Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries. The company collects and transforms various animal by-product streams into useable and specialty ingredients, such as collagen, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstock, green energy, natural casings, and hides. It also recovers and converts used cooking oil and animal fats, and residual bakery products into valuable feed and fuel ingredients. In addition, the company provides environmental services, including grease trap collection and disposal services to food service establishments. It primarily operates under the Sonac, Dar Pro, Rothsay, Rousselot, CTH, Ecoson, and Rendac brand names in North America, Europe, China, South America, Australia, and internationally. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.
IPO Year: 1997
Exchange: NYSE
Website: darlingii.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/13/2024 | $45.00 → $43.00 | Hold | TD Cowen |
6/12/2024 | $48.00 | Neutral → Buy | Citigroup |
2/1/2024 | $49.00 | Neutral | Citigroup |
10/13/2023 | Buy → Hold | Tudor, Pickering, Holt & Co. | |
4/14/2023 | $80.00 | Outperform | BMO Capital Markets |
1/17/2023 | $90.00 → $75.00 | Overweight → Equal-Weight | Stephens |
10/19/2022 | $102.00 | Buy | Jefferies |
9/12/2022 | $101.00 | Buy | Stifel |
9/8/2022 | Sector Outperform | Scotiabank | |
4/25/2022 | $80.00 | Market Perform | Cowen |
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JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
IRVING, Texas, Nov. 10, 2021 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) is being honored by the Women's Forum of New York at its sixth biennial "Breakfast of Corporate Champions" (BCC) event, for achieving at least 35 percent female representation on their board of directors. Darling Ingredients is recognized as a corporate game-changer for promoting women's leadership in the boardroom, with 40 percent women representation on their board of directors. This is the third consecutive year Darling has received this prestigious recognition. "As an international organizati
IRVING, Texas, Oct. 26, 2021 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today announces the appointment of Celeste A. Clark, Ph.D., to its Board of Directors. Dr. Clark joins the Board as an independent director, and her appointment is effective immediately. The appointment of Dr. Clark will expand the total number of directors to ten. It is expected that she will also be appointed to a new, standalone environmental, social and governance (ESG) committee currently being developed by the Board. Dr. Clark has served as a principal of Abraham Clark Consulting, LLC
IRVING, Texas, May 25, 2021 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today announced the appointment of Enderson Guimaraes to its Board of Directors and as a member of its Audit Committee. Mr. Guimaraes joins the Board as an independent director, and his appointment is effective immediately. The appointment of Mr. Guimaraes will expand the total number of directors to ten. Mr. Guimaraes previously held various positions within the beverage, semi-durables and education industries. His most recent roles were President and COO of Laureate Education Inc, President of Pe
IRVING, Texas, Nov. 13, 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 the development of DarLinQTM, the company's latest, industry-leading innovation that utilizes advanced sonar and Bluetooth technologies to provide continuous, accurate oil-level monitoring of used cooking oil (UCO) storage containers via custom, automated equipment to enhance operational efficiency and security. DarLinQ's advanced technology provides numerous safety, security and environmental benefits, including more efficient fleet operation and increased oil capture capabilities.
