Wall Street Zen upgraded shares of FutureFuel (NYSE:FF – Free Report) from a strong sell rating to a sell rating in a research note released on Saturday morning.
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of FutureFuel in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.
View Our Latest Report on FutureFuel
FutureFuel Trading Down 2.8%
FutureFuel (NYSE:FF – Get Free Report) last posted its earnings results on Monday, May 11th. The energy company reported ($0.47) EPS for the quarter. FutureFuel had a negative net margin of 47.51% and a negative return on equity of 32.51%. The firm had revenue of $31.95 million during the quarter.
FutureFuel Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.04 annualized dividend and a yield of 1.0%. FutureFuel’s dividend payout ratio is presently -20.17%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Gate City Capital Management LLC increased its holdings in FutureFuel by 37.3% in the fourth quarter. Gate City Capital Management LLC now owns 1,104,149 shares of the energy company’s stock valued at $3,522,000 after purchasing an additional 299,924 shares during the period. Geode Capital Management LLC grew its stake in shares of FutureFuel by 10.7% in the 2nd quarter. Geode Capital Management LLC now owns 958,499 shares of the energy company’s stock valued at $3,720,000 after buying an additional 92,481 shares during the period. State Street Corp grew its stake in shares of FutureFuel by 0.5% in the 4th quarter. State Street Corp now owns 620,530 shares of the energy company’s stock valued at $1,979,000 after buying an additional 3,154 shares during the period. Bridgeway Capital Management LLC grew its stake in shares of FutureFuel by 8.1% in the 3rd quarter. Bridgeway Capital Management LLC now owns 467,991 shares of the energy company’s stock valued at $1,816,000 after buying an additional 34,994 shares during the period. Finally, Millennium Management LLC grew its stake in shares of FutureFuel by 4.4% in the 3rd quarter. Millennium Management LLC now owns 417,329 shares of the energy company’s stock valued at $1,619,000 after buying an additional 17,546 shares during the period. Institutional investors and hedge funds own 44.56% of the company’s stock.
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.
Read More
- Five stocks we like better than FutureFuel
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for FutureFuel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FutureFuel and related companies with MarketBeat.com's FREE daily email newsletter.
