Shares of Darling Ingredients Inc (NYSE:DAR) have been assigned a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $19.40.
DAR has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Darling Ingredients from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Canaccord Genuity upped their price objective on shares of Darling Ingredients from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, November 6th. Roth Capital set a $20.00 price objective on shares of Darling Ingredients and gave the company a “buy” rating in a research report on Tuesday, October 24th. Finally, TheStreet cut shares of Darling Ingredients from a “b-” rating to a “c+” rating in a research report on Monday, February 12th.
A number of large investors have recently bought and sold shares of DAR. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Darling Ingredients by 54.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,923 shares of the company’s stock worth $144,000 after purchasing an additional 2,808 shares during the last quarter. Assetmark Inc. bought a new position in shares of Darling Ingredients during the fourth quarter worth about $163,000. Integrated Investment Consultants LLC bought a new position in shares of Darling Ingredients during the third quarter worth about $168,000. Harrington Investments INC bought a new position in shares of Darling Ingredients during the third quarter worth about $185,000. Finally, Zeke Capital Advisors LLC bought a new position in shares of Darling Ingredients during the fourth quarter worth about $185,000. 98.90% of the stock is owned by institutional investors.
Darling Ingredients (DAR) opened at $18.35 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.07. The firm has a market cap of $3,020.00, a PE ratio of 48.29 and a beta of 1.48. Darling Ingredients has a 12-month low of $12.45 and a 12-month high of $19.50.
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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