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

StockNews.com cut shares of FutureFuel (NYSE:FF) from a strong-buy rating to a buy rating in a report issued on Wednesday morning.

FutureFuel Price Performance

FutureFuel stock opened at $6.10 on Wednesday. The firm has a market cap of $266.74 million, a P/E ratio of 13.25 and a beta of 0.62. The stock’s 50 day moving average is $5.92 and its 200 day moving average is $5.50. FutureFuel has a one year low of $4.15 and a one year high of $8.36.

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

Insiders Place Their Bets

In other FutureFuel news, Director Paul Manheim acquired 6,000 shares of the stock in a transaction dated Thursday, August 15th. The stock was purchased at an average cost of $6.10 per share, with a total value of $36,600.00. Following the transaction, the director now owns 19,103 shares in the company, valued at approximately $116,528.30. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 40.90% of the company’s stock.

Institutional Investors Weigh In On FutureFuel

Several large investors have recently added to or reduced their stakes in FF. Commonwealth Equity Services LLC increased its stake in FutureFuel by 1.0% in the first quarter. Commonwealth Equity Services LLC now owns 333,753 shares of the energy company’s stock valued at $2,687,000 after purchasing an additional 3,460 shares in the last quarter. nVerses Capital LLC acquired a new position in FutureFuel during the 2nd quarter worth approximately $26,000. PNC Financial Services Group Inc. boosted its holdings in FutureFuel by 821.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,029 shares of the energy company’s stock worth $37,000 after acquiring an additional 5,375 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in FutureFuel by 27.3% in the second quarter. Nisa Investment Advisors LLC now owns 25,238 shares of the energy company’s stock valued at $129,000 after acquiring an additional 5,408 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of FutureFuel by 4.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 172,808 shares of the energy company’s stock valued at $1,391,000 after acquiring an additional 8,003 shares in the last quarter. Institutional investors and hedge funds own 44.56% of the company’s stock.

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.