FutureFuel (NYSE:FF) Upgraded to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen upgraded FutureFuel from “Sell” to “Hold,” while Weiss Ratings made a smaller improvement to its “Sell (D+)” rating; the stock’s overall analyst consensus remains “Sell.”
• FutureFuel reported quarterly EPS of $0.25 on revenue of $78.73 million, but continued to post a negative net margin of 19.94% and negative return on equity of 19.75%.
• Insiders own 42.40% of the company, and CEO Roeland Polet recently increased his holdings by 40% through a 10,000-share purchase; institutional investors and hedge funds own another 44.56%.

FutureFuel (NYSE:FF - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

Separately, Weiss Ratings raised FutureFuel from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of "Sell".

FutureFuel Trading Down 2.0%

FF stock opened at $5.57 on Friday. The company's 50-day moving average price is $4.72 and its 200 day moving average price is $4.31. FutureFuel has a 52 week low of $3.09 and a 52 week high of $6.99. The company has a market cap of $244.08 million, a P/E ratio of -7.95 and a beta of 0.82.

FutureFuel (NYSE:FF - Get Free Report) last issued its earnings results on Monday, August 10th. The energy company reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $78.73 million during the quarter. FutureFuel had a negative net margin of 19.94% and a negative return on equity of 19.75%.

Insiders Place Their Bets

In other FutureFuel news, CEO Roeland Polet bought 10,000 shares of the business's stock in a transaction on Thursday, June 4th. The stock was bought at an average price of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the transaction, the chief executive officer owned 35,000 shares in the company, valued at approximately $149,800. The trade was a 40.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 42.40% of the company's stock.

Institutional Trading of FutureFuel

Several large investors have recently modified their holdings of the business. Gate City Capital Management LLC raised its position in shares of FutureFuel by 37.3% during the 4th quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company's stock worth $3,522,000 after purchasing an additional 299,924 shares during the last quarter. Walleye Capital LLC acquired a new stake in FutureFuel during the 1st quarter valued at $475,000. Arrowstreet Capital Limited Partnership acquired a new stake in FutureFuel during the 1st quarter valued at $573,000. GSA Capital Partners LLP increased its position in FutureFuel by 212.9% during the fourth quarter. GSA Capital Partners LLP now owns 295,890 shares of the energy company's stock worth $944,000 after buying an additional 201,323 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in shares of FutureFuel in the third quarter worth $50,000. 44.56% of the stock is currently owned by institutional investors and hedge funds.

FutureFuel Company Profile

FutureFuel Corporation NYSE: FF operates as a specialty chemicals and biofuels producer, combining industrial chemistry with renewable energy solutions. Through its wholly owned subsidiary, FutureFuel Chemical Company, it manufactures a diverse portfolio of chemical products that serve fiber and textile applications, agricultural markets, water treatment processes and industrial coatings. In parallel, the company produces biodiesel using vegetable oils and animal fats as feedstocks, supplying both wholesale fuel distributors and commercial users seeking lower-carbon fuel alternatives.

The company's manufacturing hub is located in Decatur, Arkansas, on a site originally constructed as an ordnance plant during World War II.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source