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

Wall Street Zen upgraded shares of FutureFuel (NYSE:FF) from a sell rating to a hold rating in a report released on Saturday morning.

Separately, Weiss Ratings upgraded FutureFuel from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

FutureFuel Price Performance

NYSE:FF opened at $5.57 on Friday. The company’s fifty day moving average price is $4.72 and its 200-day moving average price is $4.31. FutureFuel has a 1-year low of $3.09 and a 1-year high of $6.99. The firm has a market capitalization of $244.08 million, a P/E ratio of -7.95 and a beta of 0.82.

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

FutureFuel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.7%. FutureFuel’s payout ratio is presently -5.71%.

Insider Buying and Selling at FutureFuel

In other news, CEO Roeland Polet acquired 10,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was acquired 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 42.40% of the company’s stock.

Hedge Funds Weigh In On FutureFuel

Several institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets raised its position in FutureFuel by 226.0% during the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock worth $35,000 after acquiring an additional 6,266 shares during the period. Brooklyn Investment Group grew its position in shares of FutureFuel by 4,087.0% in the third quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after purchasing an additional 12,547 shares during the period. Centiva Capital LP purchased a new stake in shares of FutureFuel during the third quarter worth about $50,000. Persistent Asset Partners Ltd purchased a new stake in shares of FutureFuel during the second quarter worth about $51,000. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of FutureFuel during the 3rd quarter worth about $51,000. Hedge funds and other institutional investors own 44.56% of the company’s stock.

About FutureFuel

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.