Darling Ingredients (DAR) Scheduled to Post Earnings on Thursday

Darling Ingredients (NYSE:DAR) will be releasing its earnings data before the market opens on Thursday, July 25th. Analysts expect Darling Ingredients to post earnings of $0.39 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Darling Ingredients (NYSE:DAR) last released its quarterly earnings data on Thursday, April 25th. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.01). The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.48 billion. Darling Ingredients had a net margin of 8.46% and a return on equity of 12.22%. The company’s revenue was down 20.7% compared to the same quarter last year. During the same period last year, the business earned $1.16 EPS. On average, analysts expect Darling Ingredients to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Darling Ingredients Trading Down 0.7 %

Shares of DAR stock opened at $37.15 on Wednesday. Darling Ingredients has a twelve month low of $33.94 and a twelve month high of $71.60. The stock’s fifty day simple moving average is $38.11 and its 200 day simple moving average is $41.87. The company has a quick ratio of 0.96, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $5.94 billion, a P/E ratio of 11.12 and a beta of 1.26.

Analysts Set New Price Targets

Several analysts have recently weighed in on DAR shares. TD Cowen reduced their price target on Darling Ingredients from $51.00 to $45.00 and set a “hold” rating on the stock in a report on Thursday, June 13th. Stifel Nicolaus decreased their price target on shares of Darling Ingredients from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Monday, May 20th. Citigroup upgraded shares of Darling Ingredients from a “neutral” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Wednesday, June 12th. JPMorgan Chase & Co. reduced their price objective on shares of Darling Ingredients from $66.00 to $62.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 17th. Finally, Scotiabank lowered their target price on Darling Ingredients from $57.00 to $45.00 and set a “sector outperform” rating for the company in a research report on Friday, July 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.36.

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.