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

Shares of Darling Ingredients Inc. (NYSE:DAR - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $46.00.

A number of analysts have commented on the company. TD Cowen reduced their target price on 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 target price on Darling Ingredients from $41.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, April 25th. Citigroup reduced 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. Finally, Wall Street Zen raised Darling Ingredients from a "sell" rating to a "hold" rating in a report on Friday, April 25th.

Darling Ingredients Stock Down 1.0%

DAR stock traded down $0.31 on Monday, reaching $31.17. 940,774 shares of the company traded hands, compared to its average volume of 2,247,217. Darling Ingredients has a one year low of $26.00 and a one year high of $43.49. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. The company has a market cap of $4.93 billion, a P/E ratio of 18.01 and a beta of 1.25. The firm has a fifty day simple moving average of $31.64 and a 200-day simple moving average of $34.71.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted its quarterly earnings data 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 net margin of 4.88% and a return on equity of 6.04%. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the business earned $0.50 EPS. The firm's quarterly revenue was down 2.8% on a year-over-year basis. Research analysts anticipate that Darling Ingredients will post 2.81 earnings per share for the current year.

Hedge Funds Weigh In On Darling Ingredients

A number of institutional investors and hedge funds have recently modified their holdings of DAR. Heck Capital Advisors LLC purchased a new position in shares of Darling Ingredients in the 4th quarter worth $25,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Darling Ingredients in the 1st quarter worth $30,000. Wilmington Savings Fund Society FSB boosted its stake in shares of Darling Ingredients by 157.1% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock worth $40,000 after buying an additional 721 shares during the last quarter. Hexagon Capital Partners LLC boosted its stake in shares of Darling Ingredients by 33.3% in the 1st quarter. Hexagon Capital Partners LLC now owns 2,000 shares of the company's stock worth $62,000 after buying an additional 500 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of Darling Ingredients by 207.1% in the 1st quarter. UMB Bank n.a. now owns 2,036 shares of the company's stock worth $64,000 after buying an additional 1,373 shares during the last quarter. 94.44% of the stock is currently owned by hedge funds and other institutional investors.

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.