Robert W. Baird Has Lowered Expectations for Darling Ingredients (NYSE:DAR) Stock Price

Darling Ingredients (NYSE:DAR - Get Free Report) had its target price decreased by stock analysts at Robert W. Baird from $51.00 to $41.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Robert W. Baird's price objective would indicate a potential upside of 33.52% from the company's current price.

DAR has been the subject of several other research reports. Citigroup cut their price target on Darling Ingredients from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Stephens reaffirmed an "overweight" rating and set a $52.00 target price on shares of Darling Ingredients in a research note on Thursday, January 23rd. TD Cowen dropped their price target on shares of Darling Ingredients from $43.00 to $37.00 and set a "hold" rating on the stock in a research note on Friday, April 4th. Finally, StockNews.com cut shares of Darling Ingredients from a "hold" rating to a "sell" rating in a research report on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $50.78.

Darling Ingredients Trading Up 3.1 %

DAR stock traded up $0.94 during trading on Tuesday, hitting $30.71. The company had a trading volume of 1,939,548 shares, compared to its average volume of 2,245,786. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. The company has a 50 day simple moving average of $32.93 and a 200-day simple moving average of $35.76. The firm has a market capitalization of $4.86 billion, a P/E ratio of 17.75 and a beta of 1.19. Darling Ingredients has a 52-week low of $26.00 and a 52-week high of $47.28.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.63 EPS for the quarter, beating 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, research analysts forecast that Darling Ingredients will post 2.81 earnings per share for the current fiscal year.

Institutional Trading of Darling Ingredients

Several hedge funds and other institutional investors have recently modified their holdings of DAR. Bfsg LLC lifted its position in shares of Darling Ingredients by 23.8% in the first quarter. Bfsg LLC now owns 8,300 shares of the company's stock worth $259,000 after purchasing an additional 1,595 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Darling Ingredients by 54.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 15,552 shares of the company's stock valued at $486,000 after buying an additional 5,451 shares during the period. Compagnie Lombard Odier SCmA grew its holdings in shares of Darling Ingredients by 66.3% during the 1st quarter. Compagnie Lombard Odier SCmA now owns 15,627 shares of the company's stock valued at $488,000 after acquiring an additional 6,230 shares in the last quarter. Union Bancaire Privee UBP SA increased its stake in shares of Darling Ingredients by 4.7% in the first quarter. Union Bancaire Privee UBP SA now owns 21,250 shares of the company's stock worth $678,000 after acquiring an additional 952 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Darling Ingredients by 51.0% during the first quarter. Fifth Third Bancorp now owns 15,122 shares of the company's stock worth $472,000 after acquiring an additional 5,106 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company's stock.

About Darling Ingredients

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.