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. Stuewe will participate in a fireside chat at 9:30 a.m. ET. View details and register for the webcast at darlingii.com/events. About Darling Ingredients A pioneer in
Third Quarter 2024 Net income of $16.9 million, or $0.11 per GAAP diluted shareTotal net sales of $1.4 billionCombined adjusted EBITDA of $236.7 millionReceived $111.2 million in cash dividends from Diamond Green DieselIRVING, Texas, Oct. 24, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today reported net income of $16.9 million, or $0.11 per diluted share for the third quarter of 2024, compared to net income of $125.0 million, or $0.77 per diluted share, for the third quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Diesel (DGD). The company also reported total net sales of $1.4
IRVING, Texas, Oct. 21, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today announced the publication of preclinical and clinical studies1 in the Wiley Journal of Food Science and Nutrition, focusing on the impact of a specific collagen peptide composition on post-meal blood glucose spikes. Developed by Darling Ingredients' premier collagen and gelatin brand, Rousselot, the Nextida library features a groundbreaking collection of specific collagen peptide compositions with new targeted health benefits. The first product in this range, Nextida GC™, has shown significa
IRVING, Texas, Oct. 18, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) announced today that it will host a conference call on Thursday, October 24, 2024, at 9 a.m. Eastern Time (8 a.m. Central Time) to discuss third quarter 2024 financial results, which will be released earlier that day, and provide an update on company operations. A presentation with accompanying supplemental financial data will also be available at darlingii.com/investors. To access the call as a listener, please register for the audio-only webcast. To join the call as a participant to ask a quest
IRVING, Texas, Oct. 17, 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 its 50/50 joint venture Diamond Green Diesel (DGD) will provide supply of neat sustainable aviation fuel (SAF), to be blended with conventional jet fuel, for delivery to Chicago Midway International Airport (MDW). As part of the two-year supply agreement between Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO) and Southwe
Next Generation Collagen Peptide that Targets Post-Meal Glucose Spike IRVING, Texas, Oct. 7, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today announced that it has launched Nextida™ GC, a new collagen peptide that displayed a reduction in the post-meal glucose spike in healthy individuals. The clinical trial1, conducted by Darling Ingredients' premier collagen and gelatin brand Rousselot, showed that a 5-gram or 10-gram dose orally 30 minutes before a meal significantly lowered post-meal glucose spike in the blood by an average of 42%2. "Darling Ingredients has
IRVING, Texas, Sept. 25, 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 its 50/50 joint venture Diamond Green Diesel (DGD) will provide the first regular supply of sustainable aviation fuel (SAF) to Florida through an agreement between World Fuel and DHL Express. Under the terms of the agreement, World Fuel Services (World Fuel), a World Kinect Company (NYSE:WKC) will deliver over a two-year period approximately 60 million gallons of blende
IRVING, Texas, Sept. 16, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today announced that it has elected Randy Hill to the board as an independent director, effective immediately. Hill will serve on the board's sustainability and audit committees. "We are pleased to welcome Randy to our board of directors," said Randall C. Stuewe, Chairman and CEO. "His vast experience in the financial services industry, coupled with his expertise in advising companies with both domestic and international operations, will provide valuable insights into complex financial analysis a
USA News Group CommentaryIssued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, Aug. 19, 2024 /PRNewswire/ -- USA News Group – A new commentary from the University of Guelph is sounding the alarm about our fragile food supply chain, that the authors claim was "built for a world that no longer exists". According to the UN World Food Program USA, hunger, famine, and rising food costs are happening around the world. Helping to meet today's food needs around the world, the World Economic Forum is applauding advancements in a vast and complex supply chain, pointing towards a global food market expected to be worth $9.12 trillion, growing at a CAGR of 6.7%. Among the grou
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Darling Ingredients (NYSE:DAR) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.45 by 8.89 percent. This is a 68.39 percent decrease over earnings of $1.55 per share from the same period last year. The company reported quarterly sales of $1.46 billion which met the analyst consensus estimate. This is a 17.24 percent decrease over sales of $1.76 billion the same period last year.
Scotiabank analyst Paul Cheng maintains Darling Ingredients (NYSE:DAR) with a Sector Outperform and lowers the price target from $57 to $45.
