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IRVING, Texas - Darling Ingredients Inc. (NYSE: DAR), a global leader in converting food waste into sustainable products and renewable energy with a market capitalization of nearly $5 billion, has announced a dual listing of its common stock on NYSE Texas, a new fully electronic equities exchange situated in Dallas. According to InvestingPro analysis, the company currently trades at $31.48 and shows strong financial health metrics.
This strategic move is part of the company’s drive to innovate and grow within the dynamic Texas economy. Randall C. Stuewe, Chairman and CEO of Darling Ingredients, highlighted the dual listing as a step to leverage the changing financial landscape, aiming to attract a wider investor base and enhance long-term value. InvestingPro analysis suggests the stock is currently undervalued, with multiple indicators pointing to potential upside. Discover detailed valuation metrics and 6 additional ProTips with an InvestingPro subscription.
The company, with roots dating back over 140 years as a Chicago rendering company, has been recognized for its contributions to sustainability by NYSE Group’s Chief Development Officer, Chris Taylor, who welcomed Darling Ingredients as a Founding Member of NYSE Texas.
Darling Ingredients will maintain its primary listing on the New York Stock Exchange while also trading under the same ticker symbol "DAR" on NYSE Texas.
The company is renowned for its role in circularity, transforming by-products from the animal agriculture and food industries into valuable resources. Operating more than 260 facilities across over 15 countries, it handles approximately 15% of the world’s animal agricultural by-products, produces about 30% of the global supply of collagen, and stands as one of the largest producers of renewable energy. The company maintains strong liquidity with a current ratio of 1.4 and generates annual revenue of $5.68 billion. Access comprehensive analysis and the full Pro Research Report for DAR, along with 1,400+ other stocks, exclusively on InvestingPro.
The dual listing is seen as a means to support Darling Ingredients’ continuous expansion and its commitment to environmental sustainability. The company’s decision to join NYSE Texas is based on a press release statement.
In other recent news, Darling Ingredients reported its first-quarter 2025 earnings, revealing a significant shortfall in earnings per share (EPS) compared to analyst forecasts. The company posted an EPS of -$0.16, missing the expected $0.41, while revenue came in at $1.38 billion, below the forecasted $1.45 billion. Despite these setbacks, Darling Ingredients improved its gross margins to 22.6% and continued efforts to reduce its debt by $146.2 million. Meanwhile, regulatory developments concerning biofuel-blending quotas are under review, raising concerns about operational costs and profitability for biofuel producers like Darling Ingredients. CEO Randall Stuewe noted challenges due to an influx of inexpensive biofuel and feedstocks from Asia, adding to the company’s hurdles. Analysts from Bloomberg Intelligence have pointed out potential difficulties with the proposed adjustments to section 45Z in the House Republicans’ reconciliation bill, which could impact the industry. Despite the challenges, Darling Ingredients reaffirmed its full-year adjusted EBITDA guidance of $1.25 to $1.3 billion, with expectations of improved margins in the second quarter. Investors remain watchful as these developments unfold, impacting the company’s financial outlook.
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