News articles about Darling Ingredients (NYSE:DAR) have trended positive on Sunday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Darling Ingredients earned a daily sentiment score of 0.31 on Accern’s scale. Accern also gave news articles about the company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Darling Ingredients Inc. (DAR) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Darling Ingredients Inc (DAR) Triple EMA Trending Higher – Evergreen Caller (evergreencaller.com)
- Darling Ingredients Inc. (DAR) Expected to Announce Quarterly Sales of $885.93 Million (americanbankingnews.com)
- Digging Up the Facts on Chipotle Mexican Grill, Inc. (CMG) (latribunadecanarias.com)
- Darling Ingredients Inc. (NYSE:DAR) Traded 5.1% Above Its 50 Day Average – First News 24 (firstnewspaper24.com)
DAR has been the subject of a number of analyst reports. Zacks Investment Research upgraded Darling Ingredients from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Canaccord Genuity reiterated a “buy” rating and issued a $18.00 price objective on shares of Darling Ingredients in a research report on Monday, May 8th. BidaskClub lowered Darling Ingredients from a “strong-buy” rating to a “buy” rating in a research report on Friday. TheStreet upgraded Darling Ingredients from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $19.00 price objective on shares of Darling Ingredients in a research report on Tuesday, May 16th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $17.67.
Darling Ingredients (NYSE DAR) opened at 16.64 on Friday. Darling Ingredients has a 1-year low of $11.51 and a 1-year high of $16.99. The firm’s 50-day moving average price is $16.14 and its 200-day moving average price is $14.64. The firm has a market capitalization of $2.74 billion, a PE ratio of 25.64 and a beta of 1.61.
Darling Ingredients (NYSE:DAR) last released its earnings results on Thursday, May 11th. The company reported $0.04 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by $0.03. The firm had revenue of $880.10 million during the quarter, compared to analysts’ expectations of $842.52 million. Darling Ingredients had a return on equity of 5.15% and a net margin of 3.06%. The firm’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.01 earnings per share. On average, equities research analysts predict that Darling Ingredients will post $0.52 EPS for the current fiscal year.
In related news, CFO Patrick C. Lynch acquired 19,710 shares of the stock in a transaction dated Wednesday, May 17th. The stock was bought at an average cost of $15.20 per share, with a total value of $299,592.00. Following the purchase, the chief financial officer now directly owns 110,138 shares of the company’s stock, valued at $1,674,097.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Patrick C. Lynch acquired 18,337 shares of the stock in a transaction dated Tuesday, May 23rd. The shares were bought at an average cost of $16.39 per share, with a total value of $300,543.43. Following the completion of the purchase, the chief financial officer now directly owns 147,295 shares in the company, valued at $2,414,165.05. The disclosure for this purchase can be found here. Insiders acquired a total of 56,867 shares of company stock valued at $899,938 over the last ninety days. 1.95% of the stock is owned by corporate insiders.
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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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