Company estimates Q3 2026 core ingredients Adjusted EBITDA at $325-340 mln
Darling Ingredients expects to end 2026 with net debt at or below $3 bln
Company says business fundamentals remain strong and expects continued earnings growth in 2026-2027
Overview
Animal-based ingredients producer's Q2 sales rose but slightly missed analyst expectations
Q2 net income surged to $387.3 mln from $12.7 mln a year ago
Company repurchased $73 mln in stock and reduced net debt by $223 mln in Q2
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Darling Ingredients Inc is $78.00, about 33.1% above its July 29 closing price of $58.62
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 19 three months ago
Result drivers and key details
- Co said strong operational execution and margin management supported Q2 performance
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