A share price of Darling Ingredients Inc [DAR] is currently trading at $34.31, up 1.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DAR shares have gain 1.81% over the last week, with a monthly amount drifted -13.64%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Darling Ingredients Inc [NYSE: DAR] stock has seen the most recent analyst activity on September 13, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $43 from $45. Previously, Citigroup upgraded its rating to Buy on June 12, 2024, and kept the price target unchanged to $48. On February 01, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $49 on the stock. Tudor Pickering Holt & Co. downgraded its rating to a Hold. Stephens downgraded its rating to Equal-Weight for this stock on January 17, 2023, and downed its price target to $75. In a note dated October 19, 2022, Jefferies initiated an Buy rating and provided a target price of $102 on this stock.
Darling Ingredients Inc experienced fluctuations in its stock price throughout the past year between $32.55 and $51.12. Currently, Wall Street analysts expect the stock to reach $52.5 within the next 12 months. Darling Ingredients Inc [NYSE: DAR] shares were valued at $34.31 at the most recent close of the market. An investor can expect a potential return of 53.02% based on the average DAR price forecast.
Analyzing the DAR fundamentals
Trailing Twelve Months sales for Darling Ingredients Inc [NYSE:DAR] were 5.89B which represents -11.92% decline. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.
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 33.97 points at the first support level, and at 33.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.63, and for the 2nd resistance point, it is at 34.96.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Darling Ingredients Inc [NYSE:DAR] is 1.41. As well, the Quick Ratio is 0.83, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 21.23.
Transactions by insiders
Recent insider trading involved STUEWE RANDALL C, Chairman and CEO, that happened on Nov 19 ’24 when 24710.0 shares were sold. Chairman and CEO, STUEWE RANDALL C completed a deal on Nov 18 ’24 to sell 290.0 shares. Meanwhile, CEO Randall C. Stuewe bought 25000.0 shares on Nov 18 ’24.
