Darling Ingredients Inc [DAR] Stock trading around $34.23 per share: What’s Next?

GBS Stock

Darling Ingredients Inc [NYSE: DAR] stock went on a downward path that fall over -0.47% on Thursday, amounting to a one-week price decrease of less than -12.32%.

Over the last 12 months, DAR stock dropped by -44.29%. The one-year Darling Ingredients Inc stock forecast points to a potential upside of 37.92. The average equity rating for DAR stock is currently 1.38, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $5.44 billion, with 159.53 million shares outstanding and 157.05 million shares in the current float. Compared to the average trading volume of 2.20M shares, DAR stock reached a trading volume of 2618082 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $55.14 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 1.38. 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.

Citigroup have made an estimate for Darling Ingredients Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 12, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Neutral. The new note on the price target was released on February 01, 2024, representing the official price target for Darling Ingredients Inc stock.

The Average True Range (ATR) for Darling Ingredients Inc is set at 1.48, with the Price to Sales ratio for DAR stock in the period of the last 12 months amounting to 0.89. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 0.93. Price to Free Cash Flow for DAR in the course of the last twelve months was 13.92 with Quick ratio for the last quarter at 0.91.

DAR Stock Performance Analysis:

Darling Ingredients Inc [DAR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.32. With this latest performance, DAR shares dropped by -15.65% in over the last four-week period, additionally sinking by -24.50% over the last 6 months – not to mention a drop of -44.29% 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 32.35, with the RSI for the last a single of trading hit 24.67, and the three-weeks RSI is set at 37.11 for Darling Ingredients Inc [DAR]. The present Moving Average for the last 50 days of trading for this stock 38.06, while it was recorded at 34.92 for the last single week of trading, and 42.04 for the last 200 days.

Insight into Darling Ingredients Inc Fundamentals:

Darling Ingredients Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.57.

DAR Stock EPS

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 10.00%.

Darling Ingredients Inc [DAR] Institutonal Ownership Details

There are presently around $101.86%, or 102.92%% of DAR stock, in the hands of institutional investors. The top three institutional holders of DAR stocks are: VANGUARD GROUP INC with ownership of 15.37 million shares, which is approximately 9.6169%. BLACKROCK INC., holding 14.66 million shares of the stock with an approximate value of $$538.93 million in DAR stocks shares; and BLACKROCK INC., currently with $$228.71 million in DAR stock with ownership which is approximately 3.8943%.

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