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

Darling Ingredients Inc. (NYSE:DAR) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, 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 1 year price objective among brokerages that have issued a report on the stock in the last year is $52.75.

A number of equities research analysts have recently commented on DAR shares. StockNews.com upgraded Darling Ingredients from a “sell” rating to a “hold” rating in a research report on Friday, March 7th. Stephens reaffirmed an “overweight” rating and issued a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. Finally, Citigroup dropped their price target on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th.

Institutional Investors Weigh In On Darling Ingredients

Hedge funds have recently bought and sold shares of the company. Heck Capital Advisors LLC bought a new stake in Darling Ingredients during the fourth quarter valued at about $25,000. Wilmington Savings Fund Society FSB boosted its holdings in Darling Ingredients by 157.1% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company’s stock valued at $40,000 after purchasing an additional 721 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Darling Ingredients during the third quarter valued at approximately $58,000. Farther Finance Advisors LLC boosted its holdings in Darling Ingredients by 69.2% during the third quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company’s stock valued at $69,000 after purchasing an additional 758 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its stake in shares of Darling Ingredients by 42.5% in the third quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company’s stock valued at $86,000 after acquiring an additional 687 shares during the last quarter. 94.44% of the stock is currently owned by institutional investors.

Darling Ingredients Stock Performance

DAR opened at $29.52 on Wednesday. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 17.06 and a beta of 1.25. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. Darling Ingredients has a 1-year low of $27.20 and a 1-year high of $48.39. The business has a 50 day moving average price of $35.93 and a two-hundred day moving average price of $36.86.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.15. Darling Ingredients had a return on equity of 6.04% and a net margin of 4.88%. Research analysts predict that Darling Ingredients will post 2.81 EPS for the current fiscal year.

About Darling Ingredients

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.