Wall Street analysts forecast that Murphy USA Inc. (NYSE:MUSA) will report earnings per share (EPS) of $1.14 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Murphy USA’s earnings, with the lowest EPS estimate coming in at $1.02 and the highest estimate coming in at $1.36. Murphy USA reported earnings per share of $1.16 in the same quarter last year, which suggests a negative year over year growth rate of 1.7%. The business is expected to issue its next earnings results after the market closes on Wednesday, November 1st.

On average, analysts expect that Murphy USA will report full year earnings of $3.67 per share for the current fiscal year, with EPS estimates ranging from $3.41 to $3.90. For the next financial year, analysts anticipate that the business will post earnings of $4.59 per share, with EPS estimates ranging from $4.36 to $4.85. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow Murphy USA.

Murphy USA (NYSE:MUSA) last issued its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported $1.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.42. The business had revenue of $3.21 billion for 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%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.17 EPS.

MUSA has been the topic of a number of recent analyst reports. BidaskClub upgraded Murphy USA from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 5th. Jefferies Group LLC reiterated a “buy” rating and issued a $83.00 target price (up previously from $77.00) on shares of Murphy USA in a research report on Monday, July 17th. William Blair initiated coverage on Murphy USA in a research report on Wednesday, July 12th. They issued a “market perform” rating on the stock. Finally, Zacks Investment Research cut Murphy USA from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $84.50.

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In other news, EVP Daryl R. Schofield purchased 3,000 shares of Murphy USA stock in a transaction dated Thursday, August 17th. The shares were bought at an average cost of $66.00 per share, for a total transaction of $198,000.00. Following the completion of the acquisition, the executive vice president now owns 3,000 shares in the company, valued at approximately $198,000. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP John A. Moore sold 1,030 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $71.46, for a total value of $73,603.80. Following the sale, the senior vice president now owns 18,169 shares in the company, valued at $1,298,356.74. The disclosure for this sale can be found here. Insiders own 7.30% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC grew its holdings in shares of Murphy USA by 2.5% during the second quarter. Lord Abbett & CO. LLC now owns 40,800 shares of the specialty retailer’s stock worth $3,024,000 after purchasing an additional 1,000 shares during the last quarter. BW Gestao de Investimentos Ltda. grew its holdings in shares of Murphy USA by 11.2% during the second quarter. BW Gestao de Investimentos Ltda. now owns 10,035 shares of the specialty retailer’s stock worth $744,000 after purchasing an additional 1,007 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Murphy USA by 1,343.0% during the second quarter. Tower Research Capital LLC TRC now owns 1,443 shares of the specialty retailer’s stock worth $107,000 after purchasing an additional 1,343 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Murphy USA by 1.4% during the second quarter. The Manufacturers Life Insurance Company now owns 50,897 shares of the specialty retailer’s stock worth $3,772,000 after purchasing an additional 723 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Murphy USA during the second quarter worth about $688,000. Institutional investors own 97.29% of the company’s stock.

Shares of Murphy USA (NYSE:MUSA) traded down 0.35% on Friday, reaching $73.21. 245,256 shares of the company traded hands. The company has a market capitalization of $2.64 billion, a P/E ratio of 19.52 and a beta of 0.72. Murphy USA has a one year low of $57.13 and a one year high of $79.98. The firm’s 50 day moving average is $68.10 and its 200 day moving average is $69.95.

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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