Darling Ingredients (NYSE:DAR – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.01), Briefing.com reports. Darling Ingredients had a net margin of 9.54% and a return on equity of 15.05%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period in the prior year, the company posted $1.16 EPS. The firm’s quarterly revenue was down 20.7% on a year-over-year basis.
Darling Ingredients Trading Down 2.0 %
Shares of DAR stock traded down $0.91 on Friday, hitting $44.35. The stock had a trading volume of 1,261,457 shares, compared to its average volume of 2,087,564. The firm has a market cap of $7.09 billion, a P/E ratio of 11.16 and a beta of 1.29. Darling Ingredients has a twelve month low of $38.97 and a twelve month high of $71.60. The company has a current ratio of 1.86, a quick ratio of 1.10 and a debt-to-equity ratio of 0.93. The company has a fifty day moving average price of $43.97 and a two-hundred day moving average price of $44.58.
Insiders Place Their Bets
In other Darling Ingredients news, Director Kurt Stoffel purchased 8,000 shares of the stock in a transaction on Thursday, February 29th. The stock was bought at an average cost of $41.62 per share, for a total transaction of $332,960.00. Following the completion of the acquisition, the director now directly owns 10,571 shares of the company’s stock, valued at $439,965.02. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.62% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Darling Ingredients
Darling Ingredients Company Profile
Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.
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