Murphy USA Inc (NYSE:MUSA) – Equities research analysts at Jefferies Group lifted their FY2017 EPS estimates for shares of Murphy USA in a research note issued on Friday, according to Zacks Investment Research. Jefferies Group analyst C. Mandeville now expects that the specialty retailer will earn $4.52 per share for the year, up from their previous estimate of $4.32. Jefferies Group currently has a “Buy” rating and a $98.00 target price 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.
A number of other analysts have also recently issued reports on the company. Zacks Investment Research cut Murphy USA from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. BidaskClub cut Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. ValuEngine raised Murphy USA from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Wells Fargo & Co increased their target price on Murphy USA and gave the stock a “market perform” rating in a research note on Thursday, January 4th. Finally, JPMorgan Chase & Co. cut Murphy USA from a “neutral” rating to an “underweight” rating in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Murphy USA presently has an average rating of “Hold” and an average target price of $91.67.
Shares of Murphy USA (NYSE MUSA) traded up $0.21 during trading hours on Monday, hitting $85.31. 501,431 shares of the company were exchanged, compared to its average volume of 298,882. The firm has a market cap of $2,996.30, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 1.67 and a beta of 0.76. The company has a quick ratio of 0.77, a current ratio of 1.18 and a debt-to-equity ratio of 1.30. Murphy USA has a 1-year low of $62.31 and a 1-year high of $89.69.
Murphy USA (NYSE:MUSA) last announced its quarterly earnings results on Wednesday, January 31st. The specialty retailer reported $3.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $2.54. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.25 billion. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. Murphy USA’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the company posted $1.14 EPS.
Institutional investors and hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC grew 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 acquiring an additional 1,343 shares in the last quarter. Zions Bancorporation bought a new position in shares of Murphy USA during the 3rd quarter worth approximately $106,000. State of Alaska Department of Revenue bought a new position in shares of Murphy USA during the 4th quarter worth approximately $158,000. Victory Capital Management Inc. grew 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 acquiring an additional 392 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Murphy USA during the 3rd quarter worth approximately $208,000. 95.42% of the stock is owned by institutional investors.
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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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