DAR Stock Recent News

Buying stocks on weakness is a natural extension of the “buy low, sell high” philosophy at the heart of successful investing. That's because one of the easiest ways to buy low and sell high is to purchase stocks that unjustly and/or excessively dropped.

Darling Ingredients released a strong 2Q23 financial report, but the share price since has been weak. Diamond Green Diesel had a record quarter and is on track to achieve the guided 1,200 million gallons of RD. DAR management reiterated guidance of $1.85 billion EBITDA. If achieved, DAR appears undervalued.

While the top- and bottom-line numbers for Darling (DAR) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Darling Ingredients has the potential to expand renewable diesel production and combat climate change. The company has been experiencing significant revenue growth and profits in its Fuel Ingredients segment. The risk is that governments might change their policies, impacting Darling Ingredients' profitability.

IRVING, Texas , Aug. 2, 2023 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) will release second quarter 2023 financial results on Tuesday, August 8, 2023. A press release will be issued after market via PR Newswire, and a presentation with accompanying supplemental financial data will also be available in the investors section of the company's website.

Governments, companies and consumers are striving to be environmentally friendly and to promote the use of green energy like never before. In this new green era, many renewable energy stocks are going to thrive.

Today's agribusiness isn't just about farms and farmers. It involves blending technology and agriculture in innovative ways.

Darling Ingredients has acquired four businesses since the start of 2022, which are still in the process of being integrated. Diamond Green Diesel is currently producing EBITDA at margins much higher than guidance. The company's Group EBITDA guidance appears conservative, providing opportunity for upgrades throughout the year as each acquisition contributes a full year.

I've long been upbeat on green energy stocks in general and renewable stocks in particular. With the world's largest governments tremendously backing the switch to renewable energy and the electric-vehicle revolution greatly increasing the electricity demand, it was obvious to me that the best renewable names would be very high-reward stocks.

Darling easily beat estimates on the top and bottom lines. The Diamond Green Diesel business is expected to deliver solid results in the second quarter.