A new trading day began on September 22, 2022, with Darling Ingredients Inc. (NYSE: DAR) stock priced at $74.00, down -1.75% from the previous day of trading. During the day, the shares moved up to $74.41 and dropped to $72.10 before settling in for the closing price of $73.77. DAR’s price has ranged from $55.71 to $87.59 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 6.90%. Meanwhile, its annual earnings per share averaged 119.40%. With a float of $158.93 million, this company’s outstanding shares have now reached $161.63 million.
Considering the fact that the conglomerate employs 9900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +19.90, operating margin of +11.70, and the pretax margin is +17.34.
Darling Ingredients Inc. (DAR) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Packaged Foods Industry. The insider ownership of Darling Ingredients Inc. is 1.10%, while institutional ownership is 97.00%. The most recent insider transaction that took place on Jun 02, was worth 1,023,330. In this transaction EVP – Chief Strategy Officer of this company sold 12,374 shares at a rate of $82.70, taking the stock ownership to the 109,496 shares. Before that another transaction happened on Jun 01, when Company’s EVP & Chief Admin Officer sold 25,000 for $80.82, making the entire transaction worth $2,020,500. This insider now owns 48,489 shares in total.
Darling Ingredients Inc. (DAR) Recent Fiscal highlights
In its latest quarterly report, released on 3/30/2022, the company reported earnings of $1.14 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +13.74 while generating a return on equity of 21.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 119.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.99% during the next five years compared to 44.50% growth over the previous five years of trading.
Darling Ingredients Inc. (NYSE: DAR) Trading Performance Indicators
Here are Darling Ingredients Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.14. Likewise, its price to free cash flow for the trailing twelve months is 25.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.19, a number that is poised to hit 1.39 in the next quarter and is forecasted to reach 6.78 in one year’s time.
Technical Analysis of Darling Ingredients Inc. (DAR)
Compared to the last year’s volume of 1.41 million, its volume of 1.13 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.39%. Additionally, its Average True Range was 2.37.
During the past 100 days, Darling Ingredients Inc.’s (DAR) raw stochastic average was set at 52.60%, which indicates a significant increase from 6.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.33% in the past 14 days, which was lower than the 44.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $71.78, while its 200-day Moving Average is $71.30. Nevertheless, the first resistance level for the watch stands at $73.89 in the near term. At $75.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $76.20. If the price goes on to break the first support level at $71.58, it is likely to go to the next support level at $70.69. Now, if the price goes above the second support level, the third support stands at $69.27.
Darling Ingredients Inc. (NYSE: DAR) Key Stats
With a market capitalization of 11.78 billion, the company has a total of 160,372K Shares Outstanding. Currently, annual sales are 4,741 M while annual income is 650,910 K. The company’s previous quarter sales were 1,650 M while its latest quarter income was 202,000 K.