Murphy USA (NYSE:MUSA) Posts Earnings Results, Misses Estimates By $0.15 EPS

Murphy USA (NYSE:MUSA) announced its quarterly earnings data on Wednesday. The specialty retailer reported $1.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.15), Briefing.com reports. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $3.56 billion. Murphy USA had a net margin of 1.26% and a return on equity of 23.79%. The company’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.58 earnings per share.

MUSA stock traded down $0.03 during midday trading on Friday, hitting $85.28. The company’s stock had a trading volume of 509,900 shares, compared to its average volume of 336,343. Murphy USA has a 12 month low of $69.98 and a 12 month high of $89.38. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.15 and a quick ratio of 0.81. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 15.76, a price-to-earnings-growth ratio of 6.85 and a beta of 0.74. The business has a 50 day moving average price of $85.22.

A number of brokerages recently issued reports on MUSA. Zacks Investment Research upgraded Murphy USA from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research note on Monday, July 8th. TheStreet upgraded Murphy USA from a “c+” rating to a “b+” rating in a research note on Wednesday. Finally, ValuEngine downgraded Murphy USA from a “buy” rating to a “hold” rating in a research note on Thursday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Murphy USA presently has an average rating of “Hold” and an average price target of $84.00.

In other Murphy USA news, Director Claiborne P. Deming sold 13,330 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $84.08, for a total value of $1,120,786.40. Following the completion of the transaction, the director now directly owns 250,286 shares in the company, valued at approximately $21,044,046.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP John A. Moore sold 1,084 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $86.09, for a total value of $93,321.56. Following the sale, the senior vice president now directly owns 28,367 shares in the company, valued at $2,442,115.03. The disclosure for this sale can be found here. Corporate insiders own 6.52% of the company’s stock.

About Murphy USA

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.

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Earnings History for Murphy USA (NYSE:MUSA)

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