The stock of FutureFuel Corp. (NYSE:FF) hit a new 52-week high and has $15.16 target or 3.00% above today’s $14.72 share price. The 8 months bullish chart indicates low risk for the $644.52 million company. The 1-year high was reported on Dec, 1 by Barchart.com. If the $15.16 price target is reached, the company will be worth $19.34M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 311,585 shares traded hands or 130.68% up from the average. FutureFuel Corp. (NYSE:FF) has risen 17.15% since April 28, 2016 and is uptrending. It has outperformed by 11.22% the S&P500.
Analysts await FutureFuel Corp. (NYSE:FF) to report earnings on March, 9. They expect $0.22 earnings per share, down 67.65% or $0.46 from last year’s $0.68 per share. FF’s profit will be $9.63 million for 16.73 P/E if the $0.22 EPS becomes a reality. After $0.29 actual earnings per share reported by FutureFuel Corp. for the previous quarter, Wall Street now forecasts -24.14% negative EPS growth.
FutureFuel Corp. (NYSE:FF) Ratings Coverage
Out of 2 analysts covering FutureFuel (NYSE:FF), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. FutureFuel has been the topic of 3 analyst reports since October 2, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, October 2 by Roth Capital. The firm has “Buy” rating given on Friday, October 2 by TH Capital.
According to Zacks Investment Research, “FutureFuel Chemical Company manufacturers diversified chemical products and biobased products comprised of biofuels and biobased specialty chemical products. The Biofuel product segment is focused on the production and commercialization of biodiesel while products offered by the chemical business segment mainly includes bleach activator, herbicide and performance chemicals. FutureFuel Chemical Company is based in Arkansas, USA.”
Insitutional Activity: The institutional sentiment decreased to 1.31 in Q2 2016. Its down 0.05, from 1.36 in 2016Q1. The ratio dropped, as 13 funds sold all FutureFuel Corp. shares owned while 29 reduced positions. 17 funds bought stakes while 40 increased positions. They now own 16.51 million shares or 1.88% less from 16.82 million shares in 2016Q1.
Arizona State Retirement System holds 0% of its portfolio in FutureFuel Corp. (NYSE:FF) for 11,819 shares. Clarivest Asset Mgmt Limited Liability Corp has 0.01% invested in the company for 24,784 shares. Northern has 342,433 shares for 0% of their US portfolio. Renaissance Tech last reported 1.36M shares in the company. Acadian Asset Limited Liability Corp accumulated 0% or 79,944 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,149 shares or 0% of the stock. Millennium Mngmt Limited Liability Company last reported 0% of its portfolio in the stock. Metropolitan Life Insur Co Ny accumulated 0% or 16,379 shares. Schroder Management Gru owns 25,400 shares or 0% of their US portfolio. Comerica Natl Bank holds 0% of its portfolio in FutureFuel Corp. (NYSE:FF) for 22,416 shares. Thrivent Financial For Lutherans has invested 0% of its portfolio in FutureFuel Corp. (NYSE:FF). Systematic Financial Mngmt Limited Partnership last reported 0.04% of its portfolio in the stock. The Germany-based Deutsche Commercial Bank Ag has invested 0% in FutureFuel Corp. (NYSE:FF). The North Carolina-based Fincl Bank Of America Corp De has invested 0% in FutureFuel Corp. (NYSE:FF). Legal & General Gp Public Ltd Com, a United Kingdom-based fund reported 4,024 shares.
Insider Transactions: Since June 14, 2016, the stock had 1 buying transaction, and 2 selling transactions for $295,953 net activity. Lorenzini Paul G. sold 15,000 shares worth $198,000. $4,899 worth of FutureFuel Corp. (NYSE:FF) shares were bought by Bedell Donald C.. On Friday, November 18 the insider Flynn Paul M sold $102,852.
More news for FutureFuel Corp. (NYSE:FF) were recently published by: Marketwatch.com, which released: “FutureFuel Corp.” on April 18, 2011. Quotes.Wsj.com‘s article titled: “FutureFuel Corp. FF (US: NYSE)” and published on February 13, 2011 is yet another important article.
FF Company Profile
FutureFuel Corp., incorporated on August 12, 2005, is engaged in the chemical and biofuels business. The FutureFuel Chemical Company, a subsidiary of Company, makes chemical products and bio products comprising biofuels and bio specialty chemical products. The Firm operates in two divisions: chemicals and biofuels. The Firm owns approximately 2,200 acres of land, over six miles southeast of Batesville in north central Arkansas fronting the White River. Approximately 500 acres of the site are occupied with batch and continuous manufacturing facilities, laboratories and associated infrastructure, including on-site liquid waste treatment.
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