Murphy USA (NYSE:MUSA) Downgraded to Hold Rating by StockNews.com

Murphy USA (NYSE:MUSAGet Free Report) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

Murphy USA Price Performance

MUSA stock opened at $502.56 on Wednesday. The business has a 50 day simple moving average of $513.94 and a 200-day simple moving average of $506.76. The company has a market capitalization of $10.18 billion, a P/E ratio of 20.73 and a beta of 0.80. Murphy USA has a twelve month low of $350.55 and a twelve month high of $561.08. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19.

Murphy USA (NYSE:MUSAGet Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.64 by $0.56. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. The company had revenue of $5.24 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the firm posted $7.69 EPS. Murphy USA’s revenue for the quarter was down 9.6% on a year-over-year basis. As a group, equities analysts anticipate that Murphy USA will post 23.6 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of MUSA. Larson Financial Group LLC lifted its position in Murphy USA by 5.4% in the third quarter. Larson Financial Group LLC now owns 391 shares of the specialty retailer’s stock valued at $193,000 after purchasing an additional 20 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of Murphy USA by 40.4% in the 3rd quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock valued at $36,000 after buying an additional 21 shares during the period. UMB Bank n.a. grew its holdings in Murphy USA by 6.4% during the fourth quarter. UMB Bank n.a. now owns 347 shares of the specialty retailer’s stock worth $174,000 after acquiring an additional 21 shares during the period. Measured Wealth Private Client Group LLC raised its position in Murphy USA by 2.8% in the fourth 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 in the last quarter. Finally, Mustard Seed Financial LLC lifted its holdings in Murphy USA by 2.7% in the fourth quarter. Mustard Seed Financial LLC now owns 1,123 shares of the specialty retailer’s stock valued at $564,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 80.81% of the company’s stock.

About Murphy USA

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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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Analyst Recommendations for Murphy USA (NYSE:MUSA)

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