Murphy USA Inc (NYSE:MUSA) has received a consensus recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $114.50.
A number of equities analysts have commented on the company. Zacks Investment Research raised Murphy USA from a “hold” rating to a “buy” rating and set a $112.00 price objective on the stock in a research note on Tuesday, April 7th. Stephens boosted their price objective on Murphy USA from $130.00 to $157.00 in a research note on Wednesday, June 10th. Finally, ValuEngine lowered Murphy USA from a “sell” rating to a “strong sell” rating in a research note on Monday, June 29th.
Several institutional investors and hedge funds have recently modified their holdings of MUSA. G&S Capital LLC acquired a new position in shares of Murphy USA during the first quarter valued at $26,000. Verus Capital Partners LLC acquired a new position in shares of Murphy USA during the fourth quarter valued at $40,000. GQ Asset Management LLC acquired a new position in shares of Murphy USA during the first quarter valued at $44,000. BDO Wealth Advisors LLC acquired a new position in shares of Murphy USA during the first quarter valued at $63,000. Finally, Advisor Group Holdings Inc. acquired a new position in shares of Murphy USA during the first quarter valued at $77,000. 84.20% of the stock is currently owned by institutional investors and hedge funds.
MUSA stock traded down $0.95 during trading on Thursday, hitting $112.31. The company had a trading volume of 10,126 shares, compared to its average volume of 409,765. The company has a fifty day moving average price of $113.79 and a two-hundred day moving average price of $107.85. The company has a current ratio of 1.32, a quick ratio of 0.78 and a debt-to-equity ratio of 1.32. The company has a market cap of $3.26 billion, a P/E ratio of 14.65 and a beta of 1.01. Murphy USA has a fifty-two week low of $78.75 and a fifty-two week high of $121.24.
Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Friday, April 17th. The specialty retailer reported $2.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.80 by $0.12. The business had revenue of $2.48 billion for the quarter, compared to analyst estimates of $3.05 billion. Murphy USA had a return on equity of 31.86% and a net margin of 1.69%. Murphy USA’s quarterly revenue was down 20.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.16 EPS. On average, analysts expect that Murphy USA will post 9.59 earnings per share for the current year.
Murphy USA Company Profile
Murphy USA Inc operates a chain of retail stores in the United States. The company's retail stores offer motor fuel products and convenience merchandise. It operates retail stores under the Murphy USA and Murphy Express brand names. As of December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.
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