FutureFuel Corp. (NYSE:FF) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Monday, July 24th.
Separately, TheStreet downgraded FutureFuel Corp. from a “b” rating to a “c+” rating in a report on Wednesday, May 10th.
Shares of FutureFuel Corp. (NYSE FF) opened at 13.21 on Monday. FutureFuel Corp. has a 12 month low of $10.24 and a 12 month high of $16.58. The firm’s 50-day moving average price is $14.52 and its 200-day moving average price is $14.23. The company has a market cap of $577.92 million, a PE ratio of 16.13 and a beta of 1.79.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings data on Wednesday, August 9th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.20 by $0.18. FutureFuel Corp. had a return on equity of 9.93% and a net margin of 13.72%. The business had revenue of $68.05 million during the quarter. Equities analysts predict that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.
In other FutureFuel Corp. news, Director Keith Neumeyer bought 100,000 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The shares were bought at an average cost of $0.60 per share, with a total value of $60,000.00. 43.30% of the stock is owned by company insiders.
Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in FutureFuel Corp. by 4.7% in the second quarter. Vanguard Group Inc. now owns 2,172,937 shares of the energy company’s stock valued at $32,790,000 after buying an additional 96,808 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in FutureFuel Corp. by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,052,944 shares of the energy company’s stock valued at $30,979,000 after buying an additional 79,880 shares during the last quarter. Renaissance Technologies LLC boosted its stake in FutureFuel Corp. by 2.3% in the first quarter. Renaissance Technologies LLC now owns 1,569,600 shares of the energy company’s stock valued at $22,257,000 after buying an additional 35,000 shares during the last quarter. Royce & Associates LP boosted its stake in FutureFuel Corp. by 0.9% in the first quarter. Royce & Associates LP now owns 1,228,146 shares of the energy company’s stock valued at $17,415,000 after buying an additional 10,369 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in FutureFuel Corp. by 128.5% in the second quarter. JPMorgan Chase & Co. now owns 827,988 shares of the energy company’s stock valued at $12,494,000 after buying an additional 465,704 shares during the last quarter. 42.34% of the stock is currently owned by institutional investors.
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.
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