FutureFuel (NYSE:FF) Posts Quarterly Earnings Results

FutureFuel (NYSE:FF) announced its quarterly earnings data on Monday. The energy company reported ($0.21) EPS for the quarter, Zacks reports. The company had revenue of $22.69 million for the quarter. FutureFuel had a negative return on equity of 13.47% and a negative net margin of 15.95%.

FutureFuel Price Performance

Shares of FutureFuel stock opened at $3.44 on Wednesday. FutureFuel has a 1 year low of $3.42 and a 1 year high of $5.78. The business has a 50-day moving average of $3.93 and a two-hundred day moving average of $3.97. The company has a market capitalization of $150.46 million, a P/E ratio of -5.63 and a beta of 0.64.

Hedge Funds Weigh In On FutureFuel

Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in 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 buying an additional 38,601 shares during the period. Jane Street Group LLC increased its position in shares of FutureFuel by 447.4% during the first quarter. Jane Street Group LLC now owns 61,481 shares of the energy company’s stock worth $240,000 after acquiring an additional 50,249 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of 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 acquiring an additional 3,328 shares during the period. Marshall Wace LLP lifted its position in FutureFuel by 56.3% in the 2nd quarter. Marshall Wace LLP now owns 96,306 shares of the energy company’s stock valued at $374,000 after acquiring an additional 34,688 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in 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 during the period. 44.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of FutureFuel in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock 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.