Murphy USA Inc (NYSE:MUSA) Given Average Recommendation of “Hold” by Brokerages

Murphy USA Inc (NYSE:MUSA) has been given an average rating of “Hold” by the six analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $92.67.

MUSA has been the topic of a number of recent research reports. Wells Fargo & Co raised their price objective on shares of Murphy USA from $80.00 to $87.00 and gave the company a “market perform” rating in a research note on Wednesday, October 23rd. Stephens raised shares of Murphy USA from an “equal” rating to an “overweight” rating and raised their price objective for the company from $92.00 to $100.00 in a research note on Tuesday, October 15th. TheStreet raised shares of Murphy USA from a “c+” rating to a “b+” rating in a research note on Wednesday, July 31st. Finally, ValuEngine cut shares of Murphy USA from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th.

Shares of MUSA stock opened at $115.66 on Friday. Murphy USA has a 52-week low of $69.98 and a 52-week high of $121.12. The stock has a market cap of $3.68 billion, a PE ratio of 21.38, a PEG ratio of 6.72 and a beta of 0.74. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.83 and a current ratio of 1.29. The firm’s 50 day moving average price is $93.07 and its two-hundred day moving average price is $87.73.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Murphy USA by 0.5% during the second quarter. Vanguard Group Inc. now owns 2,964,693 shares of the specialty retailer’s stock worth $249,122,000 after purchasing an additional 14,864 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Murphy USA by 14.5% during the second quarter. AQR Capital Management LLC now owns 734,277 shares of the specialty retailer’s stock worth $61,701,000 after purchasing an additional 93,089 shares in the last quarter. Northern Trust Corp boosted its position in shares of Murphy USA by 1.2% during the second quarter. Northern Trust Corp now owns 483,763 shares of the specialty retailer’s stock worth $40,650,000 after purchasing an additional 5,865 shares in the last quarter. River Road Asset Management LLC boosted its position in shares of Murphy USA by 8.1% during the third quarter. River Road Asset Management LLC now owns 432,374 shares of the specialty retailer’s stock worth $36,882,000 after purchasing an additional 32,359 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Murphy USA by 5.4% during the second quarter. Bank of New York Mellon Corp now owns 415,672 shares of the specialty retailer’s stock worth $34,929,000 after purchasing an additional 21,202 shares in the last quarter. 85.23% of the stock is currently owned by institutional investors.

Murphy USA Company Profile

Murphy USA Inc operates a chain of retail stores in the United States. The company's retail stores offer motor fuel products and convenience merchandise. It operates retail stores under the Murphy USA and Murphy Express brand names. As of December 31, 2018, the company operated approximately 1,474 retail stores, including 1,160 Murphy USA and 312 are standalone Murphy Express stores located primarily in the Southwest, Southeast, and Midwest United States.

See Also: Exchange-Traded Funds (ETFs)

Receive News & Ratings for Murphy USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murphy USA and related companies with MarketBeat.com's FREE daily email newsletter.