Murphy USA (NYSE:MUSA) Issues Earnings Results

Murphy USA (NYSE:MUSA) issued its quarterly earnings results on Wednesday. The specialty retailer reported $6.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.46 by $0.50, Zacks reports. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%.

Murphy USA Trading Up 1.3 %

Shares of Murphy USA stock traded up $6.53 on Wednesday, reaching $516.88. 264,398 shares of the company were exchanged, compared to its average volume of 189,886. Murphy USA has a fifty-two week low of $358.51 and a fifty-two week high of $561.08. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of 21.32 and a beta of 0.79. The company has a current ratio of 0.80, a quick ratio of 0.41 and a debt-to-equity ratio of 2.19. The stock has a fifty day moving average price of $511.33 and a 200-day moving average price of $507.14.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Murphy USA from a “buy” rating to a “hold” rating in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Murphy USA presently has an average rating of “Hold” and a consensus target price of $509.40.

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.