Darling Ingredients (DAR) Expected to Announce Earnings on Thursday

Darling Ingredients (NYSE:DAR) is expected to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Darling Ingredients to post earnings of $0.48 per share and revenue of $1.46 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Darling Ingredients Trading Down 0.1 %

Shares of Darling Ingredients stock opened at $36.31 on Wednesday. The firm’s 50 day moving average is $35.65 and its 200 day moving average is $37.46. The firm has a market capitalization of $5.78 billion, a PE ratio of 22.41 and a beta of 1.21. Darling Ingredients has a 1 year low of $32.55 and a 1 year high of $48.39. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DAR. JPMorgan Chase & Co. upped their price target on shares of Darling Ingredients from $58.00 to $59.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Stephens reaffirmed an “overweight” rating and issued a $52.00 target price on shares of Darling Ingredients in a report on Thursday, January 23rd. Piper Sandler cut their price target on Darling Ingredients from $50.00 to $48.00 and set an “overweight” rating on the stock in a research note on Friday, October 11th. Citigroup lowered their price objective 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. Finally, Jefferies Financial Group raised their price objective on shares of Darling Ingredients from $44.00 to $46.00 and gave the company a “buy” rating in a report on Friday, October 25th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $53.22.

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.