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 1.2 %

DAR opened at $76.48 on Tuesday. The company has a fifty day moving average price of $66.89 and a 200-day moving average price of $72.08. The firm has a market capitalization of $12.27 billion, a P/E ratio of 18.25 and a beta of 1.24. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.59 and a quick ratio of 0.96. Darling Ingredients has a one year low of $55.71 and a one year high of $87.59.

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on DAR shares. Stephens lifted their price objective on shares of Darling Ingredients from $85.00 to $95.00 and gave the company an "overweight" rating in a research note on Wednesday, April 20th. StockNews.com lowered shares of Darling Ingredients from a "buy" rating to a "hold" rating in a research note on Tuesday, April 19th. Raymond James lifted their price objective on shares of Darling Ingredients from $100.00 to $105.00 and gave the company a "strong-buy" rating in a research note on Thursday, August 11th. Cowen started coverage on shares of Darling Ingredients in a research note on Monday, April 25th. They issued a "market perform" rating and a $80.00 price objective for the company. Finally, Cowen reduced their price objective on shares of Darling Ingredients to $75.00 and set an "outperform" rating for the company in a research note on Wednesday, July 27th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Darling Ingredients presently has a consensus rating of "Moderate Buy" and a consensus price target of $96.71.

Insider Transactions at Darling Ingredients

In other news, CFO Brad Phillips sold 25,000 shares of Darling Ingredients stock in a transaction on Monday, May 23rd. The shares were sold at an average price of $79.00, for a total transaction of $1,975,000.00. Following the completion of the sale, the chief financial officer now directly owns 100,920 shares of the company's stock, valued at approximately $7,972,680. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Darling Ingredients news, EVP John Bullock sold 12,872 shares of the business's stock in a transaction on Friday, May 27th. The shares were sold at an average price of $81.34, for a total value of $1,047,008.48. Following the completion of the sale, the executive vice president now directly owns 109,496 shares of the company's stock, valued at $8,906,404.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brad Phillips sold 25,000 shares of the business's stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $79.00, for a total transaction of $1,975,000.00. Following the completion of the sale, the chief financial officer now directly 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 ninety days, insiders sold 50,246 shares of company stock valued at $4,045,338. Insiders own 2.62% of the company's stock.