While Darling Ingredients Inc has underperformed by -3.55%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DAR fell by -41.95%, with highs and lows ranging from $63.67 to $33.94, whereas the simple moving average fell by -19.41% in the last 200 days.
On June 12, 2024, Citigroup Upgraded Darling Ingredients Inc (NYSE: DAR) to Buy. A report published by Citigroup on February 01, 2024, Initiated its previous ‘Neutral’ rating for DAR. BMO Capital Markets Initiated an Outperform rating on April 14, 2023, and assigned a price target of $80. Stephens January 17, 2023d its ‘Overweight’ rating to ‘Equal-Weight’ for DAR, as published in its report on January 17, 2023. Jefferies’s report from October 19, 2022 suggests a price prediction of $102 for DAR shares, giving the stock a ‘Buy’ rating. Stifel also rated the stock as ‘Buy’.
Analysis of Darling Ingredients Inc (DAR)
Further, the quarter-over-quarter decrease in sales is -16.83%, showing a negative trend in the upcoming months.
Darling Ingredients Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 8.37% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.91, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and DAR is registering an average volume of 2.16M. On a monthly basis, the volatility of the stock is set at 3.81%, whereas on a weekly basis, it is put at 4.89%, with a loss of -15.76% over the past seven days. Furthermore, long-term investors anticipate a median target price of $55.14, showing growth from the present price of $33.99, which can serve as yet another indication of whether DAR is worth investing in or should be passed over.
How Do You Analyze Darling Ingredients Inc Shares?
A giant in the Packaged Foods market, Darling Ingredients Inc (DAR) is based in the USA. When comparing Darling Ingredients Inc shares with other companies under Consumer Defensive, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.90, there is a growth in quarterly earnings of -68.62%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.24%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 101.56% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DAR shares are owned by institutional investors to the tune of 101.56% at present.