Darling Ingredients (NYSE:DAR) has outperformed the market over the past 20 years by 2.87% on an annualized basis producing an average annual return of 11.27%. Currently, Darling Ingredients has a market capitalization of $6.07 billion. Buying $100 In DAR: If an investor had bought $100 of DAR stock 20 years ago, it would be worth $850.11 today based on a price of $38.00 for DAR at the time of writing. Darling Ingredients's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automat
TD Cowen analyst Jason Gabelman maintains Darling Ingredients (NYSE:DAR) with a Hold and lowers the price target from $51 to $45.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Needham analyst Mike Matson upgraded the rating for Haemonetics Corporation (NYSE:HAE) from Hold to Buy and announced a price target of $112. Haemonetics shares fell 2.8% to close at $83.41 on Tuesday. See how other analysts view this stock. Morgan Stanley analyst Meta Marshall upgraded Ciena Corporation (NYSE:CIEN) from Equal-Weight to Overweight, while raising the price target from $53 to $55. Ciena shares rose 0.2% to settle at $45.92 on Tuesday. See how other analysts view this sto
Analysts' ratings for Darling Ingredients (NYSE:DAR) over the last quarter vary from bullish to bearish, as provided by 6 analysts. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 1 0 0 0 3M Ago 1 1 1 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $65.0, a high estimate of $90.00, and a low estimate of $48.00. Observing a downward trend, the current average is 12.16% lower than
Citigroup analyst Thomas Palmer upgrades Darling Ingredients (NYSE:DAR) from Neutral to Buy and announces $48 price target.
Schlumberger NV (NYSE:SLB), Agco Corp (NYSE:AGCO) and Darling Ingredients Inc (NYSE:DAR) are three American companies trading near 52-week lows. Benzinga’s fundamental and technical ratings signal that the stocks are trading below their intrinsic value, check technical boxes and could outperform Wall Street expectations. Benzinga Ratings: Benzinga generates rating overviews for publicly traded companies utilizing fundamentals and technicals. Fundamental analysis includes earnings per share (EPS), price-to-earnings (PE), price-to-book ratios, return on equity, and debt-equity ratios compared to public comps. Technical analysis uses buy and sell ratings, RSI and price trends. Schlumberge
TD Cowen reiterated coverage of Darling Ingredients with a rating of Hold and set a new price target of $43.00 from $45.00 previously
Citigroup upgraded Darling Ingredients from Neutral to Buy and set a new price target of $48.00
Citigroup initiated coverage of Darling Ingredients with a rating of Neutral and set a new price target of $49.00
Tudor, Pickering, Holt & Co. downgraded Darling Ingredients from Buy to Hold
BMO Capital Markets resumed coverage of Darling Ingredients with a rating of Outperform and set a new price target of $80.00
Stephens downgraded Darling Ingredients from Overweight to Equal-Weight and set a new price target of $75.00 from $90.00 previously
Jefferies initiated coverage of Darling Ingredients with a rating of Buy and set a new price target of $102.00
Stifel initiated coverage of Darling Ingredients with a rating of Buy and set a new price target of $101.00
Scotiabank initiated coverage of Darling Ingredients with a rating of Sector Outperform
Cowen initiated coverage of Darling Ingredients with a rating of Market Perform and set a new price target of $80.00
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Third Quarter 2024 Net income of $16.9 million, or $0.11 per GAAP diluted shareTotal net sales of $1.4 billionCombined adjusted EBITDA of $236.7 millionReceived $111.2 million in cash dividends from Diamond Green DieselIRVING, Texas, Oct. 24, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today reported net income of $16.9 million, or $0.11 per diluted share for the third quarter of 2024, compared to net income of $125.0 million, or $0.77 per diluted share, for the third quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Diesel (DGD). The company also reported total net sales of $1.4
IRVING, Texas, Oct. 18, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) announced today that it will host a conference call on Thursday, October 24, 2024, at 9 a.m. Eastern Time (8 a.m. Central Time) to discuss third quarter 2024 financial results, which will be released earlier that day, and provide an update on company operations. A presentation with accompanying supplemental financial data will also be available at darlingii.com/investors. To access the call as a listener, please register for the audio-only webcast. To join the call as a participant to ask a quest
