Latest news with #DarlingIngredients
Axios
6 days ago
- General
- Axios
Complaints about Des Moines' stink sink
The number of odor complaints in Des Moines plummeted in the first half of this year since the city installed more scientific odor detectors, data obtained by Axios through a public records request shows. Why it matters: Des Moines is believed to be the first U.S. city to use such a system, which could serve as a model for other municipalities looking to improve quality of life for their residents. Catch up quick: DSM has struggled with foul odors for decades, often linked to animal processing facilities near downtown. A study commissioned by the city in 2021 identified three "significant odor generators" — Darling Ingredients rendering plant, Pine Ridge Farms pork packing plant and Wiechman Pig Company, a swine buying station. The businesses agreed to work with the city, and in October 2023, DSM installed scientific monitors near the processing plants to alert about spikes in chemical compounds that commonly cause foul odors. State of play: The city has been refining or expanding its "eNose" system in recent months, with the Council approving more monitors late last year. Environmental or health executives from several of the companies told City Council members during an October meeting that they were also making more improvements at their sites. Driving the news: Complaints dropped by over 50%, from 182 in the first half of 2024 to 90 this year, according to city data. The number of days the city defines as "critical" with five or more complaints dropped from 10 to 1 during that same period. Yes, but: More data is needed for a comprehensive assessment. Complaints have traditionally been more common in summer and fall months when seasonal wind patterns direct odors to more populated areas of the city, Dalton Jacobus, Des Moines' neighborhood inspections administrator, told the council at the October meeting. The intrigue: Complaints were lower between 2020 and 2022 because of the pandemic when fewer workers were downtown, Jacobus told the council. Aside from those years, there have been at least 245 complaints each year since 2016.
Yahoo
28-07-2025
- Business
- Yahoo
Jefferies Raises PT on Darling Ingredients (DAR) Stock
Darling Ingredients Inc. (NYSE:DAR) is one of the Best Mid Cap FMCG Stocks to Buy Now. Jefferies lifted the price target on the company's stock to $46 from $45, while keeping a 'Buy' rating, as reported by The Fly. As per the firm, Street estimates for Q2 2025 are high, and it anticipates them to trend lower. However, it also sees upside to the estimates for H2 and remains constructive, with macro conditions beginning to improve, opines the firm analyst. Amidst the broader challenges witnessed by the biofuel industry during H1 2025, Darling Ingredients Inc. (NYSE:DAR)'s core business performed well, leading to the overall positive cash flow and showcasing stability in a volatile business environment. A selection of pet food ingredients being prepared in a kitchen for quality and safety testing. Darling Ingredients Inc. (NYSE:DAR) highlighted that the positive narrative related to renewable fuels public policy appears to be encouraging, which has been fueling strong market demand for domestic fats. The company expects its core business to continue to perform well, generating cash and allowing it to continue to de-lever the balance sheet and opportunistically repurchase shares. The net cash provided by operating activities amounted to $248.9 million. Darling Ingredients Inc. (NYSE:DAR) has announced that it has signed a non-binding term sheet with Tessenderlo Group to combine the collagen and gelatin segments of their companies in a new company named Nextida™. The partnership focuses on creating a top-tier, collagen-based health, wellness, and nutrition products company positioned to capitalize on global collagen growth. Riverwater Partners, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'Darling Ingredients Inc. (NYSE:DAR) is a global leader in the production of sustainable ingredients derived from animal by-products, food waste, and other organic residuals. The company operates in three segments: Feed, Food, and Fuel. It has significant exposure to renewable energy through its Diamond Green Diesel JV with Valero Energy Corporation (VLO), which produces renewable diesel and sustainable aviation fuel. This business should start to see a significant ramp in 2025. Darling's vertically integrated operations support the circular economy, focusing on reducing waste and creating value-added products like biofuels, collagen, and specialty food ingredients. Darling trades for 11x Wall Street's 2025 earnings estimate.' Darling Ingredients Inc. (NYSE:DAR) supports the FMCG industries as it supplies critical raw materials utilised in food, cosmetics, and household products. While we acknowledge the potential of DAR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-07-2025
- Business
- Yahoo
Darling Ingredients Second Quarter 2025 Earnings: EPS Misses Expectations
Darling Ingredients (NYSE:DAR) Second Quarter 2025 Results Key Financial Results Revenue: US$1.48b (up 1.8% from 2Q 2024). Net income: US$12.7m (down 84% from 2Q 2024). Profit margin: 0.9% (down from 5.4% in 2Q 2024). EPS: US$0.08 (down from US$0.49 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Darling Ingredients EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 74%. Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Food industry in the US. Performance of the American Food industry. The company's shares are down 4.3% from a week ago. Risk Analysis You should always think about risks. Case in point, we've spotted 4 warning signs for Darling Ingredients you should be aware of, and 1 of them can't be ignored. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Insider
14-07-2025
- Business
- Business Insider
Darling Ingredients (DAR) Gets a Buy from UBS
UBS analyst Manav Gupta reiterated a Buy rating on Darling Ingredients today and set a price target of $58.00. The company's shares opened today at $37.53. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Gupta is a 3-star analyst with an average return of 1.4% and a 60.43% success rate. Gupta covers the Energy sector, focusing on stocks such as DT Midstream, Cheniere Energy, and Imperial Oil. Currently, the analyst consensus on Darling Ingredients is a Strong Buy with an average price target of $46.50, a 23.90% upside from current levels. In a report released on July 7, Jefferies also maintained a Buy rating on the stock with a $46.00 price target. DAR market cap is currently $5.94B and has a P/E ratio of 35.39. Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAR in relation to earlier this year. Most recently, in May 2025, Randall Stuewe, the Chairman & CEO of DAR sold 40,000.00 shares for a total of $1,362,000.00.
Yahoo
07-07-2025
- Business
- Yahoo
Darling Ingredients (DAR) Taps Global Collagen Market with New JV
Darling Ingredients Inc. (NYSE:DAR) is one of the 10 best sustainability stocks to buy now. The company transforms discarded materials, such as animal by-products, used cooking oil, and food scraps, into valuable commodities, including fertilizer, feed additives, and renewable diesel. The company also operates a joint venture, Diamond Green Diesel, through which it has become one of North America's leading producers of renewable diesel, with plans to scale output beyond 1.2 billion gallons annually. This alternative fuel delivers significantly lower carbon emissions compared to traditional diesel, making it a vital part of decarbonizing heavy transport and helping meet environmental targets. wk1003mike/ Darling Ingredients also continued to make strides in product innovation. In mid-May, it signed a non-binding agreement with the Belgian industrial company, Tessenderlo Group, to combine the collagen and gelatin segments of their companies into a new company called Nextida. Nextida will be formed as a joint venture (JV), with Darling Ingredients holding a majority stake of 85% and Tessenderlo Group owning the remaining 15%. The JV is expected to generate annual revenue of $1.5 billion and will capitalize on global collagen growth by focusing on collagen-based health, wellness, and nutrition products. The transaction is expected to close in 2026, after necessary approvals. Darling Ingredients Inc. collects and recycles animal processing by-products and used restaurant cooking oil into finished products, including feed and fuel ingredients, animal proteins & meals, edible fats, and collagen. While we acknowledge the potential of DAR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None.
