FY2025 EPS Estimate for Darling Ingredients Cut by Analyst

Darling Ingredients Inc. (NYSE:DAR) – Stock analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for Darling Ingredients in a research note issued on Wednesday, January 8th. Scotiabank analyst P. Cheng now anticipates that the company will post earnings per share of $2.75 for the year, down from their prior forecast of $3.00. The consensus estimate for Darling Ingredients’ current full-year earnings is $1.88 per share.

Darling Ingredients (NYSE:DAR) last issued its earnings results on Thursday, October 24th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.29). The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.48 billion. Darling Ingredients had a return on equity of 5.98% and a net margin of 4.42%. The company’s quarterly revenue was down 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 earnings per share.

Several other brokerages also recently issued reports on DAR. TD Cowen reduced their price objective on shares of Darling Ingredients from $45.00 to $43.00 and set a “hold” rating on the stock in a research note on Friday, September 13th. JPMorgan Chase & Co. raised their price objective on Darling Ingredients from $58.00 to $59.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Piper Sandler dropped their target price on Darling Ingredients from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. Finally, Jefferies Financial Group raised their price target on Darling Ingredients from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.44.

Darling Ingredients Stock Down 2.7 %

DAR opened at $33.67 on Friday. The firm has a market cap of $5.36 billion, a P/E ratio of 20.78 and a beta of 1.21. Darling Ingredients has a 52 week low of $32.55 and a 52 week high of $48.39. The company has a quick ratio of 0.83, a current ratio of 1.41 and a debt-to-equity ratio of 0.89. The business’s fifty day simple moving average is $37.52 and its 200 day simple moving average is $37.57.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in Darling Ingredients by 173.9% in the third quarter. GAMMA Investing LLC now owns 830 shares of the company’s stock valued at $31,000 after acquiring an additional 527 shares in the last quarter. Signaturefd LLC lifted its holdings in Darling Ingredients by 75.0% during the 3rd quarter. Signaturefd LLC now owns 901 shares of the company’s stock worth $33,000 after buying an additional 386 shares during the last quarter. Blue Trust Inc. grew its position in shares of Darling Ingredients by 38.0% in the 3rd quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock worth $38,000 after acquiring an additional 288 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Darling Ingredients in the 3rd quarter valued at approximately $58,000. Finally, Farther Finance Advisors LLC raised its position in shares of Darling Ingredients by 69.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,854 shares of the company’s stock valued at $69,000 after acquiring an additional 758 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

Darling Ingredients Company Profile

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.