Darling IngredientsNYSE: DAR

Volatility has increased on Wall Street while tech stocks are taking a breather. As a result, many investors are eyeing value stocks to buy, which may hold considerable potential for future returns.

PHILADELPHIA, PA / ACCESSWIRE / June 11, 2024 / Kaskela Law LLC announces that it is investigating Darling Ingredients Inc. (NYSE:DAR) ("Darling") on behalf of the company's investors. Since July 2023, shares of Darling's common stock have declined in value from a trading price of over $70.00 per share to a current trading price of below $38.00 per share, a decline of over $32.00 per share, or over 45% in value.

IRVING, Texas, June 5, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that it plans to reduce emissions from its wastewater treatment plants at some of its rendering facilities by capturing biogas and converting it to renewable natural gas (RNG) in partnership with GreenGasUSA. The initial plan is to start with five Darling Ingredients plants in the United States with the opportunity to expand to other facilities depending on feasibility and market conditions.

Although the financial results for Darling in the quarter ending March 2024 provide an overview of the company's performance, it may be beneficial to analyze how certain key metrics stack up against analyst predictions and previous year's figures.

Darling Ingredients Inc. (NYSE:DAR) will be hosting a conference call on April 25, 2024 at 9:00 AM ET to discuss their Q1 2024 earnings. The call will include presentations from Suann Guthrie, Randall Stuewe, Brad Phillips, Bob Day, and Matt Jansen. Various analysts from companies such as Jefferies, Citi, Stephens, Goldman Sachs, UBS, and others will be participating in the call. Following the prepared remarks, there will be a Q&A session for participants to ask questions. Thank you for joining the Darling Ingredients Incorporated Conference Call.

Darling Ingredients (DAR) reported earnings of $0.50 per share for the quarter, surpassing the Zacks Consensus Estimate of $0.40 per share. This is a decrease from earnings of $1.16 per share in the same quarter last year.

Irving, Texas - Darling Ingredients Inc. (NYSE: DAR) will hold a conference call on Thursday, April 25, 2024, at 9 a.m. Eastern Time (8 a.m. CT).

Darling Ingredients has seen strong operating momentum in recent years, supported by transformative acquisitions. The shortfall in earnings is mainly due to the Diamond Green Diesel joint venture, as concerns about leverage have risen. Despite higher leverage, I still think that the long-term bull case prevails, provided that focus remains on execution and deleveraging.

Scoping out a one-year time horizon, 2024 looks great for the renewable energy industry. Already, large-scale federal investments and a heightened call for decarbonization are anticipated to boost the demand for renewables.