Key Points
- Murphy USA SVP Scott Woodward sold 137 shares on March 5 at an average price of $422.44 for a total of $57,874.28, a transaction disclosed in an SEC Form 4 filing.
- The company reported quarterly EPS of $7.53, beating the $6.67 consensus, while revenue missed at $4.74 billion versus $4.88 billion; net margin was 2.43% and return on equity 75.75%.
- Murphy USA has a market cap of $8.1 billion and a P/E of 18.01, pays a $0.63 quarterly dividend (annualized $2.52, yield ~0.6%), and carries an average analyst rating of "Hold" with a $457.50 average target and roughly 80.8% institutional ownership.
Murphy USA Inc. (NYSE:MUSA - Get Free Report) SVP Scott Woodward sold 137 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $422.44, for a total transaction of $57,874.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Murphy USA Price Performance
MUSA stock opened at $437.40 on Tuesday. The company's 50-day moving average price is $413.14 and its two-hundred day moving average price is $394.04. The firm has a market cap of $8.10 billion, a P/E ratio of 18.01, a P/E/G ratio of 3.08 and a beta of 0.40. The company has a quick ratio of 0.36, a current ratio of 0.80 and a debt-to-equity ratio of 3.47. Murphy USA Inc. has a 12 month low of $345.23 and a 12 month high of $523.09.
Murphy USA (NYSE:MUSA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The specialty retailer reported $7.53 earnings per share for the quarter, topping analysts' consensus estimates of $6.67 by $0.86. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.88 billion. Murphy USA had a net margin of 2.43% and a return on equity of 75.75%. The firm's quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $6.96 EPS. On average, analysts anticipate that Murphy USA Inc. will post 26.45 earnings per share for the current fiscal year.
Murphy USA Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, February 23rd were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, February 23rd. Murphy USA's dividend payout ratio (DPR) is currently 10.38%.
Analyst Ratings Changes
Several analysts recently weighed in on MUSA shares. Bank of America started coverage on Murphy USA in a research report on Friday, January 9th. They set an "underperform" rating for the company. Weiss Ratings reiterated a "hold (c)" rating on shares of Murphy USA in a research report on Monday, December 29th. Royal Bank Of Canada dropped their target price on shares of Murphy USA from $467.00 to $445.00 and set a "sector perform" rating for the company in a report on Thursday, February 5th. Stephens reduced their price target on shares of Murphy USA from $475.00 to $450.00 and set an "overweight" rating on the stock in a research note on Friday, February 6th. Finally, Wells Fargo & Company reduced their price target on shares of Murphy USA from $410.00 to $400.00 and set an "equal weight" rating on the stock in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Murphy USA currently has an average rating of "Hold" and an average target price of $457.50.
Get Our Latest Analysis on MUSA
Institutional Investors Weigh In On Murphy USA
Several hedge funds have recently modified their holdings of the company. AQR Capital Management LLC grew its position in Murphy USA by 149.9% during the 4th quarter. AQR Capital Management LLC now owns 507,418 shares of the specialty retailer's stock worth $204,753,000 after acquiring an additional 304,354 shares during the last quarter. River Road Asset Management LLC increased its holdings in Murphy USA by 1.6% in the fourth quarter. River Road Asset Management LLC now owns 506,214 shares of the specialty retailer's stock valued at $204,267,000 after purchasing an additional 7,973 shares during the period. Geode Capital Management LLC lifted its holdings in Murphy USA by 0.8% during the 2nd quarter. Geode Capital Management LLC now owns 446,654 shares of the specialty retailer's stock worth $181,732,000 after buying an additional 3,447 shares during the period. Barclays PLC grew its position in shares of Murphy USA by 318.6% in the 3rd quarter. Barclays PLC now owns 424,818 shares of the specialty retailer's stock valued at $164,940,000 after buying an additional 323,331 shares during the last quarter. Finally, Morgan Stanley grew its position in shares of Murphy USA by 45.6% in the 4th quarter. Morgan Stanley now owns 318,473 shares of the specialty retailer's stock valued at $128,511,000 after buying an additional 99,798 shares during the last quarter. Institutional investors and hedge funds own 80.81% of the company's stock.
Murphy USA Company Profile
(
Get Free Report)
Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.
The company's primary operations center on two retail formats.
Further Reading
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