Darling Ingredients (NYSE:DAR) Stock Rating Lowered by StockNews.com

Darling Ingredients (NYSE:DAR - Get Free Report) was downgraded by investment analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Wednesday.

A number of other analysts have also issued reports on DAR. Stephens reaffirmed an "overweight" rating and issued a $52.00 price target on shares of Darling Ingredients in a research note on Thursday, January 23rd. Citigroup lowered their target price on shares of Darling Ingredients from $46.00 to $44.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Darling Ingredients currently has an average rating of "Moderate Buy" and a consensus price target of $52.75.

Darling Ingredients Price Performance

NYSE:DAR traded down $1.62 during trading hours on Wednesday, reaching $31.51. 3,159,737 shares of the company were exchanged, compared to its average volume of 2,244,357. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The firm has a market cap of $4.98 billion, a PE ratio of 18.21 and a beta of 1.19. Darling Ingredients has a twelve month low of $27.20 and a twelve month high of $48.39. The stock's 50-day moving average is $34.76 and its 200-day moving average is $36.36.

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Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. On average, sell-side analysts anticipate that Darling Ingredients will post 2.81 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Darling Ingredients

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Heck Capital Advisors LLC purchased a new stake in shares of Darling Ingredients during the 4th quarter valued at approximately $25,000. Wilmington Savings Fund Society FSB grew its holdings in shares of Darling Ingredients by 157.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company's stock worth $40,000 after purchasing an additional 721 shares during the period. Palouse Capital Management Inc. acquired a new stake in shares of Darling Ingredients during the 4th quarter worth about $86,000. First Horizon Advisors Inc. raised its holdings in Darling Ingredients by 30.9% in the 4th quarter. First Horizon Advisors Inc. now owns 3,016 shares of the company's stock valued at $102,000 after buying an additional 712 shares during the period. Finally, Kapitalo Investimentos Ltda acquired a new position in Darling Ingredients in the fourth quarter valued at about $109,000. 94.44% of the stock is currently owned by institutional investors and hedge funds.

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.