Darling Ingredients Inc (NYSE: DAR) is 5.40% higher on its value in year-to-date trading and has touched a low of $26.00 and a high of $47.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DAR stock was last observed hovering at around $34.03 in the last trading session, with the day’s gains setting it 1.48%.
Currently trading at $35.51, the stock is 11.63% and 14.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.25 million and changing 4.35% at the moment leaves the stock -1.45% off its SMA200. DAR registered -19.82% loss for a year compared to 6-month loss of -9.83%.
The stock witnessed a 23.86% gain in the last 1 month and extending the period to 3 months gives it a -10.33%, and is 9.40% 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 3.02% over the week and 3.79% over the month.
Darling Ingredients Inc (DAR) has around 15500 employees, a market worth around $5.62B and $5.68B in sales. Current P/E ratio is 33.47 and Fwd P/E is 10.76. Profit margin for the company is 3.02%. Distance from 52-week low is 36.58% and -24.89% from its 52-week high. The company has generated returns on investments over the last 12 months (2.04%).
with sales reaching $1.49B over the same period.The EPS is expected to shrink by -6.88% this year, but quarterly earnings will post 3.25% year-over-year. Quarterly sales are estimated to grow 2.43% in year-over-year returns.
Darling Ingredients Inc (DAR) Top Institutional Holders
The shares outstanding are 158.16M, and float is at 155.89M with Short Float at 6.84%.
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 9.6167% 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 9.1761 of the shares outstanding. The other top investors are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC which holds 6.22 million shares representing 3.8942% 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 sale by STUEWE RANDALL C, the company’s Chairman and CEO. SEC filings show that STUEWE RANDALL C sold 24,710 shares of the company’s common stock on Nov 19 ’24 at a price of $41.95 per share for a total of $1.04 million. Following the sale, the insider now owns 0.69 million shares.
Darling Ingredients Inc disclosed in a document filed with the SEC on Nov 18 ’24 that STUEWE RANDALL C (Chairman and CEO) sold a total of 290 shares of the company’s common stock. The trade occurred on Nov 18 ’24 and was made at $43.00 per share for $12470.0. Following the transaction, the insider now directly holds 0.72 million shares of the DAR stock.
Still, SEC filings show that on Nov 18 ’24, Randall C. Stuewe (CEO) Proposed Sale 25,000 shares at an average price of $43.05 for $1.08 million. The insider now directly holds shares of Darling Ingredients Inc (DAR).
