Darling Ingredients - DAR Stock Forecast, Price & News

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. 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. The company also collects and transforms various animal by-product streams into useable and specialty ingredients, such as collagen, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings, and hides. In addition, it recovers and converts used cooking oil and animal fats, and residual bakery products into valuable feed and fuel ingredients. Further, the company provides environmental services, including grease trap collection and disposal services to food service establishments. It primarily operates under the Sonac, Dar Pro, Rothsay, Rousselot, Nature Safe, CleanStar, Peptan, Cookie Meal, Bakery Feeds, Ecoson, and Rendac brand names in North America, Europe, China, South America, Australia, and internationally. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.

Darling Ingredients Stock Down 0.8 %

Shares of NYSE:DAR opened at $71.81 on Tuesday. The firm has a market cap of $11.60 billion, a PE ratio of 17.39 and a beta of 1.24. Darling Ingredients has a 12-month low of $55.71 and a 12-month high of $87.59. The company's fifty day simple moving average is $67.63 and its 200 day simple moving average is $71.62. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 0.48.

Darling Ingredients (NYSE:DAR - Get Rating) last issued its earnings results on Tuesday, May 10th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.02. Darling Ingredients had a net margin of 13.58% and a return on equity of 20.76%. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the firm earned $0.90 earnings per share. Darling Ingredients's revenue was up 30.5% on a year-over-year basis. As a group, sell-side analysts forecast that Darling Ingredients will post 5.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DAR. Cowen began coverage on shares of Darling Ingredients in a research report on Monday, April 25th. They issued a "market perform" rating and a $80.00 target price for the company. Piper Sandler boosted their target price on shares of Darling Ingredients to $98.00 in a research report on Monday, July 25th. Stephens upped their price objective on shares of Darling Ingredients from $85.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 20th. Cowen lowered their price objective on shares of Darling Ingredients to $75.00 and set an "outperform" rating for the company in a research report on Wednesday, July 27th. Finally, StockNews.com cut shares of Darling Ingredients from a "buy" rating to a "hold" rating in a research report on Tuesday, April 19th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $94.33.

Insiders Place Their Bets

In other Darling Ingredients news, EVP Der Velden Jan Van sold 17,087 shares of the company's stock in a transaction on Friday, May 13th. The shares were sold at an average price of $76.21, for a total transaction of $1,302,200.27. Following the transaction, the executive vice president now owns 67,708 shares in the company, valued at $5,160,026.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, CFO Brad Phillips sold 25,000 shares of the stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $79.00, for a total value of $1,975,000.00. Following the completion of the sale, the chief financial officer now owns 100,920 shares in the company, valued at $7,972,680. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Der Velden Jan Van sold 17,087 shares of the stock in a transaction dated Friday, May 13th. The shares were sold at an average price of $76.21, for a total transaction of $1,302,200.27. Following the completion of the sale, the executive vice president now owns 67,708 shares of the company's stock, valued at approximately $5,160,026.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 67,333 shares of company stock worth $5,347,539. Insiders own 2.62% of the company's stock.