FutureFuel (NYSE:FF) Announces Quarterly Earnings Results

FutureFuel (NYSE:FF) released its earnings results on Monday. The energy company reported ($0.21) earnings per share (EPS) for the quarter, Zacks reports. FutureFuel had a negative return on equity of 13.47% and a negative net margin of 15.95%.

FutureFuel Stock Performance

NYSE FF traded up $0.07 during trading hours on Monday, hitting $3.88. The company had a trading volume of 152,271 shares, compared to its average volume of 253,281. The firm has a 50 day simple moving average of $3.94 and a 200 day simple moving average of $3.98. FutureFuel has a 52 week low of $3.58 and a 52 week high of $5.78. The firm has a market capitalization of $169.96 million, a price-to-earnings ratio of -6.36 and a beta of 0.64.

Institutional Investors Weigh In On FutureFuel

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in shares of FutureFuel by 310.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 51,036 shares of the energy company’s stock worth $198,000 after acquiring an additional 38,601 shares during the last quarter. Jane Street Group LLC raised its position in FutureFuel by 447.4% during the first quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock valued at $240,000 after purchasing an additional 50,249 shares in the last quarter. First Trust Advisors LP lifted its stake in FutureFuel by 4.1% during the second quarter. First Trust Advisors LP now owns 84,844 shares of the energy company’s stock worth $329,000 after purchasing an additional 3,328 shares during the last quarter. Marshall Wace LLP lifted its stake in FutureFuel by 56.3% during the second quarter. Marshall Wace LLP now owns 96,306 shares of the energy company’s stock worth $374,000 after purchasing an additional 34,688 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of FutureFuel by 7.4% in the 1st quarter. Empowered Funds LLC now owns 250,502 shares of the energy company’s stock worth $977,000 after purchasing an additional 17,192 shares in the last quarter. 44.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of FutureFuel in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

About FutureFuel

FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified chemical, bio-based fuel, and bio-based specialty chemical products in the United States. The company operates through two segments, Chemicals and Biofuels. The Chemicals segment provides various custom chemicals that are used in the coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty polymers industries; and performance chemicals, such as polymer modifiers, glycerin products, and various specialty chemicals and solvents.