FutureFuel (NYSE:FF) Posts Quarterly Earnings Results

FutureFuel (NYSE:FF) posted its quarterly earnings data on Monday. The energy company reported $0.25 earnings per share for the quarter, FiscalAI reports. FutureFuel had a negative return on equity of 32.51% and a negative net margin of 47.51%.The business had revenue of $78.73 million during the quarter.

FutureFuel Price Performance

Shares of FF traded up $0.09 on Monday, reaching $5.18. 939,585 shares of the stock traded hands, compared to its average volume of 377,593. The stock’s 50-day moving average price is $4.58 and its 200-day moving average price is $4.23. The firm has a market cap of $227.22 million, a price-to-earnings ratio of -4.35 and a beta of 0.82. FutureFuel has a 12 month low of $3.09 and a 12 month high of $5.40.

FutureFuel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 4th. FutureFuel’s dividend payout ratio (DPR) is presently -3.36%.

Analyst Ratings Changes

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

Insider Buying and Selling

In other FutureFuel news, CEO Roeland Polet purchased 10,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were purchased at an average price of $4.28 per share, for a total transaction of $42,800.00. Following the completion of the purchase, the chief executive officer directly owned 35,000 shares of the company’s stock, valued at approximately $149,800. This represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 42.40% of the stock is currently owned by company insiders.

Institutional Trading of FutureFuel

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in FutureFuel by 226.0% during the third quarter. BNP Paribas Financial Markets now owns 9,038 shares of the energy company’s stock valued at $35,000 after purchasing an additional 6,266 shares in the last quarter. Brooklyn Investment Group lifted its position in shares of FutureFuel by 4,087.0% during the 3rd quarter. Brooklyn Investment Group now owns 12,854 shares of the energy company’s stock worth $50,000 after buying an additional 12,547 shares during the period. Centiva Capital LP acquired a new stake in FutureFuel in the 3rd quarter valued at $50,000. Persistent Asset Partners Ltd bought a new stake in FutureFuel in the second quarter valued at $51,000. Finally, Jacobs Levy Equity Management Inc. acquired a new position in FutureFuel during the third quarter worth $51,000. Institutional investors own 44.56% of the company’s stock.

FutureFuel Company Profile

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.