Is Darling Ingredients Inc’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Darling Ingredients Inc's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Darling Ingredients Inc (DAR) registered an unusually high (2,972) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DAR increase. With 2,972 contracts traded and 2064 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DAR161216C00014000 closed last at: $1.05 or 250% up. About 53,331 shares traded hands. Darling Ingredients Inc (NYSE:DAR) has risen 2.61% since April 22, 2016 and is uptrending. It has underperformed by 2.80% the S&P500.

Analysts await Darling Ingredients Inc (NYSE:DAR) to report earnings on March, 7. They expect $0.22 earnings per share, down 59.26% or $0.32 from last year’s $0.54 per share. DAR’s profit will be $38.76M for 16.70 P/E if the $0.22 EPS becomes a reality. After $0.17 actual earnings per share reported by Darling Ingredients Inc for the previous quarter, Wall Street now forecasts 29.41% EPS growth.

Darling Ingredients Inc (NYSE:DAR) Ratings Coverage

Out of 5 analysts covering Darling Ingredients (NYSE:DAR), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. $18 is the highest target while $11 is the lowest. The $17.10 average target is 16.33% above today’s ($14.7) stock price. Darling Ingredients has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Goldman Sachs upgraded the shares of DAR in a report on Wednesday, June 29 to “Buy” rating. The rating was upgraded by JP Morgan on Thursday, May 26 to “Overweight”. Avondale maintained Darling Ingredients Inc (NYSE:DAR) rating on Friday, April 1. Avondale has “Market Outperform” rating and $17 price target. JP Morgan initiated Darling Ingredients Inc (NYSE:DAR) on Wednesday, October 28 with “Neutral” rating. The firm earned “Buy” rating on Wednesday, August 12 by Roth Capital. The company was downgraded on Friday, August 21 by Zacks. The firm has “Overweight” rating given on Monday, August 15 by JP Morgan. Zacks upgraded the shares of DAR in a report on Thursday, September 3 to “Hold” rating.

According to Zacks Investment Research, “Darling Ingredients Inc. is a provider of rendering, cooking oil and bakery waste recycling and recovery solutions. It collects and transforms all aspects of animal by-product streams into broadly used and specialty ingredients, such as gelatin, 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. The Company also provides grease trap services to food service establishments, environmental services to food processors and sells restaurant cooking oil delivery and collection equipment. Darling Ingredients Inc., formerly known as Darling International Inc., is headquartered in Irving, Texas.”

Insitutional Activity: The institutional sentiment decreased to 0.8 in 2016 Q2. Its down 0.19, from 0.99 in 2016Q1. The ratio dived, as 27 funds sold all Darling Ingredients Inc shares owned while 93 reduced positions. 44 funds bought stakes while 75 increased positions. They now own 154.82 million shares or 1.41% less from 157.03 million shares in 2016Q1.
Blackrock Inc accumulated 98,483 shares or 0% of the stock. Suntrust Banks Incorporated accumulated 0% or 19,773 shares. California State Teachers Retirement owns 345,019 shares or 0.01% of their US portfolio. Parsec Financial Mgmt Inc, a North Carolina-based fund reported 145,730 shares. Tfs Lc accumulated 109,441 shares or 0.3% of the stock. The New York-based Springbok Mgmt Ltd has invested 0.01% in Darling Ingredients Inc (NYSE:DAR). Parametric Associate Lc accumulated 400,016 shares or 0.01% of the stock. Thrivent Financial For Lutherans accumulated 79,160 shares or 0.01% of the stock. The New Jersey-based Princeton Alpha Ltd Partnership has invested 0.11% in Darling Ingredients Inc (NYSE:DAR). Timpani Mngmt Lc accumulated 0.78% or 123,718 shares. Ls Limited Liability Company owns 5,953 shares or 0.01% of their US portfolio. Geode has 1.11M shares for 0.01% of their US portfolio. Nuveen Asset Mgmt Ltd holds 10,872 shares or 0% of its portfolio. Pacad Ltd last reported 0.05% of its portfolio in the stock. The Kentucky-based Mcf Advsr Limited Co has invested 0.01% in Darling Ingredients Inc (NYSE:DAR).

Insider Transactions: Since August 23, 2016, the stock had 0 buys, and 1 insider sale for $159,667 net activity. Shares for $159,667 were sold by Bullock John on Tuesday, August 23.

Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The company has a market cap of $2.59 billion. The Firm offers a range of ingredients and specialty solutions for clients in the food, pet food, pharmaceutical, feed, fuel, bioenergy and fertilizer industries. It has a 16.62 P/E ratio. The Firm operates in three divisions: Feed Ingredients, which includes the edible and inedible animal by-products, bakery and hides business lines; Food Ingredients, which includes the gelatin, casings and edible fats business lines, and Fuel Ingredients, which includes the biofuel and bioenergy business lines.

DAR Company Profile

Darling Ingredients Inc., formerly Darling International Inc., incorporated on December 13, 1962, is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients. The Firm offers a range of ingredients and specialty solutions for clients in the pharmaceutical, food, pet food, feed, technical, fuel, bioenergy and fertilizer industries. The Firm operates in three divisions: Feed Ingredients, Food Ingredients and Fuel Ingredients. The Firm recycles animal by-product streams into useable and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstocks, green energy, natural casings and hides. The Firm also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients.

More notable recent Darling Ingredients Inc (NYSE:DAR) news were published by: Prnewswire.com which released: “Darling Ingredients Inc. Reports Third Quarter 2016 Financial Results …” on November 10, 2016, also Prnewswire.com with their article: “Darling Ingredients Inc. Announces Third Quarter 2016 Earnings Conference Call …” published on November 08, 2016, Prnewswire.com published: “Darling Ingredients Inc. Reports Second Quarter 2016 Financial Results: Feed …” on August 11, 2016. More interesting news about Darling Ingredients Inc (NYSE:DAR) were released by: Fool.com and their article: “Darling Ingredients, Inc. Is Gaining Momentum” published on May 14, 2016 as well as Fool.com‘s news article titled: “Darling Ingredients, Inc. Positions Itself for a Better Year” with publication date: March 02, 2016.

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