FutureFuel (NYSE:FF) Rating Lowered to “Buy” at StockNews.com

FutureFuel (NYSE:FF) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Friday.

FutureFuel Stock Down 0.3 %

Shares of FF stock opened at $6.04 on Friday. The stock has a market cap of $264.33 million, a P/E ratio of 6.64 and a beta of 0.62. FutureFuel has a fifty-two week low of $4.15 and a fifty-two week high of $8.36. The business has a fifty day simple moving average of $5.92 and a 200-day simple moving average of $5.43.

FutureFuel (NYSE:FF) last posted its earnings results on Friday, August 9th. The energy company reported $0.22 earnings per share for the quarter. The firm had revenue of $72.41 million during the quarter. FutureFuel had a net margin of 11.80% and a return on equity of 15.62%.

Insider Buying and Selling

In related news, Director Paul Manheim acquired 6,000 shares of FutureFuel stock in a transaction dated Thursday, August 15th. The shares were acquired at an average cost of $6.10 per share, for a total transaction of $36,600.00. Following the completion of the transaction, the director now directly owns 19,103 shares of the company’s stock, valued at $116,528.30. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 41.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FF. AQR Capital Management LLC grew its holdings in shares of FutureFuel by 76.1% during the second quarter. AQR Capital Management LLC now owns 1,553,136 shares of the energy company’s stock worth $7,968,000 after buying an additional 671,144 shares in the last quarter. Acadian Asset Management LLC grew its stake in FutureFuel by 321.7% in the 2nd quarter. Acadian Asset Management LLC now owns 742,405 shares of the energy company’s stock worth $3,808,000 after acquiring an additional 566,367 shares during the period. Los Angeles Capital Management LLC raised its holdings in FutureFuel by 612.4% in the 2nd quarter. Los Angeles Capital Management LLC now owns 352,525 shares of the energy company’s stock valued at $1,808,000 after acquiring an additional 303,038 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of FutureFuel by 293.9% during the 2nd quarter. Marshall Wace LLP now owns 219,793 shares of the energy company’s stock worth $1,128,000 after purchasing an additional 163,993 shares during the period. Finally, Ritholtz Wealth Management boosted its holdings in shares of FutureFuel by 203.9% during the third quarter. Ritholtz Wealth Management now owns 138,373 shares of the energy company’s stock worth $796,000 after purchasing an additional 92,848 shares during the last quarter. Institutional investors and hedge funds own 44.56% of the company’s stock.

FutureFuel Company Profile

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.