Second Quarter 2024 Net income of $78.9 million, or $0.49 per GAAP diluted shareNet sales of $1.5 billionCombined adjusted EBITDA of $273.6 millionRepurchased $29.2 million of common stockReceived $77.1 million in cash dividends from Diamond Green Diesel on July 18, 2024IRVING, Texas, July 25, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today reported net income of $78.9 million, or $0.49 per diluted share for the second quarter of 2024, compared to net income of $252.4 million, or $1.55 per diluted share, for the second quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Diesel (D
IRVING, Texas, July 9, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) announced today that it will host a conference call on Thursday, July 25, 2024, at 9 a.m. Eastern Time (8 a.m. Central Time) to discuss second quarter 2024 financial results, which will be released earlier that day, and provide an update on company operations. A presentation with accompanying supplemental financial data will also be available at darlingii.com/investors. To access the call as a listener, please register for the audio-only webcast. To join the call as a participant to ask a question
First Quarter 2024 Net income of $81.2 million, or $0.50 per GAAP diluted shareNet sales of $1.4 billionCombined adjusted EBITDA of $280.1 millionIRVING, Texas, April 25, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today reported net income of $81.2 million, or $0.50 per diluted share for first quarter of 2024, compared to net income of $185.8 million, or $1.14 per diluted share, for first quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Diesel (DGD). The company also reported net sales of $1.4 billion for the first quarter of 2024, compared with net sales of $1.8 billion for the
IRVING, Texas, April 18, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) announced today that it will host a conference call on Thursday, April 25, 2024, at 9 a.m. Eastern Time (8 a.m. Central Time) to discuss first quarter 2024 financial results, which will be released earlier that day, and provide an update on company operations. A presentation with accompanying supplemental financial data will also be available at darlingii.com/investors. To access the call as a listener, please register for the audio-only webcast. To join the call as a participant to ask a quest
Fiscal Year 2023 Highlights Net income of $647.7 million, or $3.99 per GAAP diluted shareNet sales of $6.8 billionCombined adjusted EBITDA of $1,611.9 millionGlobal ingredients business EBITDA of $1,109.9 millionReceived $163.6 million in cash dividends from Diamond Green DieselRepurchased $52.9 million of common stockIRVING, Texas, Feb. 27, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today reported net income of $84.5 million, or $0.52 per diluted share for fourth quarter of 2023, compared to net income of $156.6 million, or $0.96 per diluted share, for fourth quarter of 2022. The decrease in net income was primarily due to a decrease in Darling's share of Diamond Green Diesel
IRVING, Texas, Feb. 14, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) will release fourth quarter and fiscal year 2023 financial results on Tuesday, February 27, 2024. A press release will be issued after market via PR Newswire, and a presentation with accompanying supplemental financial data will also be available in the investors section of the company's website. Randall C. Stuewe, Chairman and Chief Executive Officer, and Brad Phillips, Executive Vice President and Chief Financial Officer, will review the results during a live conference call at 8 a.m. CT on Wed
IRVING, Texas, Jan. 31, 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 it has completed the acquisition of Polish rendering company, Miropasz Group. The company first announced its plans to acquire Miropasz in November 2022 for a purchase price of €110 million, plus or minus closing costs. Miropasz processes approximately 250,000 metric tons of poultry by-products annually through three poultry rendering plants in southeast Poland (Mirowice, Psz
Second Quarter 2023 Net income of $252.4 million, or $1.55 per GAAP diluted shareNet sales of $1.8 billionCombined adjusted EBITDA of $508.3 million, $526.8 million excluding one-time Gelnex inventory negative impactGlobal ingredients business EBITDA of $260.9 millionReceived $101.4 million in cash dividends in Q2, and additional $62.2 million in cash dividends subsequent to quarter close from Diamond Green DieselRepurchased $9.1 million of common stockIRVING, Texas, Aug. 8, 2023 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR) today reported net income of $252.4 million, or $1.55 per diluted share for second quarter of 2023, compared to net income of $202.0 million, or $1.23 per diluted