Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Darling Ingredients Inc’s stock clocked out at $46.00, up 3.86% from its previous closing price of $44.29. In other words, the price has increased by $3.86 from its previous closing price. On the day, 2.57 million shares were traded. DAR stock price reached its highest trading level at $46.38 during the session, while it also had its lowest trading level at $44.01.
Ratios:
To gain a deeper understanding of DAR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.83. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on February 01, 2024, initiated with a Neutral rating and assigned the stock a target price of $49.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when JANSEN MATTHEW J bought 6,000 shares for $42.76 per share. The transaction valued at 256,560 led to the insider holds 74,065 shares of the business.
Stoffel Kurt bought 8,000 shares of DAR for $332,960 on Feb 29 ’24. The Director now owns 10,571 shares after completing the transaction at $41.62 per share. On Nov 20 ’23, another insider, MANZI JOSEPH, who serves as the Chief Accounting Officer of the company, bought 1,025 shares for $43.38 each. As a result, the insider paid 44,464 and bolstered with 6,978 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAR now has a Market Capitalization of 7349879808 and an Enterprise Value of 11707730944. As of this moment, Darling’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.74, and their Forward P/E ratio for the next fiscal year is 11.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.824 whereas that against EBITDA is 11.985.
Stock Price History:
Over the past 52 weeks, DAR has reached a high of $71.60, while it has fallen to a 52-week low of $38.97. The 50-Day Moving Average of the stock is 4.41%, while the 200-Day Moving Average is calculated to be -5.52%.
Shares Statistics:
It appears that DAR traded 2.06M shares on average per day over the past three months and 2112130 shares per day over the past ten days. A total of 159.53M shares are outstanding, with a floating share count of 157.79M. Insiders hold about 1.25% of the company’s shares, while institutions hold 101.60% stake in the company. Shares short for DAR as of 1713139200 were 9305057 with a Short Ratio of 4.52, compared to 1710460800 on 8037759. Therefore, it implies a Short% of Shares Outstanding of 9305057 and a Short% of Float of 6.68.
