FutureFuel Corp. (NYSE:FF) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Monday, July 24th.
Separately, TheStreet lowered FutureFuel Corp. from a “b” rating to a “c+” rating in a research report on Wednesday, May 10th.
FutureFuel Corp. (NYSE FF) traded down 0.88% on Monday, reaching $14.56. 32,717 shares of the company traded hands. The stock has a market capitalization of $637.00 million, a price-to-earnings ratio of 12.88 and a beta of 1.79. FutureFuel Corp. has a 52-week low of $10.24 and a 52-week high of $16.58. The firm has a 50 day moving average price of $14.86 and a 200 day moving average price of $14.20.
FutureFuel Corp. (NYSE:FF) last posted its quarterly earnings results on Tuesday, May 9th. The energy company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by $0.09. FutureFuel Corp. had a return on equity of 12.98% and a net margin of 18.86%. The business had revenue of $54.11 million for the quarter. Equities research analysts predict that FutureFuel Corp. will post $1.08 EPS for the current year.
TRADEMARK VIOLATION WARNING: This piece of content was first posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/08/04/bidaskclub-lowers-futurefuel-corp-ff-to-hold-updated.html.
In related news, Director Keith Neumeyer purchased 100,000 shares of FutureFuel Corp. stock in a transaction on Friday, June 16th. The shares were purchased at an average price of $0.60 per share, for a total transaction of $60,000.00. Insiders own 43.30% of the company’s stock.
Several large investors have recently made changes to their positions in FF. SG Americas Securities LLC purchased a new position in FutureFuel Corp. during the first quarter worth $109,000. BNP Paribas Arbitrage SA increased its position in FutureFuel Corp. by 59.0% in the second quarter. BNP Paribas Arbitrage SA now owns 8,819 shares of the energy company’s stock worth $133,000 after buying an additional 3,273 shares during the period. Stevens Capital Management LP purchased a new position in FutureFuel Corp. during the first quarter worth $143,000. Weiss Asset Management LP purchased a new position in FutureFuel Corp. during the first quarter worth $158,000. Finally, Oxford Asset Management purchased a new position in FutureFuel Corp. during the first quarter worth $166,000. Institutional investors own 42.76% of the company’s stock.
About FutureFuel Corp.
FutureFuel Corp. is the holding company of FutureFuel Chemical Company. FutureFuel Chemical Company manufactures diversified chemical products, bio-based products consisting of biofuels, and bio-based specialty chemical products. FutureFuel Chemical Company conducts its operations through two segments: chemicals and biofuels.
Receive News & Ratings for FutureFuel Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FutureFuel Corp. and related companies with MarketBeat.com's FREE daily email newsletter.
