Shares of Darling Ingredients Inc (NYSE:DAR) have been given an average rating of “Buy” by the eight research firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $19.40.

Several equities research analysts have recently weighed in on DAR shares. Zacks Investment Research upgraded shares of Darling Ingredients from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Canaccord Genuity increased their price objective on shares of Darling Ingredients from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Monday, November 6th. Roth Capital set a $20.00 price objective on shares of Darling Ingredients and gave the stock a “buy” rating in a research report on Tuesday, October 24th. J P Morgan Chase & Co cut shares of Darling Ingredients from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $19.00 to $18.00 in a research report on Friday, October 6th. Finally, Robert W. Baird reiterated a “buy” rating and set a $20.00 price objective on shares of Darling Ingredients in a research report on Tuesday, September 26th.

Darling Ingredients (NYSE:DAR) opened at $18.17 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.07. Darling Ingredients has a 12-month low of $11.51 and a 12-month high of $18.65. The stock has a market cap of $3,012.03, a P/E ratio of 46.90 and a beta of 1.53.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.01). Darling Ingredients had a net margin of 1.76% and a return on equity of 2.96%. The business had revenue of $937.70 million during the quarter, compared to analyst estimates of $870.50 million. During the same quarter last year, the company posted $0.17 earnings per share. The company’s revenue was up 9.8% compared to the same quarter last year. equities research analysts predict that Darling Ingredients will post 0.24 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Shufro Rose & Co. LLC grew its holdings in Darling Ingredients by 0.4% in the second quarter. Shufro Rose & Co. LLC now owns 27,457 shares of the company’s stock worth $432,000 after purchasing an additional 100 shares during the period. World Asset Management Inc grew its holdings in Darling Ingredients by 2.3% in the second quarter. World Asset Management Inc now owns 10,711 shares of the company’s stock worth $169,000 after purchasing an additional 237 shares during the period. Amalgamated Bank grew its holdings in Darling Ingredients by 1.4% in the second quarter. Amalgamated Bank now owns 22,413 shares of the company’s stock worth $353,000 after purchasing an additional 304 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Darling Ingredients by 2.6% in the first quarter. Public Employees Retirement System of Ohio now owns 13,252 shares of the company’s stock worth $192,000 after purchasing an additional 335 shares during the period. Finally, US Bancorp DE grew its holdings in Darling Ingredients by 1.9% in the second quarter. US Bancorp DE now owns 27,259 shares of the company’s stock worth $429,000 after purchasing an additional 500 shares during the period. Institutional investors own 98.06% of the company’s stock.

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About Darling Ingredients

Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.

Analyst Recommendations for Darling Ingredients (NYSE:DAR)

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