Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Darling Ingredients Inc (NYSE: DAR) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Darling Ingredients Inc (NYSE: DAR) stock closed at $46.35 on 5/10/24 after a modest gain of 0.8%. Moreover, above average trading volume at 137% of normal accompanied the advance. The stock has risen 8.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, DAR is expected to continue to be a Value Builder.
Darling Ingredients has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Darling Ingredients has a good Appreciation Score of 84 but a very low Power Rating of 2, producing the Negative Value Trend Rating.
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