Darling Ingredients Inc. (NYSE:DAR) Given Consensus Rating of “Moderate Buy” by Analysts

Darling Ingredients Inc. (NYSE:DAR) has received a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $52.75.

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

Darling Ingredients Price Performance

Shares of NYSE:DAR opened at $29.54 on Wednesday. Darling Ingredients has a 1-year low of $27.20 and a 1-year high of $48.39. The firm has a market capitalization of $4.69 billion, a PE ratio of 17.07 and a beta of 1.25. The business’s 50 day moving average is $36.13 and its 200-day moving average is $37.03. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.

Darling Ingredients (NYSE:DAR) last announced its quarterly 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 return on equity of 6.04% and a net margin of 4.88%. Sell-side analysts predict that Darling Ingredients will post 2.81 earnings per share for the current year.

Institutional Investors Weigh In On Darling Ingredients

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC bought a new stake in Darling Ingredients in the fourth quarter valued at about $25,000. Wilmington Savings Fund Society FSB grew its stake in 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 period. Ashton Thomas Securities LLC acquired a new position in Darling Ingredients in the third quarter valued at about $58,000. Farther Finance Advisors LLC boosted its position in shares of Darling Ingredients by 69.2% during the third quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company’s stock worth $69,000 after buying an additional 758 shares during the period. Finally, First Horizon Advisors Inc. boosted its position in shares of Darling Ingredients by 42.5% during the third quarter. First Horizon Advisors Inc. now owns 2,304 shares of the company’s stock worth $86,000 after buying an additional 687 shares during the period. Institutional investors own 94.44% of the company’s stock.

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.