Darling Ingredients (DAR) Expected to Announce Quarterly Earnings on Tuesday

Darling Ingredients (NYSE:DAR) will likely be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect Darling Ingredients to post earnings of $0.64 per share and revenue of $1.46 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Darling Ingredients (NYSE:DAR) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.48 by $0.15. Darling Ingredients had a net margin of 4.88% and a return on equity of 6.04%. On average, analysts expect Darling Ingredients to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Darling Ingredients Stock Down 1.0 %

Shares of NYSE:DAR opened at $39.18 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.41. The company has a market cap of $6.23 billion, a PE ratio of 22.65 and a beta of 1.21. Darling Ingredients has a 52 week low of $32.55 and a 52 week high of $48.39. The firm has a 50 day simple moving average of $36.21 and a 200 day simple moving average of $37.62.

Wall Street Analysts Forecast Growth

DAR has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Darling Ingredients from $58.00 to $59.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Stephens restated an “overweight” rating and issued a $52.00 price target on shares of Darling Ingredients in a research report on Thursday, January 23rd. Finally, Citigroup reduced their price target on shares of Darling Ingredients from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Darling Ingredients currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.22.

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.