For its first fiscal quarter (ending March 31), Darling Ingredients Inc (NYSE: DAR) has reported E.P.S. of $0.51 compared to $1.16 a year ago. For the latest four quarters through March 31, E.P.S. were $3.40 compared to $4.58 a year ago.
Recent Price Action
Darling Ingredients Inc (NYSE: DAR) stock enjoyed a large increase of 4.9% on 4/25/24. The stock closed at $45.26. Moreover, exceptionally high trading volume at 257% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 8.5% during the last week.
Current PriceTarget Research Rating
DAR is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Darling Ingredients has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Darling Ingredients has a very high Appreciation Score of 87 but a very low Power Rating of 2, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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