Sun Feb 26, 2012 2:50pm EST

Feb 26 (Reuters) – Animal-waste recycling company
Darling International deserves a closer look from
investors despite strong share gains in the past year, Barron’s
said in its latest edition.

Fundamentals for the company — which recycles beef, pork
and poultry waste into tallow, feed-grade fats and bone and
poultry meal — have improved markedly since it in late 2010
unveiled plans to buy Griffin Industries, Barron’s said.

The acquisition was a main reason Darling’s sales and
profits roughly tripled in each of the first three quarters of
2011, Barron’s said.

“But if the stock price is any measure — up only 43 percent
from the announcement Nov. 9, 2010 — this has yet to completely
seep into investor consciousness,” the weekly magazine said.

Yahoo! Finance: Waste Management Industry News

Looking for a roll-off dumpster rental?

Visit our zip code finder and find the best prices for your dumpster rental!

Tagged with:

Comments are closed.