Scotiabank Raises Earnings Estimates for Darling Ingredients

Key Points

• Scotiabank raised its FY2026 EPS estimate for Darling Ingredients to $3.80 (from $3.30), kept a "Sector Outperform" rating and set a $70 price target, while forecasting FY2027 EPS of $3.60.
• Several brokers have boosted targets and ratings recently — the consensus is a "Buy" with a $66 average target as firms like Jefferies, JPMorgan, BMO and TD Cowen raised prices and Zacks moved to "Strong Buy."
• Latest quarter showed $0.35 EPS on $1.71 billion revenue; the stock trades around $60 with a market cap of about $9.6 billion, a high PE (~154.7) and a 1‑year range of $29.15–$64.90, while institutional ownership is roughly 94%.

Darling Ingredients Inc. (NYSE:DAR - Free Report) - Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of Darling Ingredients in a report released on Thursday, April 23rd. Scotiabank analyst P. Cheng now forecasts that the company will post earnings per share of $3.80 for the year, up from their previous estimate of $3.30. Scotiabank currently has a "Sector Outperform" rating and a $70.00 target price on the stock. The consensus estimate for Darling Ingredients' current full-year earnings is $3.63 per share. Scotiabank also issued estimates for Darling Ingredients' FY2027 earnings at $3.60 EPS.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its earnings results on Thursday, January 29th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $1.71 billion for the quarter. Darling Ingredients had a net margin of 1.02% and a return on equity of 2.36%.

DAR has been the subject of a number of other research reports. Jefferies Financial Group boosted their price objective on shares of Darling Ingredients from $66.00 to $73.00 and gave the company a "buy" rating in a report on Friday, April 10th. BMO Capital Markets upped their target price on shares of Darling Ingredients from $45.00 to $57.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. JPMorgan Chase & Co. upped their target price on shares of Darling Ingredients from $59.00 to $69.00 and gave the company an "overweight" rating in a research note on Tuesday, March 24th. TD Cowen upped their target price on shares of Darling Ingredients from $45.00 to $58.00 and gave the company a "buy" rating in a research note on Friday, February 13th. Finally, Zacks Research raised shares of Darling Ingredients from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Darling Ingredients currently has a consensus rating of "Buy" and a consensus target price of $66.00.

Darling Ingredients Stock Up 0.3%

Shares of NYSE DAR opened at $60.34 on Tuesday. The firm has a market capitalization of $9.58 billion, a PE ratio of 154.71 and a beta of 1.08. The company has a current ratio of 1.50, a quick ratio of 0.99 and a debt-to-equity ratio of 0.80. Darling Ingredients has a 1 year low of $29.15 and a 1 year high of $64.90. The firm's 50-day moving average is $57.28 and its 200-day moving average is $44.44.

Insider Activity at Darling Ingredients

In other news, CEO Randall C. Stuewe sold 20,000 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $52.12, for a total transaction of $1,042,400.00. Following the sale, the chief executive officer owned 1,117,085 shares of the company's stock, valued at $58,222,470.20. This trade represents a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Darling Ingredients

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Darling Ingredients by 3.4% during the 4th quarter. Vanguard Group Inc. now owns 15,394,342 shares of the company's stock worth $554,196,000 after buying an additional 512,219 shares during the period. Dimensional Fund Advisors LP raised its holdings in Darling Ingredients by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,019,406 shares of the company's stock worth $288,704,000 after buying an additional 242,857 shares during the period. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Darling Ingredients by 6.0% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,122,104 shares of the company's stock worth $158,119,000 after buying an additional 287,665 shares during the period. Davis Selected Advisers raised its holdings in Darling Ingredients by 15.8% during the 4th quarter. Davis Selected Advisers now owns 2,842,306 shares of the company's stock worth $102,324,000 after buying an additional 388,366 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Darling Ingredients by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 2,839,649 shares of the company's stock worth $102,249,000 after buying an additional 76,151 shares during the period. 94.44% of the stock is currently owned by institutional investors and hedge funds.

Darling Ingredients Company Profile

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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