TheStreet upgraded shares of Darling Ingredients (NYSE:DAR) from a c+ rating to a b rating in a research note published on Tuesday morning.

A number of other research firms also recently issued reports on DAR. Zacks Investment Research upgraded shares of Darling Ingredients from a hold rating to a buy rating and set a $20.00 target price for the company in a report on Tuesday, March 6th. BMO Capital Markets downgraded shares of Darling Ingredients from an outperform rating to a market perform rating and boosted their target price for the company from $19.00 to $20.00 in a report on Thursday, March 1st. They noted that the move was a valuation call. Finally, Goldman Sachs restated a neutral rating and issued a $19.00 target price on shares of Darling Ingredients in a report on Wednesday, February 28th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target 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 current ratio of 1.71 and a quick ratio of 1.07. The firm has a market cap of $2,932.88, a P/E ratio of 23.04 and a beta of 1.43. Darling Ingredients has a 52-week low of $14.00 and a 52-week high of $19.50.

Darling Ingredients (NYSE:DAR) last posted its quarterly earnings data on Tuesday, February 27th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The business 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%. analysts forecast that Darling Ingredients will post 1 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in DAR. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Darling Ingredients by 54.9% in 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. Assetmark Inc. purchased a new stake in Darling Ingredients during the fourth quarter worth approximately $163,000. Zeke Capital Advisors LLC purchased a new stake in Darling Ingredients during the fourth quarter worth approximately $185,000. Advisor Group Inc. grew its stake in Darling Ingredients by 34.9% during the third quarter. Advisor Group Inc. now owns 11,927 shares of the company’s stock worth $209,000 after buying an additional 3,086 shares during the period. Finally, MML Investors Services LLC purchased a new stake in Darling Ingredients during the fourth quarter worth approximately $223,000. Hedge funds and other institutional investors own 99.94% of the company’s stock.

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Darling Ingredients Company Profile

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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