Murphy USA (NYSE:MUSA – Get Rating) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Friday.
Several other research analysts have also recently weighed in on MUSA. Raymond James boosted their price target on Murphy USA from $315.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, October 28th. The Goldman Sachs Group upped their target price on shares of Murphy USA from $200.00 to $228.00 and gave the company a “sell” rating in a research note on Wednesday, October 19th. Finally, Stephens lifted their price target on shares of Murphy USA from $315.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday, October 28th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $297.00.
Murphy USA Stock Down 0.2 %
NYSE MUSA traded down $0.70 during mid-day trading on Friday, reaching $288.22. The stock had a trading volume of 331,014 shares, compared to its average volume of 316,412. The stock has a market cap of $6.51 billion, a PE ratio of 10.63 and a beta of 0.85. Murphy USA has a 1 year low of $164.30 and a 1 year high of $323.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.01 and a quick ratio of 0.64. The company has a fifty day moving average price of $289.62 and a 200 day moving average price of $273.82.
Institutional Trading of Murphy USA
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. bought a new stake in shares of Murphy USA during the 3rd quarter valued at $27,000. Quadrant Capital Group LLC grew its holdings in Murphy USA by 47.6% during the second quarter. Quadrant Capital Group LLC now owns 121 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 39 shares during the period. Private Trust Co. NA purchased a new stake in Murphy USA in the second quarter worth about $34,000. Ronald Blue Trust Inc. bought a new position in shares of Murphy USA in the second quarter worth about $33,000. Finally, Pinebridge Investments L.P. purchased a new position in shares of Murphy USA during the 2nd quarter valued at about $43,000. 87.52% of the stock is owned by hedge funds and other institutional investors.
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 of December 31, 2021, it operated 1,679 retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.
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