FY2024 EPS Estimates for Murphy USA Cut by Zacks Research

Murphy USA Inc. (NYSE:MUSA) – Stock analysts at Zacks Research dropped their FY2024 earnings estimates for shares of Murphy USA in a research report issued on Tuesday, January 21st. Zacks Research analyst N. Choudhury now anticipates that the specialty retailer will earn $23.50 per share for the year, down from their previous forecast of $23.57. The consensus estimate for Murphy USA’s current full-year earnings is $23.62 per share. Zacks Research also issued estimates for Murphy USA’s Q4 2024 earnings at $6.26 EPS, Q1 2025 earnings at $4.85 EPS, Q2 2025 earnings at $6.84 EPS, Q1 2026 earnings at $8.88 EPS, Q2 2026 earnings at $5.57 EPS, Q3 2026 earnings at $6.88 EPS, Q4 2026 earnings at $6.90 EPS and FY2026 earnings at $28.23 EPS.

Murphy USA (NYSE:MUSA) last posted its quarterly earnings data on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, topping the consensus estimate of $6.64 by $0.56. The firm had revenue of $5.24 billion for the quarter, compared to the consensus estimate of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The business’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $7.69 earnings per share.

Separately, StockNews.com upgraded Murphy USA from a “hold” rating to a “buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $509.40.

Murphy USA Price Performance

NYSE MUSA opened at $481.25 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19. Murphy USA has a 12 month low of $350.55 and a 12 month high of $561.08. The stock has a market cap of $9.75 billion, a price-to-earnings ratio of 19.85 and a beta of 0.80. The company’s 50 day moving average is $518.38 and its two-hundred day moving average is $506.02.

Hedge Funds Weigh In On Murphy USA

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC lifted its position in Murphy USA by 40.4% during the third quarter. V Square Quantitative Management LLC now owns 73 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 21 shares during the last quarter. Fortitude Family Office LLC raised its position in shares of Murphy USA by 186.1% during the 4th quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. R Squared Ltd bought a new position in shares of Murphy USA in the 4th quarter valued at about $55,000. Versant Capital Management Inc lifted its holdings in shares of Murphy USA by 348.4% in the 4th quarter. Versant Capital Management Inc now owns 139 shares of the specialty retailer’s stock valued at $70,000 after acquiring an additional 108 shares during the last quarter. Finally, Key Financial Inc grew its position in Murphy USA by 942.9% in the third quarter. Key Financial Inc now owns 146 shares of the specialty retailer’s stock worth $72,000 after acquiring an additional 132 shares in the last quarter. 80.81% of the stock is owned by institutional investors.

Murphy USA Company Profile

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, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.