Canaccord Genuity Gives Hold Rating to Darling International (DAR)

By admin | 6 years ago

Darling International (NYSE: DAR)‘s stock had its “hold” rating reaffirmed by Canaccord Genuity in a research note issued on Monday.

Several other analysts have also recently commented on the stock. Analysts at Stephens upgraded shares of Darling International from an “equal weight” rating to an “overweight” rating in a research note to investors on Friday. Analysts at Zacks downgraded shares of Darling International from an “outperform” rating to a “neutral” rating in a research note to investors on Saturday, February 18th.

Darling International opened at 15.01 on Monday. Darling International has a 1-year low of $11.24 and a 1-year high of $19.62. The company has a market cap of $1.765 billion and a price-to-earnings ratio of 11.69.

Darling International last posted its quarterly earnings results on Thursday, May 10th. The company reported $0.24 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.30 by $0.06. The company’s quarterly revenue was down 12.0% on a year-over-year basis. Analysts expect that Darling International will post $0.34 EPS next quarter.

Darling International Inc. (Darling) provides rendering, recycling and recovery solutions to the United States food industry.

About the author