Analysts Set Darling Ingredients Inc. (NYSE:DAR) Price Target at $52.75

Shares of Darling Ingredients Inc. (NYSE:DAR) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $52.75.

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

Darling Ingredients Stock Performance

NYSE DAR opened at $29.54 on Wednesday. The company has a fifty day moving average price of $36.23 and a 200-day moving average price of $37.16. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 17.07 and a beta of 1.25. 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 1 year low of $27.20 and a 1 year high of $48.39.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, topping 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%. As a group, equities research analysts predict that Darling Ingredients will post 2.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Heck Capital Advisors LLC purchased a new position in shares of Darling Ingredients in the 4th quarter worth about $25,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Darling Ingredients in the 4th quarter worth approximately $1,021,000. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of Darling Ingredients by 148.9% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,393,153 shares of the company’s stock valued at $148,005,000 after purchasing an additional 2,627,785 shares in the last quarter. iSAM Funds UK Ltd purchased a new position in Darling Ingredients in the 4th quarter worth $314,000. Finally, Sourcerock Group LLC bought a new stake in Darling Ingredients in the fourth quarter worth $5,054,000. 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.