, the Company designs, produces and distributes earbuds, headphones, mobile power solutions, Bluetooth speakers, cases and cables for mobile devices under the iFrogz brand in the fashion and youth oriented lifestyle sector. It currently has negative earnings. The Firm creates product solutions for users of mobile devices, and sells these products to clients through global distribution partners and online.

Analysts await Zagg Inc (NASDAQ:ZAGG) to report earnings on August, 1. They expect $0.12 EPS, up 9.09% or $0.01 from last year’s $0.11 per share. ZAGG’s profit will be $3.47M for 18.75 P/E if the $0.12 EPS becomes a reality. After $-0.12 actual EPS reported by Zagg Inc for the previous quarter, Wall Street now forecasts -200.00% EPS growth.

Investors sentiment increased to 1.11 in Q4 2016. Its up 0.23, from 0.88 in 2016Q3. It improved, as 13 investors sold Zagg Inc shares while 34 reduced holdings. 25 funds opened positions while 27 raised stakes. 21.87 million shares or 0.89% more from 21.68 million shares in 2016Q3 were reported. Hotchkis Wiley Capital Mgmt Limited Liability has 0% invested in Zagg Inc (NASDAQ:ZAGG). Credit Suisse Ag stated it has 30,272 shares. Commonwealth Fincl Ltd Liability Corp owns 100 shares. American Grp holds 15,859 shares or 0% of its portfolio. Geode Mngmt owns 200,812 shares or 0% of their US portfolio. Moreover, Rhumbline Advisers has 0% invested in Zagg Inc (NASDAQ:ZAGG). Emerald Advisers Pa holds 32,270 shares or 0.01% of its portfolio. Wells Fargo Mn invested 0% of its portfolio in Zagg Inc (NASDAQ:ZAGG). 234,895 are owned by Gsa Prns Llp. Ancora Advsrs Ltd Liability Com owns 0.02% invested in Zagg Inc (NASDAQ:ZAGG) for 45,500 shares. Savings Bank Of America De invested in 0% or 22,889 shares. Vanguard Gp has 0% invested in Zagg Inc (NASDAQ:ZAGG) for 1.04 million shares. Citadel Advsr Limited Liability Co holds 0% of its portfolio in Zagg Inc (NASDAQ:ZAGG) for 49,167 shares. D E Shaw Inc accumulated 115,316 shares. Parkwood, a Ohio-based fund reported 14,159 shares.

The stock increased 3.45% or $0.3 on June 9, reaching $9. About shares traded. Zagg Inc (NASDAQ:ZAGG) has risen 54.72% since June 12, 2016 and is uptrending. It has outperformed by 38.02% the S&P500.

Since January 1, 0001, it had 19 insider buys, and 6 insider sales for $121.80 million activity.

Ratings analysis reveals 17% of Intl Flavors’s analysts are positive. Out of 6 Wall Street analysts rating Intl Flavors, 1 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $103.0 while the high is $138.0. The stock’s average target of $120.67 is -12.05% below today’s ($137.2) share price. IFF was included in 6 notes of analysts from November 8, 2016. BNP Paribas downgraded the shares of IFF in report on Friday, January 6 to “Neutral” rating. On Tuesday, November 8 the stock rating was maintained by Stifel Nicolaus with “Hold”. Goldman Sachs initiated the stock with “Neutral” rating in Monday, November 21 report. Consumer Edge Research downgraded International Flavors & Fragrances Inc (NYSE:IFF) on Thursday, February 16 to “Neutral” rating. The firm has “Buy” rating given on Thursday, February 23 by UBS. The firm earned “Underweight” rating on Monday, January 9 by Barclays Capital.

The stock increased 1.11% or $1.51 on June 9, reaching $137.2. About shares traded. International Flavors & Fragrances Inc (IFF) has risen 5.32% since June 12, 2016 and is uptrending. It has underperformed by 11.38% the S&P500.