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Darling International (NYSE:DAR)’s share price hit a new 52-week low on Wednesday , StockRatingsNetwork reports. The stock traded as low as $18.58 and last traded at $18.81, with a volume of 461,409 shares changing hands. The stock had previously closed at $18.87.

A number of analysts have recently weighed in on DAR shares. Analysts at Goldman Sachs upgraded shares of Darling International from a “buy” rating to a “conviction-buy” rating in a research note on Monday, June 23rd. They now have a $20.66 price target on the stock, down previously from $25.00. Analysts at TheStreet downgraded shares of Darling International from a “buy” rating to a “hold” rating in a research note on Friday, June 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $22.09.

The stock’s 50-day moving average is $20. and its 200-day moving average is $20.03. The company has a market cap of $3.097 billion and a price-to-earnings ratio of 104.25.

Darling International (NYSE:DAR) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.15 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.13. The company had revenue of $931.40 million for the quarter, compared to the consensus estimate of $973.44 million. During the same quarter last year, the company posted $0.27 earnings per share. Darling International’s revenue was up 109.1% compared to the same quarter last year. On average, analysts predict that Darling International will post $1.04 earnings per share for the current fiscal year.

Darling International Inc (NYSE:DAR) is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions.

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