Darling Ingredients Inc. (NYSE:DAR) shares traded lower over the last trading session, losing -6.26% on 05/19/21. The shares fell to a low of $66.561 before closing at $67.20. Intraday shares traded counted 3.25 million, which was -115.07% lower than its 30-day average trading volume of 1.51M. DAR’s previous close was $71.69 while the outstanding shares total 163.15M. The firm has a beta of 1.04, a 12-month trailing P/E ratio of 29.66. The stock’s Relative Strength Index (RSI) is 39.66, with weekly volatility at 5.08% and ATR at 3.48. The DAR stock’s 52-week price range has touched low of $21.33 and a $79.65 high.
Investors have identified the Packaged Foods company Darling Ingredients Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $10.97 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Darling Ingredients Inc. (DAR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For DAR, the company has in raw cash 71.38 million on their books with 27.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 940.77 million total, with 637.71 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 4.01 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DAR sounds very interesting.
Is the stock of DAR attractive?
In related news, Director, Kloosterboer Dirk sold 20,000 shares of the company’s stock in a transaction that recorded on Mar 11. The sale was performed at an average price of 76.71, for a total value of 1,534,200. As the sale deal closes, the EVP – Darling US Rendering Ops, Elrod Rick A now sold 20,535 shares of the company’s stock, valued at 1,575,445. Also, EVP – Rousselot, Vervoort Jos sold 10,000 shares of the company’s stock in a deal that was recorded on Mar 08. The shares were price at an average price of 76.09 per share, with a total market value of 760,900. Following this completion of acquisition, the Chairman and CEO, STUEWE RANDALL C now holds 132,409 shares of the company’s stock, valued at 9,401,039. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.
9 out of 12 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Darling Ingredients Inc.. 0 analysts has assigned a Sell rating on the DAR stock. The 12-month mean consensus price target for the company’s shares has been set at $83.80.