Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Darling Ingredients Inc (NYSE: DAR) improved during the last several trading days. DAR’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 5/1/24, Darling Ingredients Inc (NYSE: DAR) stock declined slightly by -0.9%, closing at $41.98. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -2.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DAR is expected to continue to be a Value Builder.
Darling Ingredients has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Darling Ingredients has a very high Appreciation Score of 86 but a very low Power Rating of 1, triggering the Low Neutral Value Trend Rating.
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