With 1.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.34 million shares. The 52-week range on DAR shows that it touched its highest point at $43.49 and its lowest point at $26.00 during that stretch. It currently has a 1-year price target of $48.73. Beta for the stock currently stands at 1.21.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DAR was down-trending over the past week, with a drop of -10.25%, but this was up by 4.48% over a month. Three-month performance dropped to -19.15% while six-month performance fell -25.37%. The stock lost -26.29% in the past year, while it has lost -5.88% so far this year. A look at the trailing 12-month EPS for DAR yields 1.06 with Next year EPS estimates of 3.30. For the next quarter, that number is 0.40. This implies an EPS growth rate of -7.38% for this year and 106.08% for next year. EPS is expected to grow by 31.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.43%.
Float and Shares Shorts:
At present, 158.16 million DAR shares are outstanding with a float of 155.85 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DAR since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.64054 being high and $1.2826 being low. For DAR, this leads to a yearly average estimate of $1.45163. Based on analyst estimates, the high estimate for the next quarter is $0.65 and the low estimate is $0.48. The average estimate for the next quarter is thus $0.57.
