14 May, 2017
(NYSE:DAR) needs to be adopt little strategic shift, their beta stands at 1.42 and 1.69 respectively, which is intimating active (short-term) investors. The 52 week high Darling International's shares have reached is 15.93 whilst the 52 week low for the company's shares is 11.51.
What happened with Darling Ingredients this quarter? BMO Capital Markets boosted their target price on Darling Ingredients from $18.00 to $19.00 and gave the stock an "outperform" rating in a research note on Thursday, March 2nd.
In recent trade, Fluor Corporation (NYSE:FLR) declared the decline of -0.75% and finalized at $47.82 with the total traded volume of 2.67 Million shares. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Finally, BlackRock Advisors LLC raised its stake in shares of Darling Ingredients by 10.1% in the third quarter. For the outlook of the current financial quarter, Analysts think the firm will post 0.57 earnings per share. Based on the brokers price target of 18, this means Canaccord Genuity believes there is a potential increase of 16.24% from the current stock price of 15.49. The company's revenue for the quarter was up 9.6% on a year-over-year basis.
Russell Investments Group Ltd. purchased a new stake in shares of Darling Ingredients Inc (NYSE:DAR) during the fourth quarter, according to its most recent filing with the SEC. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock.
The company's 50 day moving average is 14.71 and its 200 day moving average is 13.62. The company's revenue was up 12.9% compared to the same quarter a year ago. Darling Ingredients had a net margin of 4.40% and a return on equity of 7.34%. During the same quarter past year, the company posted $0.01 EPS. Finally, Zacks Investment Research upgraded shares of Darling Ingredients from a "sell" rating to a "hold" rating in a research note on Wednesday, March 1st.
Darling Ingredients Inc. (NYSE:DAR) shares have been recently spotted -2.95% away from the 52-week high, and 34.32% away from the 52-week low mark. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. If you are viewing this news story on another site, it was illegally copied and reposted in violation of US and worldwide trademark and copyright legislation. TheStreet upgraded Darling Ingredients from a "c+" rating to a "b-" rating in a research report on Thursday, April 27th. BlackRock Inc. now owns 261,974 shares of the company's stock worth $3,539,000 after buying an additional 163,491 shares during the last quarter. Dimensional Fund Advisors LP now owns 12,770,238 shares of the company's stock valued at $185,423,000 after buying an additional 802,072 shares in the last quarter.
Construction of the new plant employing EnviroFlight's system will begin in May, supporting development of sustainable high-nutrition BSF ingredients for the global animal feed industry.Initial production capacity is expected in the first quarter of 2018, and will be targeted toward supplying livestock, aquaculture, and pet food markets.
