Murphy USA (NYSE:MUSA) Rating Lowered to Strong Sell at ValuEngine

Murphy USA (NYSE:MUSA) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Monday, ValuEngine reports.

A number of other equities analysts have also recently commented on MUSA. Zacks Investment Research upgraded Murphy USA from a “hold” rating to a “buy” rating and set a $112.00 price target for the company in a report on Tuesday, April 7th. Stephens boosted their price objective on Murphy USA from $130.00 to $157.00 in a report on Wednesday, June 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Murphy USA presently has a consensus rating of “Hold” and a consensus price target of $114.50.

Murphy USA stock opened at $109.58 on Monday. Murphy USA has a 52 week low of $78.75 and a 52 week high of $121.24. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.78 and a current ratio of 1.32. The stock has a market capitalization of $3.23 billion, a P/E ratio of 14.32 and a beta of 1.02. The stock has a 50-day simple moving average of $113.56 and a 200 day simple moving average of $108.02.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings results on Friday, April 17th. The specialty retailer reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $2.80 by $0.12. Murphy USA had a return on equity of 31.86% and a net margin of 1.69%. The business had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $3.05 billion. During the same quarter last year, the company posted $0.16 earnings per share. Murphy USA’s quarterly revenue was down 20.4% on a year-over-year basis. Research analysts forecast that Murphy USA will post 9.59 earnings per share for the current year.

Several large investors have recently modified their holdings of the company. G&S Capital LLC acquired a new stake in shares of Murphy USA in the first quarter valued at approximately $26,000. Verus Capital Partners LLC acquired a new stake in shares of Murphy USA in the fourth quarter valued at approximately $40,000. GQ Asset Management LLC acquired a new stake in shares of Murphy USA in the first quarter valued at approximately $44,000. BDO Wealth Advisors LLC acquired a new stake in shares of Murphy USA in the first quarter valued at approximately $63,000. Finally, Advisor Group Holdings Inc. acquired a new stake in shares of Murphy USA in the first quarter valued at approximately $77,000. Institutional investors own 84.20% of the company’s stock.

Murphy USA Company Profile

Murphy USA Inc operates a chain of retail stores in the United States. The company's retail stores offer motor fuel products and convenience merchandise. It operates retail stores under the Murphy USA and Murphy Express brand names. As of December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.

Featured Story: What is the return on assets formula?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Murphy USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy USA and related companies with MarketBeat.com's FREE daily email newsletter.