Murphy USA (NYSE:MUSA - Get Free Report) had its price objective raised by equities researchers at Royal Bank of Canada from $550.00 to $554.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a "sector perform" rating on the specialty retailer's stock. Royal Bank of Canada's price target would suggest a potential upside of 13.39% from the company's current price.
Separately, StockNews.com cut shares of Murphy USA from a "buy" rating to a "hold" rating in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $510.80.
Read Our Latest Research Report on Murphy USA
Murphy USA Stock Performance
Shares of MUSA stock traded up $7.53 on Thursday, hitting $488.57. 226,021 shares of the stock were exchanged, compared to its average volume of 207,092. The firm's 50 day moving average is $508.11 and its two-hundred day moving average is $506.94. Murphy USA has a one year low of $382.04 and a one year high of $561.08. The firm has a market capitalization of $9.89 billion, a PE ratio of 20.19 and a beta of 0.79. The company has a current ratio of 0.79, a quick ratio of 0.41 and a debt-to-equity ratio of 2.18.
Murphy USA (NYSE:MUSA - Get Free Report) last issued its earnings results on Wednesday, February 5th. The specialty retailer reported $6.96 earnings per share for the quarter, topping analysts' consensus estimates of $6.46 by $0.50. Murphy USA had a net margin of 2.48% and a return on equity of 61.60%. Sell-side analysts expect that Murphy USA will post 26.47 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Creative Planning raised its holdings in shares of Murphy USA by 8.7% in the 2nd quarter. Creative Planning now owns 2,233 shares of the specialty retailer's stock valued at $1,048,000 after acquiring an additional 178 shares in the last quarter. Cetera Investment Advisers raised its stake in Murphy USA by 1.2% in the second quarter. Cetera Investment Advisers now owns 4,599 shares of the specialty retailer's stock valued at $2,159,000 after purchasing an additional 53 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Murphy USA during the second quarter valued at approximately $1,251,000. GAMMA Investing LLC grew its stake in Murphy USA by 13.9% in the 3rd quarter. GAMMA Investing LLC now owns 983 shares of the specialty retailer's stock worth $484,000 after buying an additional 120 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Murphy USA by 20.3% in the 3rd quarter. UMB Bank n.a. now owns 326 shares of the specialty retailer's stock worth $161,000 after buying an additional 55 shares during the last quarter. Institutional investors own 80.81% of the company's stock.
About Murphy USA
(
Get Free Report)
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.
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