Darling Ingredients Inc. (NYSE:DAR) went up by 1.97% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Packaged Foods giant went up by $24.29 to trade ended Tuesday trading at $23.82. This is up from the $23.82 price recorded on Monday’s trading session. Thanks to this latest performance, DAR is closer to the higher price 52-week target of $38.00 and further from the lowest price target of $24.00. Its performance from the start of the year has also been negative, with DAR down by -13.50% year-to-date.
Darling Ingredients Inc. (DAR) started the day trading at $24.86 and recorded an intraday high of $24.97. It also recorded an intraday low of $23.52 during Tuesday’s trading session. Darling Ingredients Inc. is a very active stock that recorded a trading volume that is less than -74.12% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 700657, which is less than -74.12 of the total average daily trading volume of 1.22 million.
Darling Ingredients Inc. (NYSE:DAR) 2020 Performance Impressive
The increase in DAR’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of DAR currently stands at $29.57, which is higher than the current trading price of the stock by 17.86%. However, DAR’s current trading price is -136.98% lower than the 52-week low price of $10.25. In terms of trading volume, Darling Ingredients Inc. currently experienced healthy participation during the last trading session. 700657 shares of Darling Ingredients Inc. were traded on the stock exchange on Tuesday, which is less than -74.12% of the 1.22 million average trading volume of the stock.
The performance of the stock has been positive over the past year. DAR’s performance over the past one year has seen it surge by 24.88%, while the stock has gone down by -3.30% in the last six months. The quarterly performance of DAR currently stands at 38.33%, and it is up by 19.13% in the last month. The only negative figure was from the weekly performance, which currently reads -5.19%. At the time of writing DAR’s report, the company has a total market cap of $3.82B, making it one of the largest publicly-traded companies in the world.Darling Ingredients Inc. also has over 10100 employees all over the world.
DAR Insider Activities
For Darling Ingredients Inc., insiders hold 98.70% of all company shares. The insider transactions over the past six months are up by 57.90%. During that period, insiders bought 878,221 shares in 30 transactions. In that same period, insiders sold 254,875 of their shares in 16 transactions. After these transactions, insiders at Darling Ingredients Inc. now hold 2.26M shares, which is over 99.98% of the total company stocks. Institutional investors currently hold a large chunk of the DAR shares, as they control 1.40% of the company’s total stock.
DAR Fundamental Analysis
For Darling Ingredients Inc., the stock’s diluted earnings per share (EPS) stands at 2.26. In the coming year, analysts expect the EPS to be 1.59. The EPS growth will up over the next five years to 3.00% after surging by 36.70% in the previous five years. In terms of revenue, Darling Ingredients Inc.’s quarterly sales (YOY) is growing at 0.30, which is lower than the average annual revenue of 36.70% over the past half a decade.
The Return on Investment (ROI) on Darling Ingredients Inc.’s stock currently stands at 9.70%. The gross margin of the company is 23.30%.
DAR Analysts Prediction
In March 09, 2020, several analysts reiterated their positions on the Darling Ingredients Inc. stock and predicted its performance to their investors. The analysts at Goldman believe DAR is still a Buy and set the price target between $29 and $37.
BB&T Capital Mkts and ROTH Capital also believe that Darling Ingredients Inc.’s stock is outperforming at the moment.
At the moment, Darling Ingredients Inc.’s Total Debt to Equity ratio stands at 0.69, and they have a long-term Debt to Equity ratio of 0.65.
DAR Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of DAR currently stands at 3.12%, while the SMA50 is 12.89%. The biggest one is the SMA200, which is currently reading 7.08% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 56.15, while its price to earnings ratio (P/E) is 10.74.