Murphy USA (MUSA) PT Set at $85.00 by Stephens

Murphy USA (NYSE:MUSA) has been given a $85.00 target price by research analysts at Stephens in a research report issued on Tuesday. The firm presently has a “hold” rating on the specialty retailer’s stock. Stephens’ target price would suggest a potential downside of 1.27% from the company’s current price.

A number of other equities analysts have also commented on the stock. Gabelli lowered shares of Murphy USA from a “buy” rating to a “hold” rating and set a $92.00 price target on the stock. in a research report on Thursday, January 11th. Jefferies Group reissued a “buy” rating and issued a $98.00 price target on shares of Murphy USA in a research report on Monday, January 8th. Wells Fargo & Co lifted their price target on shares of Murphy USA and gave the company a “market perform” rating in a research report on Thursday, January 4th. ValuEngine lowered shares of Murphy USA from a “buy” rating to a “hold” rating in a research report on Saturday, November 25th. Finally, JPMorgan Chase & Co. lowered shares of Murphy USA from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Murphy USA presently has an average rating of “Hold” and an average price target of $91.67.

Murphy USA (MUSA) traded up $0.67 during trading hours on Tuesday, hitting $86.09. 233,500 shares of the stock were exchanged, compared to its average volume of 299,011. Murphy USA has a 12 month low of $61.01 and a 12 month high of $86.85. 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. 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 released its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 EPS for the quarter, beating the Zacks’ 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 for the quarter, compared to analyst estimates of $3.43 billion. During the same quarter last year, the firm posted $1.16 earnings per share. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. research analysts expect that Murphy USA will post 4.35 EPS for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. California Public Employees Retirement System boosted its stake in Murphy USA by 1.8% during the third quarter. California Public Employees Retirement System now owns 120,754 shares of the specialty retailer’s stock worth $8,332,000 after buying an additional 2,105 shares in the last quarter. Zions Bancorporation acquired a new stake in Murphy USA during the third quarter worth $106,000. Royce & Associates LP boosted its stake in Murphy USA by 10.0% during the third quarter. Royce & Associates LP now owns 33,000 shares of the specialty retailer’s stock worth $2,277,000 after buying an additional 3,000 shares in the last quarter. Tiedemann Wealth Management LLC boosted its stake 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 worth $103,000 after buying an additional 1,587 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in Murphy USA by 8.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 179,395 shares of the specialty retailer’s stock worth $12,379,000 after buying an additional 14,229 shares in the last quarter. Institutional investors and hedge funds own 95.34% of the company’s stock.

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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.

Analyst Recommendations for Murphy USA (NYSE:MUSA)

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