Group 1 - Darling Ingredients (DAR) shares increased by 9.2% to close at $36.01, following a notable trading volume that exceeded typical levels, contrasting with a 6.6% loss over the past four weeks [1][2] - The rise in DAR's stock is linked to optimism regarding proposed increases in biofuel blending mandates, which may enhance margins and performance in its renewable diesel and sustainable fuel operations [2] - The company is projected to report quarterly earnings of $0.40 per share, reflecting an 18.4% year-over-year decline, while revenues are expected to reach $1.55 billion, marking a 6.4% increase from the previous year [3] Group 2 - The consensus EPS estimate for Darling has remained stable over the last 30 days, indicating that stock price movements typically do not sustain upward trends without changes in earnings estimate revisions [5] - Darling Ingredients holds a Zacks Rank of 3 (Hold), indicating a neutral outlook, while another company in the same industry, Lamb Weston (LW), has also maintained a Zacks Rank of 3 [6][7]
Strength Seen in Darling (DAR): Can Its 9.2% Jump Turn into More Strength?