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

Murphy USA (NYSE:MUSA) announced its quarterly earnings results on Wednesday. The specialty retailer reported $6.96 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 Stock Performance

NYSE:MUSA traded down $16.09 during trading hours on Thursday, reaching $499.86. The company had a trading volume of 39,586 shares, compared to its average volume of 182,785. Murphy USA has a 1-year low of $361.74 and a 1-year high of $561.08. The firm has a market cap of $10.12 billion, a PE ratio of 20.46 and a beta of 0.79. The business’s 50 day moving average price is $510.59 and its 200-day moving average price is $507.21. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.80 and a quick ratio of 0.41.

Analysts Set New Price Targets

Separately, StockNews.com lowered Murphy USA from a “buy” rating to a “hold” rating in a research note 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 assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $509.40.

About Murphy USA

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.