TheStreet Downgrades FutureFuel Corp. (FF) to C+
FutureFuel Corp. (NYSE:FF) was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating in a report issued on Wednesday.
FutureFuel Corp. (NYSE:FF) traded down 0.07% on Wednesday, reaching $15.01. The company’s stock had a trading volume of 101,415 shares. FutureFuel Corp. has a one year low of $9.77 and a one year high of $16.58. The stock has a 50-day moving average of $14.78 and a 200-day moving average of $13.74. The stock has a market cap of $656.67 million, a P/E ratio of 11.64 and a beta of 1.61.
FutureFuel Corp. (NYSE:FF) last posted its quarterly earnings data on Tuesday, May 9th. The energy company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.17 by $0.09. FutureFuel Corp. had a return on equity of 16.41% and a net margin of 30.92%. The company had revenue of $54.11 million during the quarter. On average, analysts predict that FutureFuel Corp. will post $1.08 EPS for the current fiscal year.
In related news, VP Paul M. Flynn sold 10,000 shares of the stock in a transaction dated Friday, March 24th. The stock was sold at an average price of $13.55, for a total transaction of $135,500.00. Following the completion of the sale, the vice president now owns 60,000 shares in the company, valued at $813,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Paul M. Flynn sold 28,771 shares of the stock in a transaction dated Wednesday, March 22nd. The stock was sold at an average price of $13.54, for a total value of $389,559.34. Following the sale, the vice president now owns 93,648 shares of the company’s stock, valued at approximately $1,267,993.92. The disclosure for this sale can be found here. Insiders bought 287,500 shares of company stock worth $213,875 in the last ninety days. Corporate insiders own 43.40% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in FutureFuel Corp. during the first quarter valued at about $109,000. Arizona State Retirement System boosted its stake in FutureFuel Corp. by 2.7% in the first quarter. Arizona State Retirement System now owns 11,619 shares of the energy company’s stock valued at $137,000 after buying an additional 300 shares in the last quarter. US Bancorp DE boosted its stake in FutureFuel Corp. by 0.4% in the third quarter. US Bancorp DE now owns 12,446 shares of the energy company’s stock valued at $141,000 after buying an additional 46 shares in the last quarter. Stevens Capital Management LP acquired a new stake in FutureFuel Corp. during the first quarter valued at about $143,000. Finally, Boothbay Fund Management LLC acquired a new stake in FutureFuel Corp. during the first quarter valued at about $148,000. Hedge funds and other institutional investors own 39.70% 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.
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