Murphy USA Inc. (NYSE:MUSA) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Murphy USA Inc. (NYSE:MUSA) have been given an average recommendation of “Hold” by the five analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $509.40.

Separately, StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a research report on Tuesday, January 21st.

Hedge Funds Weigh In On Murphy USA

A number of large investors have recently added to or reduced their stakes in the stock. Canada Pension Plan Investment Board purchased a new stake in Murphy USA in the 2nd quarter valued at $94,000. Creative Planning grew its holdings in shares of Murphy USA by 8.7% in the second quarter. Creative Planning now owns 2,233 shares of the specialty retailer’s stock valued at $1,048,000 after purchasing an additional 178 shares during the period. Cetera Investment Advisers increased its position in Murphy USA by 1.2% during the second quarter. Cetera Investment Advisers now owns 4,599 shares of the specialty retailer’s stock worth $2,159,000 after purchasing an additional 53 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Murphy USA during the second quarter worth about $1,251,000. Finally, Park Avenue Securities LLC boosted its holdings in Murphy USA by 8.6% in the 3rd quarter. Park Avenue Securities LLC now owns 2,196 shares of the specialty retailer’s stock valued at $1,082,000 after purchasing an additional 174 shares during the last quarter. 80.81% of the stock is currently owned by institutional investors and hedge funds.

Murphy USA Stock Down 1.1 %

Murphy USA stock opened at $476.54 on Monday. Murphy USA has a 52 week low of $350.55 and a 52 week high of $561.08. The firm has a market cap of $9.65 billion, a price-to-earnings ratio of 19.66 and a beta of 0.80. The business’s 50-day moving average price is $516.39 and its 200 day moving average price is $506.63. The company has a quick ratio of 0.41, a current ratio of 0.80 and a debt-to-equity ratio of 2.19.

Murphy USA (NYSE:MUSA) last posted its earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share for the quarter, beating the consensus estimate of $6.64 by $0.56. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. The firm had revenue of $5.24 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the firm earned $7.69 EPS. The business’s quarterly revenue was down 9.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Murphy USA will post 23.6 earnings per share for the current year.

Murphy USA Company Profile

Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.