Murphy USA (NYSE:MUSA) Posts Quarterly Earnings Results, Beats Estimates By $0.50 EPS

Murphy USA (NYSE:MUSA) announced its quarterly earnings data on Wednesday. The specialty retailer reported $6.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Stock Up 1.3 %

Murphy USA stock traded up $6.53 during mid-day trading on Wednesday, reaching $516.88. The stock had a trading volume of 264,398 shares, compared to its average volume of 189,886. The firm has a market capitalization of $10.47 billion, a PE ratio of 21.32 and a beta of 0.79. Murphy USA has a fifty-two week low of $358.51 and a fifty-two week high of $561.08. The stock’s 50-day simple moving average is $511.33 and its 200-day simple moving average is $507.14. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.41 and a current ratio of 0.80.

Analyst Upgrades and Downgrades

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