Scotiabank Has Pessimistic Outlook of DAR FY2025 Earnings

Darling Ingredients Inc. (NYSE:DAR) – Equities research analysts at Scotiabank cut their FY2025 EPS estimates for shares of Darling Ingredients in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst P. Cheng now forecasts that the company will post earnings per share of $2.75 for the year, down from their prior estimate of $3.00. The consensus estimate for Darling Ingredients’ current full-year earnings is $1.88 per share.

Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. increased their price objective on Darling Ingredients from $58.00 to $59.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Jefferies Financial Group raised their price target on shares of Darling Ingredients from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Piper Sandler dropped their price objective on shares of Darling Ingredients from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. Finally, TD Cowen lowered their target price on Darling Ingredients from $45.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, September 13th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Darling Ingredients currently has a consensus rating of “Moderate Buy” and an average target price of $53.44.

Darling Ingredients Trading Down 2.7 %

DAR stock opened at $33.67 on Friday. The business’s 50-day moving average is $37.52 and its 200 day moving average is $37.57. Darling Ingredients has a 12-month low of $32.55 and a 12-month high of $48.39. The stock has a market cap of $5.36 billion, a price-to-earnings ratio of 20.78 and a beta of 1.21. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.

Darling Ingredients (NYSE:DAR) last announced its quarterly earnings results on Thursday, October 24th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.29). The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Darling Ingredients had a net margin of 4.42% and a return on equity of 5.98%. Darling Ingredients’s revenue for the quarter was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.77 EPS.

Institutional Investors Weigh In On Darling Ingredients

A number of hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. increased its stake in shares of Darling Ingredients by 38.0% during the third quarter. Blue Trust Inc. now owns 1,046 shares of the company’s stock worth $38,000 after buying an additional 288 shares during the period. Nisa Investment Advisors LLC increased its position in shares of Darling Ingredients by 2.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 12,015 shares of the company’s stock valued at $446,000 after purchasing an additional 310 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Darling Ingredients by 75.0% in the 3rd quarter. Signaturefd LLC now owns 901 shares of the company’s stock valued at $33,000 after purchasing an additional 386 shares in the last quarter. Glenmede Trust Co. NA grew its stake in shares of Darling Ingredients by 5.7% during the third quarter. Glenmede Trust Co. NA now owns 7,609 shares of the company’s stock worth $283,000 after purchasing an additional 412 shares in the last quarter. Finally, Corbyn Investment Management Inc. MD raised its stake in Darling Ingredients by 1.6% in the third quarter. Corbyn Investment Management Inc. MD now owns 29,676 shares of the company’s stock valued at $1,103,000 after buying an additional 455 shares in the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

About Darling Ingredients

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.