What Recent Market Trends Mean for Darling Ingredients Inc’s (DAR) Stock

The stock of Darling Ingredients Inc (DAR) has gone down by -1.12% for the week, with a 3.98% rise in the past month and a -13.41% drop in the past quarter. The volatility ratio for the week is 2.62%, and the volatility levels for the past 30 days are 2.89% for DAR. The simple moving average for the last 20 days is 0.50% for DAR’s stock, with a simple moving average of -13.80% for the last 200 days.

Is It Worth Investing in Darling Ingredients Inc (NYSE: DAR) Right Now?

The price-to-earnings ratio for Darling Ingredients Inc (NYSE: DAR) is above average at 11.09x. The 36-month beta value for DAR is also noteworthy at 1.26. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for DAR is 157.81M, and at present, short sellers hold a 6.06% of that float. The average trading volume of DAR on July 24, 2024 was 2.48M shares.

DAR) stock’s latest price update

The stock of Darling Ingredients Inc (NYSE: DAR) has decreased by -0.80 when compared to last closing price of 37.43.Despite this, the company has seen a loss of -1.12% in its stock price over the last five trading days. investorplace.com reported 2024-07-19 that For the last two years, investors in consumer staples stocks saw every tiny step forward smacked down by two large steps back. Therefore, the 900+-point gain in the Dow Jones Industrial Average (DJIA) the week of July 15 was noteworthy.

Analysts’ Opinion of DAR

Many brokerage firms have already submitted their reports for DAR stocks, with Citigroup repeating the rating for DAR by listing it as a “Buy.” The predicted price for DAR in the upcoming period, according to Citigroup is $48 based on the research report published on June 12, 2024 of the current year 2024.

Citigroup, on the other hand, stated in their research note that they expect to see DAR reach a price target of $49. The rating they have provided for DAR stocks is “Neutral” according to the report published on February 01st, 2024.

DAR Trading at -4.29% from the 50-Day Moving Average

After a stumble in the market that brought DAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.14% of loss for the given period.

Volatility was left at 2.89%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares surge +1.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.28% lower at present.

During the last 5 trading sessions, DAR fell by -1.12%, which changed the moving average for the period of 200-days by -23.43% in comparison to the 20-day moving average, which settled at $36.96. In addition, Darling Ingredients Inc saw -25.50% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DAR starting from STUEWE RANDALL C, who sale 34,960 shares at the price of $42.84 back on May 20 ’24. After this action, STUEWE RANDALL C now owns 718,848 shares of Darling Ingredients Inc, valued at $1,497,686 using the latest closing price.

JANSEN MATTHEW J, the COO North America of Darling Ingredients Inc, purchase 6,000 shares at $42.76 during a trade that took place back on Mar 04 ’24, which means that JANSEN MATTHEW J is holding 74,065 shares at $256,560 based on the most recent closing price.

Stock Fundamentals for DAR

Current profitability levels for the company are sitting at:

  • 0.07 for the present operating margin
  • 0.15 for the gross margin

The net margin for Darling Ingredients Inc stands at 0.09. The total capital return value is set at 0.04. Equity return is now at value 12.59, with 4.98 for asset returns.

Based on Darling Ingredients Inc (DAR), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is 1.54.

Currently, EBITDA for the company is 1.06 billion with net debt to EBITDA at 4.86. When we switch over and look at the enterprise to sales, we see a ratio of 1.64. The receivables turnover for the company is 9.72for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.67.

Conclusion

In summary, Darling Ingredients Inc (DAR) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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