FutureFuel (NYSE:FF) Releases Earnings Results

FutureFuel (NYSE:FF) posted its earnings results on Monday. The energy company reported $0.25 EPS for the quarter, FiscalAI reports. The firm had revenue of $78.73 million for the quarter. FutureFuel had a negative return on equity of 19.68% and a negative net margin of 19.94%.

FutureFuel Price Performance

FF stock traded down $0.52 during trading on Wednesday, hitting $5.86. The stock had a trading volume of 405,386 shares, compared to its average volume of 406,474. FutureFuel has a twelve month low of $3.09 and a twelve month high of $6.99. The company’s 50-day moving average price is $4.64 and its two-hundred day moving average price is $4.26. The stock has a market capitalization of $256.80 million, a P/E ratio of -8.23 and a beta of 0.82.

FutureFuel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, September 4th. FutureFuel’s payout ratio is presently -3.36%.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Weiss Ratings raised FutureFuel from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 31st. Wall Street Zen raised FutureFuel from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Insider Activity at FutureFuel

In other news, CEO Roeland Polet bought 10,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were 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 directly owned 35,000 shares in the company, valued at $149,800. The trade was a 40.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 42.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FF. BNP Paribas Financial Markets grew its holdings in shares of 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 buying an additional 6,266 shares in the last quarter. Persistent Asset Partners Ltd acquired a new position in FutureFuel during the second quarter worth about $51,000. Brooklyn Investment Group grew its stake in FutureFuel by 4,087.0% during the 3rd quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock valued at $50,000 after acquiring an additional 12,547 shares in the last quarter. Centiva Capital LP acquired a new stake in FutureFuel in the 3rd quarter valued at about $50,000. Finally, Jacobs Levy Equity Management Inc. purchased a new position in FutureFuel in the 3rd quarter worth approximately $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.