Darling Ingredients (NYSE:DAR) was upgraded by research analysts at TheStreet from a “c+” rating to a “b” rating in a report issued on Tuesday.

Several other research analysts have also commented on the stock. Goldman Sachs reaffirmed a “neutral” rating and set a $19.00 price objective on shares of Darling Ingredients in a research note on Wednesday, February 28th. Zacks Investment Research raised shares of Darling Ingredients from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Tuesday, March 6th. Finally, BMO Capital Markets lowered shares of Darling Ingredients from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $19.00 to $20.00 in a research note on Thursday, March 1st. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $19.71.

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Darling Ingredients (NYSE DAR) opened at $17.74 on Tuesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.07 and a current ratio of 1.71. The company has a market cap of $2,932.88, a price-to-earnings ratio of 23.04 and a beta of 1.43. Darling Ingredients has a one year low of $14.00 and a one year high of $19.50.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings data on Tuesday, February 27th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $952.55 million during the quarter, compared to analyst estimates of $896.87 million. Darling Ingredients had a net margin of 3.50% and a return on equity of 1.82%. equities analysts anticipate that Darling Ingredients will post 1 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Darling Ingredients by 54.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,923 shares of the company’s stock valued at $144,000 after purchasing an additional 2,808 shares during the period. Advisor Group Inc. boosted its stake in shares of Darling Ingredients by 34.9% during the third quarter. Advisor Group Inc. now owns 11,927 shares of the company’s stock valued at $209,000 after purchasing an additional 3,086 shares during the period. Stanley Laman Group Ltd. boosted its stake in shares of Darling Ingredients by 1.1% during the fourth quarter. Stanley Laman Group Ltd. now owns 334,131 shares of the company’s stock valued at $6,058,000 after purchasing an additional 3,542 shares during the period. KBC Group NV boosted its stake in shares of Darling Ingredients by 1.0% during the third quarter. KBC Group NV now owns 346,684 shares of the company’s stock valued at $6,074,000 after purchasing an additional 3,578 shares during the period. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Darling Ingredients by 6.3% during the fourth quarter. Louisiana State Employees Retirement System now owns 70,900 shares of the company’s stock valued at $1,285,000 after purchasing an additional 4,200 shares during the period. 99.94% of the stock is owned by hedge funds and other institutional investors.

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About Darling Ingredients

Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.

Analyst Recommendations for Darling Ingredients (NYSE:DAR)

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