Darling Ingredients (NYSE:DAR) Rating Lowered to C+ at TheStreet

TheStreet lowered shares of Darling Ingredients (NYSE:DAR) from a b- rating to a c+ rating in a research report report published on Monday, February 12th.

DAR has been the subject of several other reports. Zacks Investment Research lowered Darling Ingredients from a buy rating to a sell rating in a research report on Monday, October 16th. Canaccord Genuity upped their target price on Darling Ingredients from $18.00 to $20.00 and gave the company a buy rating in a research report on Monday, November 6th. Finally, Roth Capital set a $20.00 target price on Darling Ingredients and gave the company a buy rating in a research report on Tuesday, October 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $19.33.

Shares of Darling Ingredients (NYSE:DAR) opened at $18.17 on Monday. The firm has a market capitalization of $3,021.91, a price-to-earnings ratio of 46.59 and a beta of 1.48. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.07. Darling Ingredients has a 1-year low of $12.45 and a 1-year high of $19.50.

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Darling Ingredients by 1.8% in the fourth quarter. BlackRock Inc. now owns 20,938,002 shares of the company’s stock worth $379,606,000 after buying an additional 380,289 shares during the last quarter. Earnest Partners LLC boosted its position in Darling Ingredients by 13.6% during the fourth quarter. Earnest Partners LLC now owns 4,524,951 shares of the company’s stock worth $82,037,000 after purchasing an additional 540,447 shares in the last quarter. State Street Corp boosted its position in Darling Ingredients by 2.9% during the second quarter. State Street Corp now owns 4,258,577 shares of the company’s stock worth $67,028,000 after purchasing an additional 119,139 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Darling Ingredients by 1,090.8% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,176,259 shares of the company’s stock worth $73,168,000 after purchasing an additional 3,825,542 shares in the last quarter. Finally, Eagle Asset Management Inc. boosted its position in Darling Ingredients by 1.8% during the third quarter. Eagle Asset Management Inc. now owns 2,888,555 shares of the company’s stock worth $51,820,000 after purchasing an additional 50,174 shares in the last quarter. Hedge funds and other institutional investors own 98.90% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Darling Ingredients (NYSE:DAR) Rating Lowered to C+ at TheStreet” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://ledgergazette.com/2018/02/21/darling-ingredients-dar-cut-to-c-at-thestreet.html.

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.

Analyst Recommendations for Darling Ingredients (NYSE:DAR)

Receive News & Ratings for Darling Ingredients Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darling Ingredients and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply