Darling Ingredients Inc. [NYSE: DAR] traded at a high on 08/05/20, posting a 3.64 gain after which it closed the day’ session at $29.02. The company report on August 5, 2020 that Darling Ingredients Inc. Reports Second Quarter 2020 Financial Results.
Darling Ingredients Inc. (NYSE: DAR, “Darling”) –.
Second Quarter 2020.
The results of the trading session contributed to over 1163854 shares changing hands. Over the past one week, the price volatility of Darling Ingredients Inc. stands at 3.12% while the volatility over the past one month is 3.55%.
The market cap for DAR stock reached $4.77 billion, with 163.47 million shares outstanding and 159.56 million shares in the current float. Compared to the average trading volume of 1.03M shares, DAR reached a trading volume of 1163854 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Darling Ingredients Inc. [DAR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DAR shares is $32.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DAR stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Berenberg have made an estimate for Darling Ingredients Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 16, 2020. While these analysts kept the previous recommendation, Goldman raised their target price from $29 to $37. The new note on the price target was released on March 09, 2020, representing the official price target for Darling Ingredients Inc. stock. Previously, the target price had yet another raise to $29, while JP Morgan analysts kept a Neutral rating on DAR stock.
The Average True Range (ATR) for Darling Ingredients Inc. is set at 0.94, with the Price to Sales ratio for DAR stock in the period of the last 12 months amounting to 1.41. The Price to Book ratio for the last quarter was 1.87, with the Price to Cash per share for the same quarter was set at 0.46.
How has DAR stock performed recently?
Darling Ingredients Inc. [DAR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.82. With this latest performance, DAR shares gained by 22.14% in over the last four-week period, additionally plugging by 0.90% over the last 6 months – not to mention a rise of 47.83% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DAR stock in for the last two-week period is set at 65.68, with the RSI for the last a single of trading hit 71.32, and the three-weeks RSI is set at 65.57 for Darling Ingredients Inc. [DAR]. The present Moving Average for the last 50 days of trading for this stock 25.21, while it was recorded at 28.23 for the last single week of trading, and 23.85 for the last 200 days.
Darling Ingredients Inc. [DAR]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Darling Ingredients Inc. [DAR] shares currently have an operating margin of +2.66 and a Gross Margin at +13.27. Darling Ingredients Inc.’s Net Margin is presently recorded at +9.29.
Return on Total Capital for DAR is now 2.13, given the latest momentum, and Return on Invested Capital for the company is 7.67. Return on Equity for this stock inclined to 12.92, with Return on Assets sitting at 6.11. When it comes to the capital structure of this company, Darling Ingredients Inc. [DAR] has a Total Debt to Total Equity ratio set at 69.32. Additionally, DAR Total Debt to Total Capital is recorded at 40.94, with Total Debt to Total Assets ending up at 33.28. Long-Term Debt to Equity for the company is recorded at 64.30, with the Long-Term Debt to Total Capital now at 37.98.
Reflecting on the efficiency of the workforce at the company, Darling Ingredients Inc. [DAR] managed to generate an average of $30,950 per employee. Receivables Turnover for the company is 8.39 with a Total Asset Turnover recorded at a value of 0.66.Darling Ingredients Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.40.
Earnings analysis for Darling Ingredients Inc. [DAR]
With the latest financial reports released by the company, Darling Ingredients Inc. posted 0.15/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -11.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DAR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Darling Ingredients Inc. go to 3.00%.
Insider trade positions for Darling Ingredients Inc. [DAR]
There are presently around $5,369 million, or 99.20% of DAR stock, in the hands of institutional investors. The top three institutional holders of DAR stocks are: COPPER ROCK CAPITAL PARTNERS, LLC with ownership of 28,979,183, which is approximately 4262.975% of the company’s market cap and around 1.60% of the total institutional ownership; BLACKROCK INC., holding 18,909,960 shares of the stock with an approximate value of $548.77 million in DAR stocks shares; and VANGUARD GROUP INC, currently with $476.38 million in DAR stock with ownership of nearly -5.791% of the company’s market capitalization.
Positions in Darling Ingredients Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 160 institutional holders increased their position in Darling Ingredients Inc. [NYSE:DAR] by around 44,635,929 shares. Additionally, 132 investors decreased positions by around 22,253,780 shares, while 39 investors held positions by with 118,126,697 shares. The mentioned changes placed institutional holdings at 185,016,406 shares, according to the latest SEC report filing. DAR stock had 68 new institutional investments in for a total of 6,576,618 shares, while 42 institutional investors sold positions of 2,767,957 shares during the same period.