Darling Ingredients Inc. (NYSE:DAR) Receives Average Recommendation of “Moderate Buy” from Analysts

Darling Ingredients Inc. (NYSE:DAR) has been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $52.00.

Several research firms recently weighed in on DAR. StockNews.com cut shares of Darling Ingredients from a “hold” rating to a “sell” rating in a research note on Wednesday, April 2nd. TD Cowen reduced their price objective on Darling Ingredients from $43.00 to $37.00 and set a “hold” rating for the company in a research report on Friday, April 4th. Citigroup lowered their price objective on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Finally, Stephens reaffirmed an “overweight” rating and issued a $52.00 target price on shares of Darling Ingredients in a research report on Thursday, January 23rd.

Institutional Investors Weigh In On Darling Ingredients

Institutional investors and hedge funds have recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in shares of Darling Ingredients during the 4th quarter worth about $25,000. Wilmington Savings Fund Society FSB raised its stake in shares of Darling Ingredients by 157.1% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company’s stock valued at $40,000 after acquiring an additional 721 shares during the last quarter. Palouse Capital Management Inc. acquired a new position in shares of Darling Ingredients in the 4th quarter worth approximately $86,000. First Horizon Advisors Inc. grew its position in Darling Ingredients by 30.9% during the 4th quarter. First Horizon Advisors Inc. now owns 3,016 shares of the company’s stock worth $102,000 after acquiring an additional 712 shares during the last quarter. Finally, Kapitalo Investimentos Ltda acquired a new stake in Darling Ingredients during the 4th quarter valued at $109,000. Institutional investors and hedge funds own 94.44% of the company’s stock.

Darling Ingredients Stock Performance

Shares of NYSE DAR opened at $28.69 on Friday. Darling Ingredients has a 12 month low of $26.00 and a 12 month high of $47.93. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. The company has a market cap of $4.54 billion, a P/E ratio of 16.58 and a beta of 1.19. The business’s 50 day moving average is $33.77 and its two-hundred day moving average is $36.00.

Darling Ingredients (NYSE:DAR) last released its earnings results on Thursday, February 6th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. On average, equities analysts expect that Darling Ingredients will post 2.81 EPS for the current year.

Darling Ingredients Company Profile

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. 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.