Darling Ingredients Inc (DAR) is -3.13% away from 50-day simple Moving Average despite all headwinds

Darling Ingredients Inc (NYSE: DAR) on Tuesday, plunged -1.76% from the previous trading day, before settling in for the closing price of $43.14. Within the past 52 weeks, DAR’s price has moved between $38.97 and $71.60.

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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 15.82%. The company achieved an average annual earnings per share of -18.04%. With a float of $157.79 million, this company’s outstanding shares have now reached $159.53 million.

The extent of productivity of a business whose workforce counts for 15800 workers is very important to gauge.

Darling Ingredients Inc (DAR) Insider and Institutional Ownership

Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Darling Ingredients Inc is 1.25%, while institutional ownership is 99.94%. The most recent insider transaction that took place on Mar 04 ’24, was worth 256,560. In this transaction COO North America of this company bought 6,000 shares at a rate of $42.76, taking the stock ownership to the 74,065 shares. Before that another transaction happened on Feb 29 ’24, when Company’s Director bought 8,000 for $41.62, making the entire transaction worth $332,960. This insider now owns 10,571 shares in total.

Darling Ingredients Inc (DAR) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 240.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -18.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 45.84% growth over the previous five years of trading.

Darling Ingredients Inc (NYSE: DAR) Trading Performance Indicators

Darling Ingredients Inc (DAR) is currently performing well based on its current performance indicators. A quick ratio of 1.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00. Likewise, its price to free cash flow for the trailing twelve months is 19.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.99, a number that is poised to hit 1.47 in the next quarter and is forecasted to reach 4.50 in one year’s time.

Technical Analysis of Darling Ingredients Inc (DAR)

The latest stats from [Darling Ingredients Inc, DAR] show that its last 5-days average volume of 2.16 million was superior to 2.05 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.01%. Additionally, its Average True Range was 1.52.

During the past 100 days, Darling Ingredients Inc’s (DAR) raw stochastic average was set at 20.67%, which indicates a significant increase from 3.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.23% in the past 14 days, which was higher than the 36.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $43.73, while its 200-day Moving Average is $50.42. Now, the first resistance to watch is $42.89. This is followed by the second major resistance level at $43.39. The third major resistance level sits at $43.77. If the price goes on to break the first support level at $42.01, it is likely to go to the next support level at $41.63. The third support level lies at $41.13 if the price breaches the second support level.

Darling Ingredients Inc (NYSE: DAR) Key Stats

Market capitalization of the company is 6.77 billion based on 159,780K outstanding shares. Right now, sales total 6,788 M and income totals 647,730 K. The company made 1,614 M in profit during its latest quarter, and 84,520 K in sales during its previous quarter.