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.

Wall Street Analysts Forecast Growth

DAR has been the topic of a number of research reports. Raymond James increased their target price on shares of Darling Ingredients from $100.00 to $105.00 and gave the stock a "strong-buy" rating in a report on Thursday, August 11th. Piper Sandler increased their target price on shares of Darling Ingredients to $98.00 in a report on Monday, July 25th. Cowen dropped their target price on shares of Darling Ingredients to $75.00 and set an "outperform" rating on the stock in a report on Wednesday, July 27th. Stephens increased their target price on shares of Darling Ingredients from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, April 20th. Finally, Robert W. Baird increased their target price on shares of Darling Ingredients from $100.00 to $109.00 in a report on Thursday, August 11th. Two research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $96.71.

Darling Ingredients Price Performance

DAR traded down $0.82 on Wednesday, reaching $75.67. The company had a trading volume of 909,551 shares, compared to its average volume of 1,467,546. The company has a fifty day moving average of $66.48 and a 200-day moving average of $72.13. The company has a market capitalization of $12.14 billion, a P/E ratio of 18.06 and a beta of 1.24. The company has a current ratio of 1.59, a quick ratio of 0.96 and a debt-to-equity ratio of 0.81. 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 announced its earnings results 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). The company had revenue of $1.65 billion during 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 business's quarterly revenue was up 37.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.17 EPS. As a group, equities research analysts anticipate that Darling Ingredients will post 5.34 earnings per share for the current year.

Insider Activity

In other news, EVP John Bullock sold 12,872 shares of the firm's stock in a transaction dated Friday, May 27th. The shares were 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 in the company, valued at approximately $8,906,404.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Darling Ingredients news, Director Charles L. Adair acquired 500 shares of Darling Ingredients stock in a transaction dated Tuesday, May 24th. The stock was bought at an average price of $73.95 per share, for a total transaction of $36,975.00. Following the transaction, the director now owns 36,051 shares in the company, valued at approximately $2,665,971.45. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John Bullock sold 12,872 shares of the firm's stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $81.34, for a total transaction of $1,047,008.48. Following the transaction, the executive vice president now owns 109,496 shares of the company's stock, valued at approximately $8,906,404.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,246 shares of company stock worth $4,045,338. Corporate insiders own 2.62% of the company's stock.