FutureFuel Corp. Upgraded by Zacks to Outperform (FF)
FutureFuel Corp. (NYSE:FF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Monday, StockRatingsNetwork.com reports. The firm currently has a $19.90 target price on the stock. Zacks‘ target price points to a potential upside of 11.36% from the company’s current price.
A number of other firms have also recently commented on FF. Analysts at Wedbush raised their price target on shares of FutureFuel Corp. from $16.00 to $20.00 in a research note to investors on Monday, August 12th. Analysts at CJS Securities downgraded shares of FutureFuel Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, August 12th. They now have a $18.00 price target on the stock, up previously from $15.00.
FutureFuel Corp. (NYSE:FF) traded down 2.14% during mid-day trading on Monday, hitting $17.87. The stock had a trading volume of 47,756 shares. FutureFuel Corp. has a 1-year low of $10.30 and a 1-year high of $18.82. The stock has a 50-day moving average of $17.38 and a 200-day moving average of $14.8. The company has a market cap of $774.4 million and a price-to-earnings ratio of 15.15.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.15. The company had revenue of $106.10 million for the quarter, compared to the consensus estimate of $99.65 million. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. On average, analysts predict that FutureFuel Corp. will post $1.32 earnings per share for the current fiscal year.
FutureFuel Corp. is engaged in the chemical and biofuels business. The Company operates in two segments: chemicals and biofuels.
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