Analysts expect Murphy USA Inc (NYSE:MUSA) to announce $3.25 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Murphy USA’s earnings. The highest sales estimate is $3.35 billion and the lowest is $3.12 billion. Murphy USA posted sales of $3.00 billion during the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The company is scheduled to issue its next earnings results on Monday, May 7th.
According to Zacks, analysts expect that Murphy USA will report full-year sales of $3.25 billion for the current year, with estimates ranging from $13.55 billion to $14.66 billion. For the next year, analysts expect that the business will post sales of $14.20 billion per share, with estimates ranging from $13.80 billion to $14.74 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Murphy USA.
Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, January 31st. The specialty retailer reported $3.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $2.54. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.25 billion. Murphy USA had a net margin of 1.91% and a return on equity of 22.69%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.14 EPS.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Horrell Capital Management Inc. raised its holdings in Murphy USA by 2.0% in the fourth quarter. Horrell Capital Management Inc. now owns 28,641 shares of the specialty retailer’s stock valued at $2,302,000 after buying an additional 571 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Murphy USA by 10.7% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,341 shares of the specialty retailer’s stock valued at $507,000 after buying an additional 711 shares during the period. ING Groep NV raised its holdings in Murphy USA by 18.9% in the fourth quarter. ING Groep NV now owns 4,883 shares of the specialty retailer’s stock valued at $392,000 after buying an additional 777 shares during the period. Reliance Trust Co. of Delaware raised its holdings in Murphy USA by 20.6% in the fourth quarter. Reliance Trust Co. of Delaware now owns 4,579 shares of the specialty retailer’s stock valued at $368,000 after buying an additional 781 shares during the period. Finally, Willingdon Wealth Management raised its holdings in Murphy USA by 3.0% in the fourth quarter. Willingdon Wealth Management now owns 34,642 shares of the specialty retailer’s stock valued at $2,784,000 after buying an additional 999 shares during the period. Hedge funds and other institutional investors own 96.22% of the company’s stock.
Shares of Murphy USA (NYSE:MUSA) traded down $1.35 during mid-day trading on Wednesday, hitting $75.26. 348,247 shares of the stock traded hands, compared to its average volume of 355,751. The stock has a market cap of $2,550.00, a price-to-earnings ratio of 17.30, a P/E/G ratio of 1.83 and a beta of 0.91. Murphy USA has a 1-year low of $63.79 and a 1-year high of $89.69. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.81 and a current ratio of 1.15.
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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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