Darling Ingredients Inc. (NYSE:DAR) changed -2.88% to recent value of $19.92. The stock transacted 992994 shares during most recent day however it has an average volume of 1.42M shares. It spotted trading -32.63% off 52-week high price. On the other end, the stock has been noted 94.34% away from the low price over the last 52-weeks.

On May 06, 2020, Darling Ingredients Inc. (NYSE:DAR)

First Quarter 2020

  • Net income of $85.5 million, or $0.51 per GAAP diluted share
  • Net Sales of $852.8 million
  • Adjusted EBITDA of $213.3 million
  • Diamond Green Diesel (DGD) earned $2.63 EBITDA per gallon on approximately 79 million gallons sold
  • Repurchased $55 million of common stock

Darling reported net sales of $852.8 million for the first quarter of 2020, as compared with net sales of $835.1 million for the same period a year ago.  Net income attributable to Darling for the three months ended March 28, 2020 was $85.5 million, or $0.51 per diluted share, compared to a net income of $18.0 million, or $0.11 per diluted share, for the first quarter of 2019.

We delivered a strong first quarter performance consistent with the guidance we provided on our February 2020 earnings call, generating $213 million of combined adjusted EBITDA, said Randall C. Stuewe, Chairman and Chief Executive Officer of Darling Ingredients Inc. The diversity of our global platform from food to feed to green hydrocarbon is helping us to weather the COVID-19 pandemic. DAR has a gross margin of 23.00% and an operating margin of 13.90% while its profit margin remained 9.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained 212.40% for this year while earning per share for the next 5-years is expected to reach at 3.00%.

The company has 170.41M of outstanding shares and 161.84M shares were floated in the market. According to the most recent quarter its current ratio was 1.3 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.95% from the mean of 20 days, -2.13% from mean of 50 days SMA and performed -10.37% from mean of 200 days price. Company’s performance for the week was -2.61%, 17.74% for month and YTD performance remained -26.96%.