Darling Ingredients Inc. (NYSE:DAR) changes shares on Friday trading session, with a change of 0.50% or $0.12 shares. The trading starts at $24.12 and closed at $23.85 throughout the day. The trading session low price was $23.61 and day high was $24.34 on Friday, June 19. After the session, the Consumer Defensive sector daily volume shifted to 1.94 million while its average volume is 1.16M. In other hand, the DAR market cap reached to $3.86B. While, its current target price is $23.97 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 4.22% and up 9.85% for month. Its quarterly performance was 58.01% above, while its half year performance is down -11.78%. DAR yearly performance stood at positive 17.62% and fall -14.64% for year-to-date. Current recommendation for Darling Ingredients Inc. is 2.00.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. DAR EPS (TTM) for 12-month is 2.26. EPS for this year is 212.40%, while for the next year its value is 1.59. Sales growth for the current quarter is 3.53 while its EPS Q/Q reached 376.80%. It has an EPS of 36.70% up for past five years and for the next five years will be up 3.00%.
Let’s take a look on the analyst recommendations on DAR for the current month and previous month. For the current month, 4 of 7 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 6 analysts participate in stock recommendation. Out of 6, 0 rated it sell, 2 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $24.00-$38.00. Average target price for DAR was reached at $31.57.
Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in Darling Ingredients Inc. (DAR) stock. On Mar 30, 2020, Blackrock Inc. has 18.91 million shares which valued 362.5 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 16.42 million shares which valued at 314.68 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 11.68 million shares which valued at 223.91 million. In the end, Dimensional Fund Advisors LP have 7.22% shares outstanding of Darling Ingredients Inc. (DAR) on Mar 30, 2020. The insider ownership moved to 1.60% and institutional holding shifted to 98.70%.
The company posted an EPS (TTM) of 2.26. According to the most recent quarter report on (Jun 2020), 7 analysts estimated an average EPS of 0.3, while 0.16 EPS posted a year ago period. Analyst Estimated EPS for DAR published in the report was 0.18-0.51 during the same period. Comparing with last year, the average estimated EPS was 0.16 which is lower than 0.51 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for DAR rise 5.30% for period of 200 days. SMA for 50 days was 9.73% which is showing green signal, while SMA-20 was 0.38%. The moving average value for Darling Ingredients Inc. (DAR) is 23.91 and 22.74 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in DAR stock. On Mar 18, PHILLIPS BRAD, EVP – Chief Financial Officer, bought 2,500 trading shares at the cost of $13.58, which valued at 33950.0. On Mar 18, MUSE JOHN O, EVP- Chief Admin. Officer, bought 10,000 shares at the cost of $12.28, with total shares of 137,029. On Mar 18, Adair Charles L, Director, bought 1,000 shares at the cost of 13.20. After this transaction, Adair Charles L total shares reached to 25,463 which valued at 13200.0.