FutureFuel Corp. (FF) Stock Price Down 2.5%
FutureFuel Corp. (NYSE:FF)’s share price fell 2.5% on Thursday . The stock traded as low as $10.45 and last traded at $10.55, with a volume of 100,492 shares trading hands. The stock had previously closed at $10.82.
Several brokerages recently weighed in on FF. Zacks Investment Research lowered shares of FutureFuel Corp. from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, May 4th. TheStreet lowered shares of FutureFuel Corp. from a “buy” rating to a “hold” rating in a research report on Friday, April 8th.
The stock has a market cap of $489.24 million and a P/E ratio of 10.08. The company’s 50-day moving average price is $10.81 and its 200-day moving average price is $11.68.
FutureFuel Corp. (NYSE:FF) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.07. During the same quarter in the prior year, the firm posted $0.19 earnings per share. The business earned $46.64 million during the quarter, compared to analyst estimates of $82.50 million. FutureFuel Corp.’s revenue for the quarter was down 13.8% compared to the same quarter last year. On average, equities research analysts forecast that FutureFuel Corp. will post $1.03 EPS for the current year.
In other news, Director Donald C. Bedell purchased 3,000 shares of FutureFuel Corp. stock in a transaction on Tuesday, June 28th. The stock was purchased at an average price of $9.87 per share, with a total value of $29,610.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
A number of hedge funds and institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in FutureFuel Corp. by 2.1% in the fourth quarter. Wells Fargo & Company MN now owns 183,332 shares of the company’s stock valued at $2,475,000 after buying an additional 3,776 shares during the last quarter. First Trust Advisors LP raised its stake in FutureFuel Corp. by 2.6% in the fourth quarter. First Trust Advisors LP now owns 266,172 shares of the company’s stock valued at $3,593,000 after buying an additional 6,689 shares during the period. Principal Financial Group Inc. raised its stake in FutureFuel Corp. by 5.0% in the fourth quarter. Principal Financial Group Inc. now owns 151,553 shares of the company’s stock valued at $2,046,000 after buying an additional 7,268 shares during the period. Russell Frank Co raised its stake in FutureFuel Corp. by 18.6% in the fourth quarter. Russell Frank Co now owns 79,031 shares of the company’s stock valued at $1,082,000 after buying an additional 12,380 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in FutureFuel Corp. by 9.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,559,271 shares of the company’s stock valued at $21,050,000 after buying an additional 138,031 shares during the period.
FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.
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