Monthly Drifts in Darling Ingredients Inc (DAR) Stock: A Closer Look

Darling Ingredients Inc [DAR] stock prices are up 3.51% to $37.20 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DAR shares have gain 2.71% over the last week, with a monthly amount drifted -7.92%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Darling Ingredients Inc [NYSE: DAR] stock has seen the most recent analyst activity on June 12, 2024, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $48 for it. Previously, Citigroup started tracking the stock with Neutral rating on February 01, 2024, and set its price target to $49. On October 13, 2023, downgrade downgraded it’s rating to Hold. Stephens downgraded its rating to a Equal-Weight and reduced its price target to $75 on January 17, 2023. Jefferies started tracking with a Buy rating for this stock on October 19, 2022, and assigned it a price target of $102. In a note dated September 12, 2022, Stifel initiated an Buy rating and provided a target price of $101 on this stock.

The stock price of Darling Ingredients Inc [DAR] has been fluctuating between $33.94 and $71.60 over the past year. Currently, Wall Street analysts expect the stock to reach $79.14 within the next 12 months. Darling Ingredients Inc [NYSE: DAR] shares were valued at $37.20 at the most recent close of the market. An investor can expect a potential return of 112.74% based on the average DAR price forecast.

Analyzing the DAR fundamentals

The Darling Ingredients Inc [NYSE:DAR] reported sales of 6.38B for trailing twelve months, representing a drop of -20.75%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.12 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.99.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.28 points at the first support level, and at 35.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.80, and for the 2nd resistance point, it is at 38.40.

Ratios To Look Out For

It’s worth pointing out that Darling Ingredients Inc [NYSE:DAR]’s Current Ratio is 1.67. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 11.11.

Transactions by insiders

Recent insider trading involved STUEWE RANDALL C, Chairman and CEO, that happened on May 20 ’24 when 34960.0 shares were sold. COO North America, JANSEN MATTHEW J completed a deal on Mar 04 ’24 to buy 6000.0 shares. Meanwhile, Director Stoffel Kurt bought 8000.0 shares on Feb 29 ’24.

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