Darling Ingredients Inc (NYSE: DAR) is -27.65% lower on its value in year-to-date trading and has touched a low of $32.67 and a high of $55.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DAR stock was last observed hovering at around $36.93 in the last trading session, with the day’s loss setting it -0.87%.
Currently trading at $36.06, the stock is -3.71% and -4.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.16 million and changing -2.36% at the moment leaves the stock -13.61% off its SMA200. DAR registered -32.92% loss for a year compared to 6-month loss of -18.82%. The firm has a 50-day simple moving average (SMA 50) of $37.9012 and a 200-day simple moving average (SMA200) of $41.68865.
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The stock witnessed a -9.96% gain in the last 1 month and extending the period to 3 months gives it a 0.81%, and is 0.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.98% over the week and 3.69% over the month.
Darling Ingredients Inc (DAR) has around 15800 employees, a market worth around $5.73B and $6.09B in sales. Current P/E ratio is 15.81 and Fwd P/E is 9.71. Profit margin for the company is 6.07%. Distance from 52-week low is 10.38% and -34.67% from its 52-week high. The company has generated returns on investments over the last 12 months (4.14%).
Darling Ingredients Inc quarterly earnings per share for the current quarter are estimated at 0.61 with sales reaching $1.51B over the same period.The EPS is expected to shrink by -37.81% this year, but quarterly earnings will post -11.90% year-over-year. Quarterly sales are estimated to shrink -7.30% in year-over-year returns.
757.0 institutions hold shares in Darling Ingredients Inc (DAR), with institutional investors hold 102.79% of the company’s shares. The shares outstanding are 159.53M, and float is at 157.05M with Short Float at 6.59%. Institutions hold 101.73% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.37 million shares valued at $564.81 million. The investor’s holdings represent 9.6169 of the DAR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.66 million shares valued at $538.93 million to account for 9.1762 of the shares outstanding. The other top investors are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC which holds 6.22 million shares representing 3.8943 and valued at over $228.71 million, while DIMENSIONAL FUND ADVISORS LP holds 3.2767 of the shares totaling 5.24 million with a market value of $192.45 million.
Darling Ingredients Inc (DAR) Insider Activity
The most recent transaction is an insider purchase by McNutt Patrick, the company’s EVP Chief Admin Officer. SEC filings show that McNutt Patrick bought 1,300 shares of the company’s common stock on Aug 16 ’24 at a price of $39.85 per share for a total of $51805.0. Following the purchase, the insider now owns 21867.0 shares.
Darling Ingredients Inc disclosed in a document filed with the SEC on Jul 31 ’24 that Day Robert W (EVP Chief Strategy Officer) bought a total of 2,532 shares of the company’s common stock. The trade occurred on Jul 31 ’24 and was made at $39.37 per share for $99685.0. Following the transaction, the insider now directly holds 12607.0 shares of the DAR stock.
Still, SEC filings show that on May 20 ’24, STUEWE RANDALL C (Chairman and CEO) disposed off 34,960 shares at an average price of $42.84 for $1.5 million. The insider now directly holds 718,848 shares of Darling Ingredients Inc (DAR).
