Last $17.58 USD
Change Today +0.11 / 0.63%
Volume 69.4K
DAR On Other Exchanges
Symbol
Exchange
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As of 10:32 AM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

darling ingredients inc (DAR) Snapshot

Open
$17.58
Previous Close
$17.47
Day High
$17.58
Day Low
$17.45
52 Week High
10/30/13 - $23.95
52 Week Low
10/15/14 - $16.34
Market Cap
2.9B
Average Volume 10 Days
1.8M
EPS TTM
$0.67
Shares Outstanding
164.7M
EX-Date
--
P/E TM
26.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for DARLING INGREDIENTS INC (DAR)

darling ingredients inc (DAR) Related Businessweek News

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darling ingredients inc (DAR) Details

Darling Ingredients Inc. develops and produces natural ingredients from edible and inedible bio-nutrients worldwide. It offers a range ingredients and specialty products for customers in the pharmaceutical, food, pet food, feed, technical, fuel, bioenergy, and fertilizer industries. The company collects and transforms various animal by-product streams into a range of used and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstocks, green energy, natural casings, and hides. It also recovers and converts used cooking oil and commercial bakery residuals into feed and fuel ingredients. In addition, the company provides grease trap services to food service establishments; environmental services to food processors; and sells restaurant cooking oil delivery and collection equipment. The company was formerly known as Darling International Inc. and changed its name to Darling Ingredients Inc. in May 2014. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas.

4,200 Employees
Last Reported Date: 02/26/14
Founded in 1882

darling ingredients inc (DAR) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $850.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $457.5K
Executive Vice President and Chief Operations...
Total Annual Compensation: $760.9K
Chief Synergy Officer
Total Annual Compensation: $500.0K
Chief Integration Officer - Canada
Total Annual Compensation: $360.5K
Compensation as of Fiscal Year 2013.

darling ingredients inc (DAR) Key Developments

Darling Ingredients Inc. Appoints Mary R. Korby to its Board of Directors

Darling Ingredients Inc. announced the appointment of Mary R. Korby to its Board of Directors. Ms. Korby joins the Board as an independent director, and her appointment is effective immediately. The appointment of Ms. Korby will expand the total number of directors to eight. The Board of Directors has not yet determined the committees of the Board to which Ms. Korby will be appointed, if any. Ms. Korby recently retired as a partner of the law firm of K&L Gates LLP, after having practiced law for more than 19 years as a partner at the law firms of K&L Gates LLP and previously, Weil Gotshal & Manges.

Darling Ingredients Inc. Reports Commencement of Exchange Offer for 5.375% Senior Notes Due 2022

Darling Ingredients Inc. reported the commencement of an exchange offer pursuant to which it is offering to exchange up to $500,000,000 in aggregate principal amount of 5.375% Senior Notes due 2022 the 'Exchange Notes', which have been registered under the United States Securities Act of 1933 the 'Securities Act', for an equal aggregate principal amount of its outstanding 5.375% Senior Notes due 2022 the 'Old Notes' that were originally issued on January 2, 2014 in a transaction exempt from registration under the Securities Act. The terms of the Exchange Notes are substantially identical to the terms of the Old Notes, except that the Exchange Notes have been registered under the Securities Act and will not be subject to the transfer restrictions and registration rights that related to the Old Notes. The exchange offer is being made to satisfy Darling's obligations under a registration rights agreement entered into in connection with the issuance of the Old Notes, and does not represent a new financing transaction. The exchange offer will expire at 5:00 p.m., New York City time, on September 9, 2014, unless extended. Tenders of Old Notes must be made before the exchange offer expires and may be withdrawn any time prior to the expiration of the exchange offer.

Darling International Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

Darling International Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported net sales of $1,006,959,000 as compared to $423,593,000 for the second quarter of 2013. Net income was $34,575,000 or $0.20 per basic and diluted share, as compared to $26,418,000 or $0.22 per basic and diluted share, for the 2012 comparable period. Operating income was $75.5 million reflecting an increase of $24.7 million or 49% as compared to income for the same period of 2013. Net income attributable to Darling was $32,757,000 compared to $26,418,000 a year ago. On a Pro Forma Adjusted EBITDA basis, the company would have generated $158.0 million as compared to a Pro Forma Adjusted EBITDA of $70.9 million in the year ago period. The increase in Pro Forma Adjusted EBITDA is attributable to the inclusion of the newly acquired businesses. For the six months, the company reported net sales of $1,938,394,000 as compared to $869,015,000 for the 2013 comparable period. Net loss was $16,431,000 or $0.12 per basic and diluted share, as compared to net income of $58,823,000 or $0.50 per basic and diluted share, for the 2012 comparable period. Operating income was $74,921,000 as compared to $109,378,000 for the 2013 comparable period. Net loss attributable to Darling was $20,046,000 compared to net income of $58,823,000 a year ago. The company generated Adjusted EBITDA of $208.1 million, as compared to $153.3 million in the same period a year ago. The increase was primarily attributable to the newly acquired businesses. From a CapEx perspective, the company spent $103.5 million during the first six months of 2014 compared to $54.7 million during the year-ago comparable period. The net increase of $48.8 million is directly tied to acquired businesses, in addition to the implementation of certain modules in new ERP system.

 

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DAR

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Valuation DAR Industry Range
Price/Earnings 83.0x
Price/Sales 1.0x
Price/Book 1.4x
Price/Cash Flow 13.2x
TEV/Sales 0.1x
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