Darling Ingredients Inc (NYSE: DAR) Emerges As Guiding Light For Investors

Darling Ingredients Inc (NYSE:DAR) currently has a daily average trading volume of 1.95M but it saw 2628235 shares traded in last market. With a market cap of 6.08B USD, the company’s current market price of $38.25 came falling about -0.80 while comparing to the previous closing price of $38.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $51.36 and as low as $32.67. In the recent trading on the day, stock has struck highest price mark of $37.99 while lowest mark touched by it was $38.84.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Hold” in its note to investors issued on September 13, 2024, recommending a price target of between $45 and $43 for it. Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on June 12, 2024 while assigning a price target of $48. Citigroup issued its recommendations for the stock as it initiated the price target for the stock is $49.

Over the week, DAR’s stock price is moving 5.55% up while it is 3.57% when we observe its performance for the past one month. Year-to-date it is -23.25% down and over the past year, the stock is showing a downside performance of -6.52%.

Currently, Darling Ingredients Inc’s total number of outstanding shares is 159.53M. Company’s return on investment (ROI) stands at 4.14% and return on equity (ROE) at 8.37%. It has a price to earnings ratio (P/E ratio) of 16.77 while having a 11.88 of forward P/E ratio. Stock’s beta reads 1.24. Stock has a price to book (P/B) ratio of 1.36 while price to sale or P/S ratio amounts to 1.00. Its return on asset (ROA) is 3.42% on average.