Darling Ingredients Inc. (DAR)
NYSE: DAR · IEX Real-Time Price · USD
37.41
-0.46 (-1.21%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Darling Ingredients Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Darling Ingredients stock have an average target of 63.89, with a low estimate of 45 and a high estimate of 89. The average target predicts an increase of 70.78% from the current stock price of 37.41.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DAR stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 4 | 4 |
| Buy | 3 | 3 | 4 | 4 | 3 | 3 |
| Hold | 2 | 2 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $57 → $45 | Buy | Maintains | $57 → $45 | +20.29% | Jul 12, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $51 → $45 | Hold | Maintains | $51 → $45 | +20.29% | Jun 13, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $48 | Hold → Strong Buy | Upgrades | $48 | +28.31% | Jun 12, 2024 |
| Stifel | Stifel | Strong Buy Maintains $90 → $85 | Strong Buy | Maintains | $90 → $85 | +127.21% | May 20, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $66 → $62 | Buy | Maintains | $66 → $62 | +65.73% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
6.01B
from 6.79B
Decreased by -11.54%
Revenue Next Year
6.39B
from 6.01B
Increased by 6.39%
EPS This Year
2.86
from 3.99
Decreased by -28.26%
EPS Next Year
3.98
from 2.86
Increased by 39.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.5B | 6.9B | 7.2B |
| Avg | 6.0B | 6.4B | 6.5B |
| Low | 5.6B | 5.9B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.7% | 15.5% | 12.7% |
| Avg | -11.5% | 6.4% | 2.0% |
| Low | -17.0% | -1.9% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.81 | 5.17 | 5.45 | 5.72 | 6.41 |
| Avg | 2.86 | 3.98 | 4.59 | 5.50 | 6.16 |
| Low | 2.22 | 2.62 | 3.80 | 5.34 | 5.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -4.5% | 80.5% | 37.0% | 24.6% | 16.4% |
| Avg | -28.3% | 39.0% | 15.5% | 19.8% | 11.9% |
| Low | -44.2% | -8.6% | -4.5% | 16.3% | 8.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.