FutureFuel Corp. (NYSE:FF) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12 month consensus target price of $14.00 for the company and are predicting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also assigned FutureFuel Corp. an industry rank of 17 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded FutureFuel Corp. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 12th.
Shares of FutureFuel Corp. (NYSE:FF) traded down 0.09% during trading on Tuesday, reaching $11.35. 23,648 shares of the company traded hands. The stock’s 50 day moving average is $11.37 and its 200 day moving average is $11.20. The company has a market capitalization of $496.23 million, a price-to-earnings ratio of 8.37 and a beta of 1.31. FutureFuel Corp. has a 1-year low of $9.77 and a 1-year high of $16.08.
FutureFuel Corp. (NYSE:FF) last released its earnings results on Tuesday, August 9th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.09. FutureFuel Corp. had a return on equity of 15.02% and a net margin of 23.21%. The company earned $67.88 million during the quarter, compared to the consensus estimate of $93.50 million. During the same period in the previous year, the company posted $0.09 EPS. FutureFuel Corp.’s revenue was down 35.1% compared to the same quarter last year. On average, analysts forecast that FutureFuel Corp. will post $1.00 EPS for the current year.
Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of FutureFuel Corp. by 25.7% in the second quarter. Royal Bank of Canada now owns 1,631,867 shares of the company’s stock worth $17,755,000 after buying an additional 333,951 shares during the period. Schwab Charles Investment Management Inc. increased its position in shares of FutureFuel Corp. by 1.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 85,418 shares of the company’s stock worth $930,000 after buying an additional 1,218 shares during the period. Hillsdale Investment Management Inc. increased its position in shares of FutureFuel Corp. by 10.9% in the second quarter. Hillsdale Investment Management Inc. now owns 30,640 shares of the company’s stock worth $333,000 after buying an additional 3,000 shares during the period. Krilogy Financial LLC increased its position in shares of FutureFuel Corp. by 0.5% in the second quarter. Krilogy Financial LLC now owns 10,117 shares of the company’s stock worth $110,000 after buying an additional 53 shares during the period. Finally, Arizona State Retirement System increased its position in shares of FutureFuel Corp. by 1.7% in the second quarter. Arizona State Retirement System now owns 11,819 shares of the company’s stock worth $129,000 after buying an additional 200 shares during the period. 38.53% of the stock is owned by institutional investors and hedge funds.
About FutureFuel Corp.
FutureFuel Corp. is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, manufactures chemical products and bio-based products comprising biofuels and bio-based specialty chemical products. The Company operates in two segments: chemicals and biofuels.
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