Darling Ingredients (NYSE:DAR – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.01), Briefing.com reports. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.48 billion. Darling Ingredients had a net margin of 8.46% and a return on equity of 12.27%. Darling Ingredients’s quarterly revenue was down 20.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 EPS.
Darling Ingredients Price Performance
Shares of DAR stock traded down $0.59 during trading hours on Friday, reaching $44.67. The company’s stock had a trading volume of 2,365,958 shares, compared to its average volume of 2,416,789. The firm’s 50 day simple moving average is $44.01 and its 200-day simple moving average is $44.54. The company has a market capitalization of $7.14 billion, a price-to-earnings ratio of 13.37 and a beta of 1.29. Darling Ingredients has a fifty-two week low of $38.97 and a fifty-two week high of $71.60. The company has a quick ratio of 1.10, a current ratio of 4.20 and a debt-to-equity ratio of 0.16.
Insider Buying and Selling at Darling Ingredients
In other Darling Ingredients news, Director Kurt Stoffel bought 8,000 shares of Darling Ingredients stock in a transaction on Thursday, February 29th. The shares were purchased at an average price of $41.62 per share, with a total value of $332,960.00. Following the acquisition, the director now owns 10,571 shares in the company, valued at approximately $439,965.02. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.62% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Analysis on DAR
About Darling Ingredients
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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