Murphy USA (NYSE:MUSA) Downgraded to Hold Rating by StockNews.com

StockNews.com lowered shares of Murphy USA (NYSE:MUSA) from a buy rating to a hold rating in a report published on Wednesday morning.

Murphy USA Stock Performance

NYSE MUSA opened at $494.24 on Wednesday. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.80 and a quick ratio of 0.41. The company has a market capitalization of $10.01 billion, a P/E ratio of 20.39 and a beta of 0.80. Murphy USA has a 1-year low of $350.55 and a 1-year high of $561.08. The business has a 50 day moving average price of $514.52 and a 200 day moving average price of $506.79.

Murphy USA (NYSE:MUSA) last posted its earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 earnings per share for the quarter, beating the consensus estimate of $6.64 by $0.56. Murphy USA had a net margin of 2.48% and a return on equity of 62.73%. The firm had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the firm posted $7.69 EPS. The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. Sell-side analysts expect that Murphy USA will post 23.6 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC boosted 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 worth $36,000 after acquiring an additional 21 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new stake in shares of Murphy USA during the fourth quarter worth $50,000. Fortitude Family Office LLC grew its position in shares of Murphy USA by 186.1% in the fourth quarter. Fortitude Family Office LLC now owns 103 shares of the specialty retailer’s stock valued at $52,000 after purchasing an additional 67 shares during the period. R Squared Ltd purchased a new position in Murphy USA during the fourth quarter worth about $55,000. Finally, Versant Capital Management Inc increased its stake in shares of Murphy USA by 348.4% during 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. Institutional investors and hedge funds own 80.81% of the company’s stock.

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.