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 Trading Up 2.1 %

Shares of NYSE:DAR opened at $77.44 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.59 and a debt-to-equity ratio of 0.81. The business has a fifty day simple moving average of $67.04 and a two-hundred day simple moving average of $71.98. The firm has a market cap of $12.42 billion, a PE ratio of 18.48 and a beta of 1.24. Darling Ingredients has a twelve month low of $55.71 and a twelve month high of $87.59.

Darling Ingredients (NYSE:DAR - Get Rating) last issued its earnings results on Tuesday, August 9th. The company reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by ($0.12). The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.48 billion. Darling Ingredients had a net margin of 12.56% and a return on equity of 20.34%. The company's revenue for the quarter was up 37.6% on a year-over-year basis. During the same period last year, the firm earned $1.17 earnings per share. Analysts expect that Darling Ingredients will post 5.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Cowen dropped their target price on Darling Ingredients to $75.00 and set an "outperform" rating for the company in a report on Wednesday, July 27th. Stephens raised their price target on Darling Ingredients from $85.00 to $95.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 20th. Robert W. Baird raised their price target on Darling Ingredients from $100.00 to $109.00 in a research note on Thursday. Cowen assumed coverage on Darling Ingredients in a research note on Monday, April 25th. They set a "market perform" rating and a $80.00 price target for the company. Finally, Raymond James raised their price target on Darling Ingredients from $100.00 to $105.00 and gave the stock a "strong-buy" rating in a research note on Thursday. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Darling Ingredients currently has an average rating of "Moderate Buy" and a consensus price target of $96.71.

Insider Buying and Selling at Darling Ingredients

In other Darling Ingredients news, EVP John Bullock sold 12,872 shares of the stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $81.34, for a total transaction of $1,047,008.48. Following the completion of the transaction, the executive vice president now owns 109,496 shares of the company's stock, valued at $8,906,404.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Darling Ingredients news, EVP John Bullock sold 12,872 shares of the stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $81.34, for a total transaction of $1,047,008.48. Following the completion of the transaction, the executive vice president now owns 109,496 shares of the company's stock, valued at $8,906,404.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brad Phillips sold 25,000 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at $7,972,680. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,246 shares of company stock worth $4,045,338. 2.62% of the stock is currently owned by insiders.