Murphy USA Inc. (NYSE:MUSA) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Saturday.

MUSA has been the subject of a number of other reports. BidaskClub downgraded shares of Murphy USA from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. J P Morgan Chase & Co downgraded shares of Murphy USA from a “neutral” rating to an “underweight” rating in a report on Tuesday, November 7th. Stephens downgraded shares of Murphy USA from an “overweight” rating to an “equal weight” rating in a report on Friday, August 4th. Zacks Investment Research raised shares of Murphy USA from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Jefferies Group LLC set a $86.00 price target on shares of Murphy USA and gave the company a “buy” rating in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $84.50.

Shares of Murphy USA (MUSA) opened at $76.01 on Friday. The firm has a market cap of $2,646.59, a PE ratio of 17.02, a P/E/G ratio of 1.37 and a beta of 0.74. Murphy USA has a 1-year low of $60.44 and a 1-year high of $79.98. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.18 and a quick ratio of 0.77.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.56. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.43 billion. During the same period in the prior year, the company earned $1.16 EPS. Murphy USA’s revenue was up 6.4% on a year-over-year basis. analysts forecast that Murphy USA will post 4.28 EPS for the current fiscal year.

A number of hedge funds have recently bought and sold shares of MUSA. Iridian Asset Management LLC CT lifted its stake in Murphy USA by 79.5% during the second quarter. Iridian Asset Management LLC CT now owns 2,202,973 shares of the specialty retailer’s stock valued at $163,262,000 after buying an additional 975,880 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Murphy USA by 31.2% during the third quarter. JPMorgan Chase & Co. now owns 1,596,956 shares of the specialty retailer’s stock valued at $110,110,000 after buying an additional 379,971 shares in the last quarter. Marshall Wace North America L.P. purchased a new stake in Murphy USA during the second quarter valued at about $10,500,000. Prudential Financial Inc. lifted its stake in Murphy USA by 481.2% during the third quarter. Prudential Financial Inc. now owns 131,593 shares of the specialty retailer’s stock valued at $9,080,000 after buying an additional 108,950 shares in the last quarter. Finally, Becker Capital Management Inc. lifted its stake in Murphy USA by 23.8% during the third quarter. Becker Capital Management Inc. now owns 263,496 shares of the specialty retailer’s stock valued at $18,181,000 after buying an additional 50,740 shares in the last quarter. 95.36% of the stock is owned by institutional investors.

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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.

Analyst Recommendations for Murphy USA (NYSE:MUSA)

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