Media headlines about Darling Ingredients (NYSE:DAR) have trended positive recently, according to AlphaOne Sentiment. The research firm, a division of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Darling Ingredients earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave news articles about the company an impact score of 47 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted AlphaOne Sentiment’s scoring:
- Darling Ingredients Inc (DAR) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Involving Possible Breaches of Fiduciary Duty by the Board of Darling Ingredients Inc. (4-traders.com)
- Noteworthy Friday Option Activity: DAR, PXD, HAIN (nasdaq.com)
- What’s Unfolding For Rice Midstream Partners LP (NYSE:RMP … – Geneva Journal (genevajournal.com)
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of an Investigation Involving Possible Breaches of Fiduciary Duty by the Board of Darling Ingredients Inc. (finance.yahoo.com)
Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Darling Ingredients from a “hold” rating to a “sell” rating in a research report on Monday, January 30th. BMO Capital Markets increased their target price on shares of Darling Ingredients from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Thursday, March 2nd. Roth Capital set a $17.00 price target on shares of Darling Ingredients and gave the stock a “buy” rating in a report on Monday, March 20th. Canaccord Genuity reissued a “buy” rating and issued a $18.00 price target on shares of Darling Ingredients in a report on Monday, May 15th. Finally, Robert W. Baird began coverage on shares of Darling Ingredients in a report on Wednesday, March 22nd. They issued an “outperform” rating and a $19.00 price target on the stock. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $17.71.
Shares of Darling Ingredients (NYSE:DAR) opened at 15.98 on Friday. Darling Ingredients has a 52 week low of $11.51 and a 52 week high of $16.12. The company has a market cap of $2.63 billion, a price-to-earnings ratio of 24.62 and a beta of 1.76. The stock’s 50 day moving average is $15.01 and its 200-day moving average is $13.75.
Darling Ingredients (NYSE:DAR) last issued its quarterly earnings results on Thursday, May 11th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.03. The business had revenue of $880.10 million for the quarter, compared to analysts’ expectations of $842.52 million. Darling Ingredients had a return on equity of 7.34% and a net margin of 4.40%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the company earned $0.01 earnings per share. On average, equities analysts anticipate that Darling Ingredients will post $0.56 earnings per share for the current year.
In other Darling Ingredients news, CFO Patrick C. Lynch purchased 19,710 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were bought at an average cost of $15.20 per share, for a total transaction of $299,592.00. Following the completion of the purchase, the chief financial officer now directly owns 110,138 shares of the company’s stock, valued at $1,674,097.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.75% of the stock is owned by corporate insiders.
Darling Ingredients Company Profile
Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.
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