Murphy USA Inc. (NYSE:MUSA) will announce its earnings results after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $1.14 per share for the quarter.
Murphy USA (NYSE:MUSA) last announced its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported $1.51 EPS for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.42. The company had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.27 billion. Murphy USA had a net margin of 1.15% and a return on equity of 20.19%. Murphy USA’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 EPS. On average, analysts expect Murphy USA to post $3.81 EPS for the current fiscal year and $4.58 EPS for the next fiscal year.
Murphy USA Inc. (NYSE:MUSA) opened at 74.85 on Tuesday. Murphy USA Inc. has a 12 month low of $57.13 and a 12 month high of $79.98. The firm’s 50-day moving average is $70.66 and its 200-day moving average is $69.98. The stock has a market cap of $2.70 billion, a P/E ratio of 19.96 and a beta of 0.72.
A number of equities research analysts have issued reports on MUSA shares. Zacks Investment Research cut Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub cut Murphy USA from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 2nd. Stephens cut Murphy USA from an “overweight” rating to an “equal weight” rating in a research note on Friday, August 4th. Jefferies Group LLC reiterated a “buy” rating and issued a $83.00 target price (up from $77.00) on shares of Murphy USA in a research note on Monday, July 17th. Finally, William Blair started coverage on Murphy USA in a research note on Wednesday, July 12th. They issued a “market perform” rating on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Murphy USA currently has an average rating of “Hold” and an average price target of $84.50.
In related news, SVP John A. Moore sold 1,030 shares of Murphy USA stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $71.46, for a total transaction of $73,603.80. Following the sale, the senior vice president now directly owns 18,169 shares in the company, valued at $1,298,356.74. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Daryl R. Schofield acquired 3,000 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average price of $66.00 per share, for a total transaction of $198,000.00. Following the completion of the purchase, the executive vice president now owns 3,000 shares of the company’s stock, valued at $198,000. The disclosure for this purchase can be found here. Company insiders own 7.30% of the company’s stock.
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Murphy USA Company Profile
Murphy USA Inc is engaged in the marketing of retail motor fuel products and merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. As of December 31, 2016, its retail stores were located in 26 states, primarily in the Southwest, Southeast and Midwest the United States.
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