Darling Ingredients Inc. (NYSE:DAR) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Moderate Buy consensus from 12 analysts (1 sell, 1 hold, 9 buy, 1 strong buy) with an average 1‑year price target of $64.56.
• CEO Randall C. Stuewe sold 20,000 shares at an average price of $52.12 on March 6, reducing his stake by 1.76%; insiders own 1.90% of the stock while institutional investors hold 94.44%.
• The stock opened at $58.46 (12‑month range $28.32–$64.90), has a market cap of $9.28B and a P/E of ~150, reported last quarter EPS of $0.35 on $1.71B revenue, and analysts forecast FY EPS of 2.81.

Darling Ingredients Inc. (NYSE:DAR - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twelve analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $64.5556.

Several equities research analysts recently weighed in on the company. Wall Street Zen cut Darling Ingredients from a "buy" rating to a "hold" rating in a report on Sunday, March 22nd. Zacks Research cut Darling Ingredients from a "strong-buy" rating to a "hold" rating in a report on Friday, January 16th. Robert W. Baird increased their target price on Darling Ingredients from $64.00 to $75.00 and gave the company an "outperform" rating in a report on Tuesday, April 7th. TD Cowen increased their target price on Darling Ingredients from $45.00 to $58.00 and gave the company a "buy" rating in a report on Friday, February 13th. Finally, Jefferies Financial Group increased their target price on Darling Ingredients from $66.00 to $73.00 and gave the company a "buy" rating in a report on Friday, April 10th.

Insider Activity

In other Darling Ingredients news, CEO Randall C. Stuewe sold 20,000 shares of the business's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $52.12, for a total value of $1,042,400.00. Following the transaction, the chief executive officer owned 1,117,085 shares in the company, valued at approximately $58,222,470.20. The trade was a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.90% of the company's stock.

Hedge Funds Weigh In On Darling Ingredients

A number of hedge funds have recently modified their holdings of the company. Coldstream Capital Management Inc. lifted its holdings in Darling Ingredients by 3.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 7,701 shares of the company's stock worth $277,000 after buying an additional 267 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in Darling Ingredients by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 48,856 shares of the company's stock worth $1,508,000 after buying an additional 304 shares during the period. NBC Securities Inc. lifted its holdings in Darling Ingredients by 1.3% in the 4th quarter. NBC Securities Inc. now owns 24,318 shares of the company's stock worth $875,000 after buying an additional 318 shares during the period. Union Bancaire Privee UBP SA lifted its holdings in Darling Ingredients by 1.7% in the 4th quarter. Union Bancaire Privee UBP SA now owns 20,457 shares of the company's stock worth $731,000 after buying an additional 342 shares during the period. Finally, UMB Bank n.a. lifted its holdings in Darling Ingredients by 21.2% in the 4th quarter. UMB Bank n.a. now owns 2,026 shares of the company's stock worth $73,000 after buying an additional 354 shares during the period. Hedge funds and other institutional investors own 94.44% of the company's stock.

Darling Ingredients Price Performance

DAR opened at $58.46 on Thursday. The stock has a 50-day moving average price of $55.59 and a 200-day moving average price of $42.75. Darling Ingredients has a 12-month low of $28.32 and a 12-month high of $64.90. The company has a current ratio of 1.50, a quick ratio of 0.99 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $9.28 billion, a P/E ratio of 149.90, a PEG ratio of 0.44 and a beta of 1.08.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.35 earnings per share (EPS) for the quarter. The firm had revenue of $1.71 billion during the quarter. Darling Ingredients had a return on equity of 2.36% and a net margin of 1.02%. Equities analysts predict that Darling Ingredients will post 2.81 earnings per share for the current fiscal year.

About Darling Ingredients

Darling Ingredients Inc NYSE: DAR is a global leader in converting edible and inedible bio-nutrient streams into sustainable food, feed ingredients, renewable fuels and specialty products. Founded in 1882 and headquartered in Irving, Texas, the company builds on more than a century of experience in animal rendering and by-product recycling. Over time, Darling has expanded its capabilities beyond traditional rendering to include advanced processing technologies that support a circular economy and reduce waste from food and agricultural industries.

The company's core operations revolve around four primary segments: Feed Ingredients & Services, Food & Nutrition, Fuel Ingredients & Services, and Specialty Ingredients.

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