Key Points
- Joseph Manzi sold 3,000 shares at an average price of $63.89 on May 1 for $191,670, reducing his holding by 13.06% to 19,969 shares (≈$1.28M) per the SEC filing.
- Strong quarter and guidance: Darling reported $0.83 EPS (vs. ~ $0.56 est), $1.55B revenue (YoY +12.3%) and $134.3M net income, and management guided Q2 core-ingredients EBITDA of $260–$275M while analysts have raised price targets and maintain a consensus "Buy" (avg PT $67.40).
- Operational risk: a worker fatality at the Bastrop rendering plant has triggered an OSHA probe, posing potential fines, disruptions and negative sentiment despite the earnings beat.
Darling Ingredients Inc. (NYSE:DAR - Get Free Report) CAO Joseph Manzi sold 3,000 shares of Darling Ingredients stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $63.89, for a total value of $191,670.00. Following the transaction, the chief accounting officer directly owned 19,969 shares in the company, valued at approximately $1,275,819.41. This trade represents a 13.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Darling Ingredients Trading Down 0.6%
DAR opened at $63.82 on Friday. The firm has a market cap of $10.13 billion, a price-to-earnings ratio of 163.64 and a beta of 1.08. Darling Ingredients Inc. has a 52 week low of $29.15 and a 52 week high of $64.90. The business's 50 day moving average is $57.96 and its two-hundred day moving average is $44.93. The company has a quick ratio of 0.99, a current ratio of 4.64 and a debt-to-equity ratio of 0.15.
Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.56 by $0.27. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. Darling Ingredients had a return on equity of 5.76% and a net margin of 3.54%.The firm's revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.16) earnings per share. On average, research analysts predict that Darling Ingredients Inc. will post 4.25 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on DAR shares. TD Cowen lifted their price objective on shares of Darling Ingredients from $58.00 to $72.00 and gave the company a "buy" rating in a research note on Tuesday. Zacks Research upgraded shares of Darling Ingredients from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 14th. Robert W. Baird lifted their price objective on shares of Darling Ingredients from $64.00 to $75.00 and gave the company an "outperform" rating in a research note on Tuesday, April 7th. Scotiabank lifted their price objective on shares of Darling Ingredients from $61.00 to $70.00 and gave the company a "sector outperform" rating in a research note on Wednesday, April 22nd. Finally, UBS Group lifted their price objective on shares of Darling Ingredients from $58.00 to $78.00 and gave the company a "buy" rating in a research note on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Darling Ingredients presently has an average rating of "Buy" and a consensus price target of $67.40.
Get Our Latest Stock Report on Darling Ingredients
Darling Ingredients News Summary
Here are the key news stories impacting Darling Ingredients this week:
- Positive Sentiment: Q1 earnings beat and profitability turnaround — DAR reported $0.83 EPS vs. consensus ~$0.58 and swung to net income of $134.3M from a loss a year ago, highlighting margin recovery and operational leverage. Business Wire: Q1 Results
- Positive Sentiment: Q2 core ingredients EBITDA guide supports near-term cash generation — management expects core ingredients EBITDA of $260M–$275M for Q2, giving investors a clearer earnings runway despite renewable margin pressure from RVO shifts. MSN: Q2 EBITDA Guidance
- Neutral Sentiment: Revenue roughly in line — Q1 sales were about $1.55B vs. ~$1.56B consensus (YoY +12%), so top-line growth is modestly positive but not a surprise. Yahoo Finance: Sales In Line
- Neutral Sentiment: Analyst/coverage notes and investor materials released — earnings call transcript and slide deck are available for detail on segment performance, useful for reassessing estimates. Seeking Alpha: Call Transcript
- Negative Sentiment: Fatal incident and OSHA probe at Bastrop rendering plant — a worker death prompted an OSHA investigation and negative publicity that could lead to fines, operational disruption or higher compliance costs. This likely weighed on sentiment despite the beat. Hoodline: OSHA Probe
- Negative Sentiment: Insider sale by CAO — Joseph Manzi sold 3,000 shares (~13% reduction in his holding), a small but visible insider sale disclosed to the SEC that can be read negatively by some investors. SEC: Insider Filing
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Darling Ingredients in the fourth quarter valued at about $94,211,000. No Street GP LP purchased a new stake in shares of Darling Ingredients in the third quarter valued at about $69,458,000. Assenagon Asset Management S.A. boosted its holdings in shares of Darling Ingredients by 72.9% in the first quarter. Assenagon Asset Management S.A. now owns 2,091,960 shares of the company's stock valued at $129,388,000 after acquiring an additional 882,185 shares in the last quarter. Rubric Capital Management LP purchased a new stake in shares of Darling Ingredients in the fourth quarter valued at about $24,510,000. Finally, Amundi boosted its holdings in shares of Darling Ingredients by 177.7% in the fourth quarter. Amundi now owns 864,400 shares of the company's stock valued at $31,119,000 after acquiring an additional 553,081 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors and hedge funds.
About Darling Ingredients
(
Get Free Report)
Darling Ingredients Inc (NYSE: DAR) is a global leader in converting edible and inedible bio-nutrient streams into sustainable food, feed ingredients, renewable fuels and specialty products. Founded in 1882 and headquartered in Irving, Texas, the company builds on more than a century of experience in animal rendering and by-product recycling. Over time, Darling has expanded its capabilities beyond traditional rendering to include advanced processing technologies that support a circular economy and reduce waste from food and agricultural industries.
The company's core operations revolve around four primary segments: Feed Ingredients & Services, Food & Nutrition, Fuel Ingredients & Services, and Specialty Ingredients.
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