Darling Ingredients (DAR) to Release Quarterly Earnings on Tuesday


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Darling Ingredients (NYSE:DAR) is set to issue its quarterly earnings data after the market closes on Tuesday, March 2nd. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

NYSE DAR opened at $67.11 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.49 and a debt-to-equity ratio of 0.51. The firm has a market cap of $10.88 billion, a PE ratio of 22.75 and a beta of 1.33. The company has a 50 day moving average price of $66.38 and a 200 day moving average price of $48.62. Darling Ingredients has a 52 week low of $10.25 and a 52 week high of $72.85.

In other news, EVP Rick A. Elrod sold 19,323 shares of the company’s stock in a transaction on Wednesday, November 25th. The shares were sold at an average price of $47.83, for a total value of $924,219.09. Following the sale, the executive vice president now directly owns 176,503 shares of the company’s stock, valued at approximately $8,442,138.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.96% of the stock is owned by corporate insiders.

DAR has been the subject of several recent analyst reports. Robert W. Baird boosted their price objective on shares of Darling Ingredients from $50.00 to $71.00 and gave the stock an “outperform” rating in a research note on Friday, January 29th. BMO Capital Markets boosted their price objective on shares of Darling Ingredients from $33.00 to $46.00 and gave the stock a “market perform” rating in a research note on Thursday, November 5th. Zacks Investment Research raised shares of Darling Ingredients from a “hold” rating to a “buy” rating and set a $73.00 target price on the stock in a research report on Monday, January 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Darling Ingredients from $48.00 to $69.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 27th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $55.82.

Darling Ingredients Company Profile

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. 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.

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Earnings History for Darling Ingredients (NYSE:DAR)

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