AI Trading NYSE Thu, 02 Nov

Dear Reader,

DAR (Darling Ingredients Inc.) is a strong buy according to an AI strategy which has a past accuracy of 0.65 when predicting upward trends. If investors traded with this strategy between 2021-06-10 and 2023-07-26, they could have potentially made a 208.3% return, with an average trade of 26.04% and 73.0 days in the long position. The analyst consensus price target for DAR is 171.98, and there were a total of 8.0 positions taken during this period.

Darling Ingredients Inc. (NYSE: DAR) is a leading producer of natural ingredients from edible and non-edible bio-nutrients. Founded in 1882 and headquartered in Irving, Texas, the company’s products are used in a wide range of industries, including food production and animal feed. As of November 1, 2023, Darling Ingredients Inc.’s stock is trading at $44.03, with a market capitalization of $10.52 billion.

Darling Ingredients Inc.’s revenue has experienced steady growth over the past five years, rising from $3.9 billion in 2017 to $6.1 billion in 2020. The company has credited its success to its focus on sustainability and innovation, as well as its commitment to delivering superior customer service. In addition, Darling Ingredients Inc. has also benefited from the rising demand for its products in the food and animal feed industries.

Darling Ingredients Inc.’s stock has also experienced a strong performance in the past year. Since November 1, 2020, the stock has risen from $30.03 to its current level of $44.03, representing an increase of 46.7%. This performance has been driven by the company’s strong financial results as well as investor optimism for the future of the company. Analysts have a target price of $98 for the stock, representing upside potential of 121% from its current level.

Overall, Darling Ingredients Inc. is well-positioned for continued success in the years ahead. With a strong portfolio of products, a commitment to sustainability, and a healthy balance sheet, the company is well-positioned to capitalize on the current market environment and continue to deliver value to its shareholders.

Symbol: DAR
AssetType: Common Stock
Name: Darling Ingredients Inc
Description: Darling Ingredients Inc. develops, produces and sells natural ingredients from edible and non-edible bio-nutrients. The company is headquartered in Irving, Texas.
CIK: 916540
Exchange: NYSE
Currency: USD
Country: USA
Sector: MANUFACTURING
Industry: FATS & OILS
Address: 5601 N MACARTHUR BLVD, IRVING, TX, US
FiscalYearEnd: December
LatestQuarter: 2022-09-30
MarketCapitalization: 10524997000
EBITDA: 1049956000
PERatio: 14.4
PEGRatio: 14.47
BookValue: 22.34
DividendPerShare: 0
DividendYield: 0
EPS: 4.56
RevenuePerShareTTM: 37.65
ProfitMargin: 0.121
OperatingMarginTTM: 0.114
ReturnOnAssetsTTM: 0.0587
ReturnOnEquityTTM: 0.215
RevenueTTM: 6074189000
GrossProfitTTM: 1241984000
DilutedEPSTTM: 4.56
QuarterlyEarningsGrowthYOY: 0.33
QuarterlyRevenueGrowthYOY: 0.474
AnalystTargetPrice: 98
TrailingPE: 14.4
ForwardPE: 9.19
PriceToSalesRatioTTM: 1.625
PriceToBookRatio: 2.779
EVToRevenue: 2.187
EVToEBITDA: 9.88
Beta: 1.256
52WeekHigh: 87.59
52WeekLow: 55.71
50DayMovingAverage: 63.97
200DayMovingAverage: 70.52
SharesOutstanding: 160271000
DividendDate: None
ExDividendDate: None

Date Symbol Prediction Model Accuracy Price Target Analyst Target
2023-11-01 DAR STRONGBUY 0.65 44.03 98.0
2023-10-06 DAR MEDIUMBUY 0.65 47.18 98.0

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