Darling Ingredients
About: Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries. It collects and transforms all aspects of animal by-product streams into ingredients, including gelatin, fats, proteins, pet food ingredients, fertilizers. Also, the company recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. Darling has three primary business segments which are feed ingredients contributing the majority of revenue, food ingredients, and fuel ingredients. It provides grease trap services for food businesses and sells various equipment for collecting and delivering cooking oil. The company derives the majority of its revenue from customers in North America.
Employees: 15,800
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
30% more call options, than puts
Call options by funds: $137M | Put options by funds: $106M
20% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 157
1.22% more ownership
Funds ownership: 96.12% [Q2] → 97.34% (+1.22%) [Q3]
2% more capital invested
Capital invested by funds: $5.64B [Q2] → $5.75B (+$110M) [Q3]
4% less funds holding
Funds holding: 478 [Q2] → 459 (-19) [Q3]
21% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 63
63% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 3 (-5) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$46
30%
upside
Avg. target
$53
48%
upside
High target
$59
67%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan John Royall 35% 1-year accuracy 6 / 17 met price target | 67%upside $59 | Overweight Maintained | 30 Oct 2024 |
Jefferies Lloyd Byrne 73% 1-year accuracy 16 / 22 met price target | 30%upside $46 | Buy Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 3 articles about DAR published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Insect Protein Market and Competition Forecast 2024-2032: Innovafeed, Darling Ingredients, Hexafly, Protix, and Aspire Food Group Dominate
Insect Protein Positioned as a Game-Changer in Meeting Global Food System Challenges: Maturing Market and Consumer Acceptance Open New Avenues for Insect Protein Adoption Insect Protein Positioned as a Game-Changer in Meeting Global Food System Challenges: Maturing Market and Consumer Acceptance Open New Avenues for Insect Protein Adoption
Neutral
Business Wire
1 week ago
Darling Ingredients Inc. Awarded its First-Ever ISS ESG Prime Status
IRVING, Texas--(BUSINESS WIRE)---- $DAR--Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that the company achieved its first-ever “Prime” status from Institutional Shareholder Services ESG, improved its ESG Corporate Rating to B-, and is ranked in the top 10% of companies within its industry. ISS ESG is the responsible investment arm of proxy advisory firm ISS and conducts regular sustainabil.
Positive
Zacks Investment Research
3 weeks ago
Are Investors Undervaluing Darling Ingredients (DAR) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
PRNewsWire
1 month ago
Darling Ingredients Inc. Announces Leadership Changes
Brad Phillips, Executive Vice President and Chief Financial Officer, to retire Robert Day to be named Executive Vice President and Chief Financial Officer Sandra Dudley to be named Executive Vice President, Renewables and Chief Strategy Officer Carlos Paz joins as Executive Vice President, Global Risk Management, Ingredients IRVING, Texas , Dec. 12, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced that Brad Phillips, Executive Vice President and Chief Financial Officer, will retire from the company after 36 years, effective June 15, 2025. Robert Day, currently Executive Vice President and Chief Strategy Officer, will assume the role of Executive Vice President and Chief Financial Officer effective on the day after the company files its 2024 Form 10-K, which is expected to occur on Feb. 25, 2025; after which, Phillips will remain employed until his retirement date to assist Day in his transition to his new role.
Neutral
PRNewsWire
1 month ago
Darling Ingredients Inc. Announces Avfuel Corporation Takes First Delivery of Sustainable Aviation Fuel produced by Diamond Green Diesel
IRVING, Texas , Dec. 10, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that Avfuel Corporation, the leading independent supplier of aviation fuel and services, took the first delivery of sustainable aviation fuel (SAF) produced by Diamond Green Diesel (DGD), a 50/50 joint venture between Darling Ingredients and Valero Energy Corporation (NYSE: VLO, "Valero"). Naples Aviation (KAPF) accepted Avfuel's delivery of SAF, marking the fuel supplier's first network location to offer SAF for general sale in the eastern United States.
Neutral
PRNewsWire
1 month ago
Darling Ingredients Inc. Announces Diamond Green Diesel Receives Approval of Excise Tax Registration
IRVING, Texas , Dec. 10, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced that its 50/50 joint venture Diamond Green Diesel (DGD) received approval of its Excise Tax Registration from the Internal Revenue Service. Registration is one of the requirements for a taxpayer to be eligible to claim the Internal Revenue Code 45Z credit.
Neutral
PRNewsWire
2 months ago
Darling Ingredients Inc. to Participate in Jefferies Renewable & Clean Energy Conference
IRVING, Texas , Oct. 28, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that the company will participate in the Jefferies Renewables & Clean Energy Conference on Wednesday, December 4, 2024. The company will hold investor meetings, and Chairman and Chief Executive Officer Randall C.
Neutral
Seeking Alpha
2 months ago
Darling Ingredients Inc. (DAR) Q3 2024 Earnings Call Transcript
Darling Ingredients Inc. (NYSE:DAR ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Suann Guthrie - Senior Vice President of Investor Relations, Sustainability and Global Communications Randall Stuewe - Chairman and Chief Executive Officer Brad Phillips - Executive Vice President and Chief Financial Officer Robert Day - Executive Vice President and Chief Strategy Officer Matt Jansen - Chief Operating Officer of North America Conference Call Participants Thomas Palmer - Citi Paul Cheng - Scotiabank Dushyant Ailani - Jefferies Heather Jones - Heather Jones Research Manav Gupta - UBS John Royall - JPMorgan Andrew Strelzik - BMO Matthew Blair - Tudor, Pickering, Holt Ryan Todd - Simmons Energy Ben Kallo - Baird Jason Gabelman - TD Cohen Operator Good morning, and welcome to the Darling Ingredients Inc. Conference Call to discuss the Company's Third Quarter 2024 Financial Results. After the speakers' prepared remarks, there will be a question-and-answer session period, and instructions to ask a question will be given at that time.
Neutral
Zacks Investment Research
2 months ago
Darling (DAR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Darling (DAR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
2 months ago
Darling Ingredients (DAR) Q3 Earnings and Revenues Miss Estimates
Darling Ingredients (DAR) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.77 per share a year ago.
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