Murphy USA (NYSE:MUSA) has been given a $85.00 price objective by investment analysts at Stephens in a research note issued to investors on Tuesday. The firm presently has a “hold” rating on the specialty retailer’s stock. Stephens’ target price indicates a potential downside of 1.27% from the company’s previous close.
MUSA has been the subject of several other reports. Zacks Investment Research upgraded shares of Murphy USA from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. cut shares of Murphy USA from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 7th. BidaskClub cut shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Wells Fargo & Co raised their target price on shares of Murphy USA and gave the stock a “market perform” rating in a report on Thursday, January 4th. Finally, ValuEngine raised shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $91.67.
Shares of Murphy USA (MUSA) traded up $0.67 on Tuesday, hitting $86.09. 233,500 shares of the company’s stock traded hands, compared to its average volume of 299,011. Murphy USA has a one year low of $61.01 and a one year high of $86.85. The firm has a market capitalization of $2,995.60, a PE ratio of 19.26, a price-to-earnings-growth ratio of 1.67 and a beta of 0.76. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.77 and a current ratio of 1.18.
Murphy USA (NYSE:MUSA) last announced its earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, topping the consensus estimate of $1.34 by $0.56. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The company had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period last year, the company posted $1.16 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. sell-side analysts forecast that Murphy USA will post 4.35 EPS for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of MUSA. Tiedemann Wealth Management LLC raised its position in Murphy USA by 9.9% during the third quarter. Tiedemann Wealth Management LLC now owns 17,693 shares of the specialty retailer’s stock valued at $103,000 after acquiring an additional 1,587 shares in the last quarter. Zions Bancorporation bought a new position in Murphy USA during the third quarter valued at approximately $106,000. Tower Research Capital LLC TRC raised its position in Murphy USA by 1,343.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock valued at $107,000 after acquiring an additional 1,343 shares in the last quarter. Victory Capital Management Inc. raised its position in Murphy USA by 17.6% during the second quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock valued at $194,000 after acquiring an additional 392 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in Murphy USA during the third quarter valued at approximately $208,000. 95.34% of the stock is owned by institutional investors and hedge funds.
Murphy USA Company Profile
Murphy USA Inc is engaged in the marketing of retail motor fuel products and merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. As of December 31, 2016, its retail stores were located in 26 states, primarily in the Southwest, Southeast and Midwest the United States.
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