Wells Fargo & Company Issues Pessimistic Forecast for Murphy USA (NYSE:MUSA) Stock Price

Murphy USA (NYSE:MUSA - Get Free Report) had its target price decreased by analysts at Wells Fargo & Company from $555.00 to $550.00 in a report issued on Friday,Benzinga reports. The firm currently has an "overweight" rating on the specialty retailer's stock. Wells Fargo & Company's target price suggests a potential upside of 13.86% from the company's previous close.

MUSA has been the topic of several other research reports. StockNews.com lowered shares of Murphy USA from a "buy" rating to a "hold" rating in a research note on Wednesday, January 29th. Royal Bank of Canada boosted their target price on shares of Murphy USA from $550.00 to $554.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $510.80.

Murphy USA Trading Down 1.2 %

Shares of NYSE MUSA traded down $5.92 during midday trading on Friday, hitting $483.07. The stock had a trading volume of 108,354 shares, compared to its average volume of 205,778. Murphy USA has a 1-year low of $382.04 and a 1-year high of $561.08. The company has a fifty day moving average price of $507.04 and a 200 day moving average price of $506.85. The company has a market capitalization of $9.78 billion, a price-to-earnings ratio of 19.96 and a beta of 0.79. The company has a quick ratio of 0.41, a current ratio of 0.79 and a debt-to-equity ratio of 2.18.

Murphy USA (NYSE:MUSA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The specialty retailer reported $6.96 EPS for the quarter, topping analysts' consensus estimates of $6.46 by $0.50. Murphy USA had a return on equity of 61.60% and a net margin of 2.48%. On average, analysts predict that Murphy USA will post 26.47 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Larson Financial Group LLC lifted its stake in Murphy USA by 5.4% during the third quarter. Larson Financial Group LLC now owns 391 shares of the specialty retailer's stock worth $193,000 after purchasing an additional 20 shares during the period. V Square Quantitative Management LLC lifted its holdings in Murphy USA by 40.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer's stock valued at $36,000 after purchasing an additional 21 shares during the last quarter. UMB Bank n.a. lifted its holdings in Murphy USA by 6.4% during the 4th quarter. UMB Bank n.a. now owns 347 shares of the specialty retailer's stock valued at $174,000 after purchasing an additional 21 shares during the last quarter. US Bancorp DE grew its position in Murphy USA by 0.5% during the 4th quarter. US Bancorp DE now owns 4,444 shares of the specialty retailer's stock worth $2,230,000 after acquiring an additional 24 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC grew its position in Murphy USA by 2.8% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 967 shares of the specialty retailer's stock worth $485,000 after acquiring an additional 26 shares during the last quarter. Institutional investors and hedge funds own 80.81% of the company's stock.

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.