Murphy USA Inc (NYSE:MUSA) – Analysts at Jefferies Group boosted their FY2017 earnings per share (EPS) estimates for shares of Murphy USA in a research note issued to investors on Friday, Zacks Investment Research reports. Jefferies Group analyst C. Mandeville now forecasts that the specialty retailer will post earnings per share of $4.52 for the year, up from their previous forecast of $4.32. Jefferies Group currently has a “Buy” rating and a $98.00 price target on the stock. Jefferies Group also issued estimates for Murphy USA’s Q2 2018 earnings at $1.29 EPS, Q3 2018 earnings at $1.61 EPS, FY2020 earnings at $5.38 EPS and FY2022 earnings at $6.08 EPS.
Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.56. Murphy USA had a return on equity of 24.19% and a net margin of 1.31%. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.43 billion. During the same quarter last year, the company earned $1.16 earnings per share. Murphy USA’s quarterly revenue was up 6.4% compared to the same quarter last year.
A number of other equities research analysts also recently commented on MUSA. BidaskClub raised Murphy USA from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Gabelli downgraded Murphy USA from a “buy” rating to a “hold” rating and set a $92.00 target price for the company. in a report on Thursday, January 11th. Wells Fargo & Co raised their target price on Murphy USA and gave the company a “market perform” rating in a report on Thursday, January 4th. JPMorgan Chase & Co. downgraded Murphy USA from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 7th. Finally, ValuEngine downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $91.00.
Shares of Murphy USA (NYSE:MUSA) opened at $86.09 on Monday. Murphy USA has a fifty-two week low of $61.01 and a fifty-two week high of $86.85. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.18 and a quick ratio of 0.77. The company has a market capitalization of $2,995.60, a price-to-earnings ratio of 19.26, a price-to-earnings-growth ratio of 1.67 and a beta of 0.76.
Large investors have recently added to or reduced their stakes in the company. Tiedemann Wealth Management LLC raised its stake in shares of Murphy USA by 9.9% during the 3rd quarter. Tiedemann Wealth Management LLC now owns 17,693 shares of the specialty retailer’s stock worth $103,000 after buying an additional 1,587 shares during the last quarter. Zions Bancorporation acquired a new position in shares of Murphy USA during the 3rd quarter worth $106,000. Tower Research Capital LLC TRC raised its stake in shares of Murphy USA by 1,343.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock worth $107,000 after buying an additional 1,343 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Murphy USA by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,624 shares of the specialty retailer’s stock worth $194,000 after buying an additional 392 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Murphy USA during the 3rd quarter worth $208,000. 95.34% of the stock is owned by institutional investors and hedge funds.
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About Murphy USA
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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