Brokerages forecast that Murphy USA Inc (NYSE:MUSA) will announce earnings of $1.13 per share for the current quarter, according to Zacks. Four analysts have issued estimates for Murphy USA’s earnings. The lowest EPS estimate is $0.88 and the highest is $1.36. Murphy USA posted earnings per share of $1.14 during the same quarter last year, which suggests a negative year over year growth rate of 0.9%. The business is expected to report its next quarterly earnings report after the market closes on Wednesday, January 31st.

According to Zacks, analysts expect that Murphy USA will report full year earnings of $4.35 per share for the current financial year, with EPS estimates ranging from $4.18 to $4.65. For the next year, analysts expect that the company will post earnings of $4.75 per share, with EPS estimates ranging from $4.28 to $5.26. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Murphy USA.

Murphy USA (NYSE:MUSA) last announced its earnings results on Wednesday, November 1st. The specialty retailer reported $1.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.56. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.43 billion. Murphy USA had a return on equity of 24.19% and a net margin of 1.31%. Murphy USA’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $1.16 EPS.

MUSA has been the subject of several analyst reports. BidaskClub raised Murphy USA from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Zacks Investment Research lowered Murphy USA from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. JPMorgan Chase & Co. lowered Murphy USA from a “neutral” rating to an “underweight” rating in a research report on Tuesday, November 7th. ValuEngine raised Murphy USA from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Finally, Wells Fargo & Co lifted their price objective on Murphy USA and gave the stock a “market perform” rating in a research report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Murphy USA presently has a consensus rating of “Hold” and an average target price of $91.67.

Several hedge funds have recently bought and sold shares of MUSA. JPMorgan Chase & Co. raised its position in shares of Murphy USA by 31.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,596,956 shares of the specialty retailer’s stock worth $110,110,000 after acquiring an additional 379,971 shares in the last quarter. Iridian Asset Management LLC CT raised its position in shares of Murphy USA by 6.6% in the 3rd quarter. Iridian Asset Management LLC CT now owns 2,349,242 shares of the specialty retailer’s stock worth $162,098,000 after acquiring an additional 146,269 shares in the last quarter. Prudential Financial Inc. raised its position in shares of Murphy USA by 481.2% in the 3rd quarter. Prudential Financial Inc. now owns 131,593 shares of the specialty retailer’s stock worth $9,080,000 after acquiring an additional 108,950 shares in the last quarter. Becker Capital Management Inc. raised its position in shares of Murphy USA by 23.8% in the 3rd quarter. Becker Capital Management Inc. now owns 263,496 shares of the specialty retailer’s stock worth $18,181,000 after acquiring an additional 50,740 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Murphy USA by 4.7% in the 2nd quarter. Royal Bank of Canada now owns 953,807 shares of the specialty retailer’s stock worth $70,686,000 after acquiring an additional 43,107 shares in the last quarter. 95.34% of the stock is owned by hedge funds and other institutional investors.

Shares of Murphy USA (NYSE MUSA) traded down $0.12 during trading hours on Friday, reaching $86.00. The company had a trading volume of 481,105 shares, compared to its average volume of 283,826. The company has a market cap of $2,990.00, a price-to-earnings ratio of 19.28, a P/E/G ratio of 1.67 and a beta of 0.79. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.77 and a current ratio of 1.18. Murphy USA has a twelve month low of $61.01 and a twelve month high of $87.33.

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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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