Darling Ingredients (NYSE:DAR) Downgraded to Sell Rating by StockNews.com

StockNews.com cut shares of Darling Ingredients (NYSE:DAR) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning.

Several other research analysts have also weighed in on the company. Stephens reissued an “overweight” rating and issued a $52.00 price objective on shares of Darling Ingredients in a research report on Thursday, January 23rd. Citigroup lowered their target price on Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.75.

Darling Ingredients Price Performance

Shares of DAR opened at $33.10 on Wednesday. The business has a 50-day moving average of $34.85 and a 200-day moving average of $36.39. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.41 and a quick ratio of 0.83. The company has a market capitalization of $5.23 billion, a price-to-earnings ratio of 19.13 and a beta of 1.19. Darling Ingredients has a 1 year low of $27.20 and a 1 year high of $48.39.

Darling Ingredients (NYSE:DAR) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. As a group, equities research analysts anticipate that Darling Ingredients will post 2.81 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in DAR. Vanguard Group Inc. raised its position in shares of Darling Ingredients by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 15,567,996 shares of the company’s stock worth $524,486,000 after purchasing an additional 203,921 shares during the period. Gates Capital Management Inc. grew its holdings in shares of Darling Ingredients by 11.4% during the fourth quarter. Gates Capital Management Inc. now owns 6,668,443 shares of the company’s stock valued at $224,660,000 after buying an additional 682,529 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Darling Ingredients by 14.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,453,845 shares of the company’s stock worth $217,425,000 after acquiring an additional 791,157 shares in the last quarter. State Street Corp increased its position in shares of Darling Ingredients by 5.7% during the third quarter. State Street Corp now owns 5,357,815 shares of the company’s stock worth $199,096,000 after acquiring an additional 289,407 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its holdings 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 worth $148,005,000 after acquiring an additional 2,627,785 shares during the last quarter. 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.