Zacks Research Analysts Increase Earnings Estimates for Murphy USA Inc. (NYSE:MUSA)

Murphy USA Inc. (NYSE:MUSAFree Report) – Stock analysts at Zacks Research upped their Q4 2023 earnings estimates for shares of Murphy USA in a research report issued to clients and investors on Monday, January 29th. Zacks Research analyst N. Choudhury now forecasts that the specialty retailer will earn $5.19 per share for the quarter, up from their previous estimate of $4.51. The consensus estimate for Murphy USA’s current full-year earnings is $24.63 per share. Zacks Research also issued estimates for Murphy USA’s Q3 2025 earnings at $3.08 EPS, Q4 2025 earnings at $5.42 EPS and FY2025 earnings at $23.15 EPS.

Murphy USA (NYSE:MUSAGet Free Report) last announced its quarterly earnings data on Wednesday, November 1st. The specialty retailer reported $7.69 EPS for the quarter, topping analysts’ consensus estimates of $6.08 by $1.61. Murphy USA had a return on equity of 71.06% and a net margin of 2.40%. The firm had revenue of $5.80 billion for the quarter, compared to the consensus estimate of $5.83 billion. During the same quarter last year, the business posted $9.28 earnings per share. The firm’s revenue was down 6.4% compared to the same quarter last year.

MUSA has been the subject of several other research reports. The Goldman Sachs Group raised their target price on Murphy USA from $252.00 to $280.00 and gave the stock a “sell” rating in a research note on Thursday, October 26th. Stephens reissued an “overweight” rating and set a $410.00 price objective on shares of Murphy USA in a research report on Thursday, November 2nd. Jefferies Financial Group raised shares of Murphy USA from a “hold” rating to a “buy” rating and upped their target price for the company from $375.00 to $425.00 in a research report on Thursday, January 4th. Finally, StockNews.com started coverage on shares of Murphy USA in a research note on Thursday, October 5th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to MarketBeat, Murphy USA presently has a consensus rating of “Moderate Buy” and a consensus target price of $360.83.

Read Our Latest Stock Analysis on MUSA

Murphy USA Stock Up 0.7 %

NYSE MUSA opened at $356.42 on Wednesday. The business’s fifty day simple moving average is $364.57 and its 200-day simple moving average is $346.62. The company has a quick ratio of 0.61, a current ratio of 1.02 and a debt-to-equity ratio of 2.12. The firm has a market cap of $7.58 billion, a PE ratio of 15.03 and a beta of 0.70. Murphy USA has a 52 week low of $231.65 and a 52 week high of $384.25.

Institutional Trading of Murphy USA

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Murphy USA by 23.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,221 shares of the specialty retailer’s stock valued at $1,505,000 after acquiring an additional 806 shares during the last quarter. Strs Ohio acquired a new stake in Murphy USA during the fourth quarter worth approximately $1,629,000. Triasima Portfolio Management inc. raised its holdings in Murphy USA by 146.7% during the fourth quarter. Triasima Portfolio Management inc. now owns 5,070 shares of the specialty retailer’s stock worth $1,808,000 after purchasing an additional 3,015 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in shares of Murphy USA during the 4th quarter worth approximately $1,925,000. Finally, Mutual of America Capital Management LLC boosted its holdings in shares of Murphy USA by 15.1% in the 4th quarter. Mutual of America Capital Management LLC now owns 18,801 shares of the specialty retailer’s stock valued at $6,704,000 after buying an additional 2,471 shares in the last quarter. 83.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Murphy USA news, SVP Jennifer Bridges sold 2,268 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $365.41, for a total value of $828,749.88. Following the completion of the transaction, the senior vice president now owns 2,850 shares of the company’s stock, valued at approximately $1,041,418.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Robert Madison Murphy sold 30,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $366.69, for a total value of $11,000,700.00. Following the sale, the director now directly owns 412,077 shares in the company, valued at approximately $151,104,515.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jennifer Bridges sold 2,268 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $365.41, for a total transaction of $828,749.88. Following the transaction, the senior vice president now owns 2,850 shares of the company’s stock, valued at approximately $1,041,418.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 39,474 shares of company stock valued at $14,477,727. 9.47% of the stock is currently owned by company insiders.

About Murphy USA

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Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States. The company was founded in 1996 and is headquartered in El Dorado, Arkansas.

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Earnings History and Estimates for Murphy USA (NYSE:MUSA)

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