Darling Ingredients Inc (DAR) concluded trading on Thursday at a closing price of $33.63, with 3.44 million shares of worth about $115.75 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.82% during that period and on December 19, 2024 the price saw a loss of about -0.18%. Currently the company’s common shares owned by public are about 159.04M shares, out of which, 157.21M shares are available for trading.
Stock saw a price change of -5.24% in past 5 days and over the past one month there was a price change of -19.55%. Year-to-date (YTD), DAR shares are showing a performance of -32.52% which decreased to -33.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.67 but also hit the highest price of $51.12 during that period. The average intraday trading volume for Darling Ingredients Inc shares is 2.13 million. The stock is currently trading -9.88% below its 20-day simple moving average (SMA20), while that difference is down -12.86% for SMA50 and it goes to -15.16% lower than SMA200.
Darling Ingredients Inc (NYSE: DAR) currently have 159.04M outstanding shares and institutions hold larger chunk of about 101.65% of that.
The stock has a current market capitalization of $5.35B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 20.81, while it has posted earnings per share of $1.62 in the same period. Its PEG reads 0.59 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 0.98. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DAR, volatility over the week remained 5.20% while standing at 4.53% over the month.
Stock’s fiscal year EPS is expected to drop by -58.08% while it is estimated to increase by 82.24% in next year. EPS is likely to shrink at an annualized rate of 35.00% for next 5-years, compared to annual growth of 45.84% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on September 13, 2024 offering a Hold rating for the stock and assigned a target price range of between $45 and $43 to it. Coverage by Citigroup stated Darling Ingredients Inc (DAR) stock as a Buy in their note to investors on June 12, 2024, suggesting a price target of $48 for the stock. Stock get an Outperform rating from BMO Capital Markets on April 14, 2023.
