Darling Ingredients Inc. (NYSE:DAR) Given Consensus Recommendation of "Moderate Buy" by Analysts

Darling Ingredients Inc. (NYSE:DAR - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $46.00.

A number of analysts have recently issued reports on the company. Citigroup decreased their target price on Darling Ingredients from $45.00 to $44.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. TD Cowen decreased their price objective on shares of Darling Ingredients from $37.00 to $34.00 and set a "hold" rating for the company in a report on Friday, April 25th. Robert W. Baird reduced their price objective on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Finally, Wall Street Zen raised Darling Ingredients from a "sell" rating to a "hold" rating in a report on Friday, April 25th.

Institutional Trading of Darling Ingredients

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC boosted its position in Darling Ingredients by 32.8% during the third quarter. Barclays PLC now owns 1,332,869 shares of the company's stock valued at $49,529,000 after purchasing an additional 328,893 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in shares of Darling Ingredients during the 4th quarter valued at about $679,000. KBC Group NV raised its stake in shares of Darling Ingredients by 180.1% in the 4th quarter. KBC Group NV now owns 104,143 shares of the company's stock valued at $3,509,000 after acquiring an additional 66,966 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Darling Ingredients by 24.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 55,501 shares of the company's stock worth $1,870,000 after purchasing an additional 11,021 shares during the last quarter. Finally, Swedbank AB grew its holdings in Darling Ingredients by 180.2% during the fourth quarter. Swedbank AB now owns 64,738 shares of the company's stock valued at $2,181,000 after purchasing an additional 41,637 shares during the last quarter. Institutional investors and hedge funds own 94.44% of the company's stock.

Darling Ingredients Stock Performance

DAR traded down $0.35 on Monday, hitting $30.78. 163,877 shares of the company traded hands, compared to its average volume of 2,224,762. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $4.87 billion, a PE ratio of 17.78 and a beta of 1.25. The company has a 50 day moving average of $31.67 and a 200-day moving average of $34.63. Darling Ingredients has a 12-month low of $26.00 and a 12-month high of $43.49.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.36). Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the prior year, the company earned $0.50 EPS. The business's revenue was down 2.8% on a year-over-year basis. Sell-side analysts anticipate that Darling Ingredients will post 2.81 earnings per share for the current year.

About Darling Ingredients

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.