Darling Ingredients (DAR) Expected to Announce Quarterly Earnings on Thursday

Darling Ingredients (NYSE:DAR) is projected to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Darling Ingredients to post earnings of $0.48 per share and revenue of $1.46 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Darling Ingredients Trading Down 0.1 %

NYSE DAR opened at $36.31 on Wednesday. The stock has a market capitalization of $5.78 billion, a P/E ratio of 22.41 and a beta of 1.21. The business has a 50 day simple moving average of $35.65 and a 200 day simple moving average of $37.46. 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 one year low of $32.55 and a one year high of $48.39.

Wall Street Analysts Forecast Growth

DAR has been the subject of several recent analyst reports. Piper Sandler reduced their price objective on shares of Darling Ingredients from $50.00 to $48.00 and set an “overweight” rating for the company in a research report on Friday, October 11th. Jefferies Financial Group raised their price target on shares of Darling Ingredients from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Citigroup dropped their price objective on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. JPMorgan Chase & Co. raised their target price on Darling Ingredients from $58.00 to $59.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, Stephens reaffirmed an “overweight” rating and set a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $53.22.

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.