Darling Ingredients (NYSE:DAR) Cut to Sell at StockNews.com

StockNews.com lowered shares of Darling Ingredients (NYSE:DAR) from a hold rating to a sell rating in a research report released on Wednesday morning.

Several other research firms have also recently issued reports on DAR. Stephens reaffirmed an “overweight” rating and set a $52.00 price objective on shares of Darling Ingredients in a research report on Thursday, January 23rd. Citigroup dropped their target price on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Darling Ingredients has a consensus rating of “Moderate Buy” and an average price target of $52.00.

Darling Ingredients Trading Down 7.2 %

Shares of NYSE DAR opened at $29.21 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $4.62 billion, a PE ratio of 16.88 and a beta of 1.19. Darling Ingredients has a twelve month low of $27.20 and a twelve month high of $48.39. The stock has a fifty day simple moving average of $34.63 and a 200-day simple moving average of $36.32.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. On average, equities analysts forecast that Darling Ingredients will post 2.81 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC purchased a new stake in Darling Ingredients during the fourth quarter worth $25,000. Wilmington Savings Fund Society FSB increased its stake in shares of Darling Ingredients by 157.1% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,180 shares of the company’s stock worth $40,000 after purchasing an additional 721 shares in the last quarter. Palouse Capital Management Inc. acquired a new position in shares of Darling Ingredients during the 4th quarter worth approximately $86,000. First Horizon Advisors Inc. lifted its stake in Darling Ingredients by 30.9% in the 4th quarter. First Horizon Advisors Inc. now owns 3,016 shares of the company’s stock valued at $102,000 after buying an additional 712 shares in the last quarter. Finally, Kapitalo Investimentos Ltda purchased a new position in Darling Ingredients during the fourth quarter worth $109,000. 94.44% of the stock is owned by hedge funds and other institutional investors.

About Darling Ingredients

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.