Gabelli lowered shares of Murphy USA (NYSE:MUSA) from a buy rating to a hold rating in a research note published on Thursday morning, Marketbeat Ratings reports. The firm currently has $92.00 target price on the specialty retailer’s stock.

Several other research analysts have also weighed in on MUSA. BidaskClub upgraded shares of Murphy USA from a sell rating to a hold rating in a research note on Tuesday, September 26th. Jefferies Group reiterated a buy rating and issued a $98.00 price objective on shares of Murphy USA in a research note on Monday, January 8th. Wells Fargo & Co upped their price objective on shares of Murphy USA and gave the company a market perform rating in a research note on Thursday, January 4th. JPMorgan Chase & Co. lowered shares of Murphy USA from a neutral rating to an underweight rating in a research note on Tuesday, November 7th. Finally, ValuEngine lowered shares of Murphy USA from a buy rating to a hold rating in a research note on Saturday, November 25th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. Murphy USA has an average rating of Hold and an average target price of $91.00.

Murphy USA (MUSA) traded up $0.67 during trading on Thursday, reaching $86.09. 233,500 shares of the company’s stock traded hands, compared to its average volume of 299,011. The firm has a market cap of $2,995.60, a price-to-earnings ratio of 19.26, a PEG ratio of 1.67 and a beta of 0.76. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 1.30. Murphy USA has a 1 year low of $61.01 and a 1 year high of $86.85.

Murphy USA (NYSE:MUSA) last released its quarterly earnings data on Wednesday, November 1st. The specialty retailer reported $1.90 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.34 by $0.56. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.43 billion. Murphy USA had a net margin of 1.31% and a return on equity of 24.19%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.16 EPS. research analysts expect that Murphy USA will post 4.35 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada grew its position in Murphy USA by 4.7% in the second quarter. Royal Bank of Canada now owns 953,807 shares of the specialty retailer’s stock worth $70,686,000 after acquiring an additional 43,107 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in Murphy USA by 8.6% in the third quarter. Schwab Charles Investment Management Inc. now owns 179,395 shares of the specialty retailer’s stock worth $12,379,000 after acquiring an additional 14,229 shares in the last quarter. Quantitative Systematic Strategies LLC grew its position in Murphy USA by 465.5% in the third quarter. Quantitative Systematic Strategies LLC now owns 25,634 shares of the specialty retailer’s stock worth $1,769,000 after acquiring an additional 21,101 shares in the last quarter. JPMorgan Chase & Co. grew its position in Murphy USA by 31.2% in the third quarter. JPMorgan Chase & Co. now owns 1,596,956 shares of the specialty retailer’s stock worth $110,110,000 after acquiring an additional 379,971 shares in the last quarter. Finally, Citigroup Inc. grew its position in Murphy USA by 514.2% in the second quarter. Citigroup Inc. now owns 6,130 shares of the specialty retailer’s stock worth $454,000 after acquiring an additional 5,132 shares in the last quarter. 95.34% of the stock is owned by institutional investors.

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About Murphy USA

Murphy USA Inc is engaged in the marketing of retail motor fuel products and merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. As of December 31, 2016, its retail stores were located in 26 states, primarily in the Southwest, Southeast and Midwest the United States.

Analyst Recommendations for Murphy USA (NYSE:MUSA)

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