Murphy USA (NYSE:MUSA) was downgraded by ValuEngine from a "sell" rating to a "strong sell" rating in a research report issued on Monday, ValuEngine reports.
Other research analysts also recently issued reports about the stock. Stephens lifted their price target on shares of Murphy USA from $130.00 to $157.00 in a research note on Wednesday, June 10th. Zacks Investment Research upgraded shares of Murphy USA from a "hold" rating to a "buy" rating and set a $112.00 target price on the stock in a research report on Tuesday, April 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. Murphy USA currently has a consensus rating of "Hold" and a consensus price target of $114.50.
Murphy USA stock traded down $1.13 during midday trading on Monday, hitting $109.58. 602,295 shares of the company's stock were exchanged, compared to its average volume of 448,383. The company has a market cap of $3.23 billion, a P/E ratio of 14.32 and a beta of 1.02. 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 50-day moving average price of $113.66 and a two-hundred day moving average price of $108.06. Murphy USA has a 52-week low of $78.75 and a 52-week high of $121.24.
Murphy USA (NYSE:MUSA) last released its quarterly earnings results on Friday, April 17th. The specialty retailer reported $2.92 EPS for the quarter, topping the Zacks' consensus estimate of $2.80 by $0.12. The business had revenue of $2.48 billion during the quarter, compared to analysts' expectations of $3.05 billion. Murphy USA had a net margin of 1.69% and a return on equity of 31.86%. The business's quarterly revenue was down 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 EPS. As a group, sell-side analysts expect that Murphy USA will post 9.59 earnings per share for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its position in shares of Murphy USA by 7,557.2% in the 4th quarter. Victory Capital Management Inc. now owns 506,986 shares of the specialty retailer's stock worth $59,317,000 after purchasing an additional 500,365 shares during the period. Norges Bank bought a new stake in shares of Murphy USA during the 4th quarter valued at about $47,876,000. Prudential Financial Inc. increased its position in shares of Murphy USA by 787.8% during the 4th quarter. Prudential Financial Inc. now owns 229,068 shares of the specialty retailer's stock valued at $26,801,000 after purchasing an additional 203,267 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Murphy USA by 31.6% in the 1st quarter. Alliancebernstein L.P. now owns 561,630 shares of the specialty retailer's stock worth $47,379,000 after purchasing an additional 134,777 shares during the period. Finally, Advisory Research Inc. purchased a new position in shares of Murphy USA in the first quarter worth approximately $10,270,000. 84.20% of the stock is currently owned by hedge funds and other institutional investors.
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.
See Also: Trading Strategy Methods for Individual Investors
To view ValuEngine's full report, visit ValuEngine's official website.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Best Growth Stocks - Best Stocks to Buy Now
The stock market has been growing since the New York Stock Exchange opened its doors in 1817. Sometimes, a stock will outpace the rest of the market in terms of growth. These skyrocketing securities—or the ones that analysts expect to skyrocket—are called growth stocks.
What Every Investor Needs to Know About Growth Stocks
Growth stocks are a great opportunity for an investor to make money in the stock market, but you’ve got to know what you’re going to buy or sell. A good understanding of growth stocks will help you get there.
At the beginning of a bull market, you can almost choose stocks randomly and find yourself a winner. Now that we are entering the ninth year of the current bull market, growth stocks have appreciated considerably and it's becoming far more challenging to find stocks with real opportunities for appreciation.
Growth companies are still largely outperforming their value counterparts in the United States and the rest of the world largely because of low interest rates, improved corporate earnings and global economic growth. Over the last five years, the S&P 500 Growth Index has returned 14.22% per year. During the same time, the S&P 500 Value Index returned just 12.94%.
Now that the bull market is now nearly a decade old, stocks have become very expensive. Value investors are largely sitting on the sidelines and growth investors are having a hard time figuring out where the remaining growth opportunities exist.
If you are looking for growth stocks in an increasingly small field, we have identified the 10 best growth stocks to buy right now based on their expected earnings growth over the next several years. These companies are all growing rapidly and will likely see double-digit earnings growth next year.
View the "Best Growth Stocks - Best Stocks to Buy Now".