Darling Ingredients Inc. (NYSE:DAR) will be posting its quarterly earnings results after the market closes on Wednesday, August 9th. Analysts expect Darling Ingredients to post earnings of $0.09 per share for the quarter.

Darling Ingredients (NYSE:DAR) last released its earnings results on Thursday, May 11th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by $0.03. The business had revenue of $880.10 million during the quarter, compared to the consensus estimate of $842.52 million. Darling Ingredients had a net margin of 3.06% and a return on equity of 5.15%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the business posted $0.01 EPS. On average, analysts expect Darling Ingredients to post $0.52 EPS for the current fiscal year and $0.75 EPS for the next fiscal year.

Darling Ingredients Inc. (DAR) opened at 16.69 on Tuesday. The company has a 50-day moving average of $16.17 and a 200-day moving average of $14.72. The company has a market cap of $2.75 billion, a P/E ratio of 25.72 and a beta of 1.61. Darling Ingredients Inc. has a 52-week low of $11.51 and a 52-week high of $16.99.

Several research firms have weighed in on DAR. BidaskClub downgraded shares of Darling Ingredients from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Zacks Investment Research upgraded shares of Darling Ingredients from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 18th. BMO Capital Markets restated a “buy” rating and set a $19.00 price objective on shares of Darling Ingredients in a report on Tuesday, May 16th. Canaccord Genuity restated a “buy” rating and set a $18.00 price objective on shares of Darling Ingredients in a report on Monday, May 15th. Finally, TheStreet upgraded shares of Darling Ingredients from a “c+” rating to a “b-” rating in a report on Thursday, April 27th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $17.67.

In other news, CFO Patrick C. Lynch bought 18,337 shares of Darling Ingredients stock in a transaction dated Tuesday, May 23rd. The stock was purchased at an average price of $16.39 per share, for a total transaction of $300,543.43. Following the purchase, the chief financial officer now directly owns 147,295 shares in the company, valued at approximately $2,414,165.05. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Patrick C. Lynch bought 18,820 shares of Darling Ingredients stock in a transaction dated Friday, May 19th. The stock was purchased at an average price of $15.93 per share, with a total value of $299,802.60. Following the purchase, the chief financial officer now owns 128,958 shares in the company, valued at $2,054,300.94. The disclosure for this purchase can be found here. In the last quarter, insiders bought 56,867 shares of company stock valued at $899,938. Company insiders own 1.95% of the company’s stock.

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About Darling Ingredients

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.

Earnings History for Darling Ingredients (NYSE:DAR)

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