Darling Ingredients (NYSE:DAR) Earns Daily News Impact Score of 0.05
Media coverage about Darling Ingredients (NYSE:DAR) has trended somewhat positive on Saturday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Darling Ingredients earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.9201610614974 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- What happened with Darling Ingredients this quarter? – Motley Fool (fool.com)
- Darling Ingredients, Inc. breached its 50 day moving average in a Bearish Manner : DAR-US : August 11, 2017 (finance.yahoo.com)
- Edited Transcript of DAR earnings conference call or presentation 10-Aug-17 12:30pm GMT (finance.yahoo.com)
- Uptrend Call Working As Darling Ingredie Stock Rises 23.3% (DAR) (mysmartrend.com)
- Darling Ingredients second quarter revenue up 2.2 percent (wattagnet.com)
Shares of Darling Ingredients (DAR) traded down 0.56% during mid-day trading on Friday, hitting $16.06. 1,472,488 shares of the company were exchanged. The company has a 50 day moving average of $16.27 and a 200 day moving average of $14.91. The company has a market capitalization of $2.64 billion, a P/E ratio of 31.55 and a beta of 1.61. Darling Ingredients has a 52 week low of $11.51 and a 52 week high of $16.99.
Darling Ingredients (NYSE:DAR) last announced its earnings results on Wednesday, August 9th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.05. The business had revenue of $896.30 million for the quarter, compared to the consensus estimate of $890.91 million. Darling Ingredients had a net margin of 1.15% and a return on equity of 1.81%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 earnings per share. Equities analysts anticipate that Darling Ingredients will post $0.52 earnings per share for the current year.
DAR has been the subject of a number of research reports. TheStreet raised shares of Darling Ingredients from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. Canaccord Genuity reissued a “buy” rating and set a $18.00 target price on shares of Darling Ingredients in a research report on Monday, May 8th. Zacks Investment Research downgraded shares of Darling Ingredients from a “buy” rating to a “hold” rating in a research report on Friday, May 12th. BidaskClub raised shares of Darling Ingredients from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 6th. Finally, BMO Capital Markets reissued a “buy” rating and set a $19.00 target price on shares of Darling Ingredients in a research report on Tuesday, May 16th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Darling Ingredients currently has an average rating of “Buy” and a consensus target price of $17.83.
In other Darling Ingredients news, CFO Patrick C. Lynch bought 18,820 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was bought at an average cost of $15.93 per share, for a total transaction of $299,802.60. Following the completion of the transaction, the chief financial officer now owns 128,958 shares of the company’s stock, valued at approximately $2,054,300.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Patrick C. Lynch bought 19,710 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The shares were acquired at an average price of $15.20 per share, with a total value of $299,592.00. Following the completion of the transaction, the chief financial officer now directly owns 110,138 shares of the company’s stock, valued at approximately $1,674,097.60. The disclosure for this purchase can be found here. Insiders have purchased 56,867 shares of company stock valued at $899,938 over the last 90 days. 1.95% of the stock is currently owned by company insiders.
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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