Analysts Issue Forecasts for Murphy USA FY2024 Earnings

Murphy USA Inc. (NYSE:MUSA) – Analysts at Zacks Research reduced their FY2024 EPS estimates for shares of Murphy USA in a research note issued to investors on Tuesday, January 21st. Zacks Research analyst N. Choudhury now anticipates that the specialty retailer will earn $23.50 per share for the year, down from their prior forecast of $23.57. The consensus estimate for Murphy USA’s current full-year earnings is $23.62 per share. Zacks Research also issued estimates for Murphy USA’s Q4 2024 earnings at $6.26 EPS, Q1 2025 earnings at $4.85 EPS, Q2 2025 earnings at $6.84 EPS, Q1 2026 earnings at $8.88 EPS, Q2 2026 earnings at $5.57 EPS, Q3 2026 earnings at $6.88 EPS, Q4 2026 earnings at $6.90 EPS and FY2026 earnings at $28.23 EPS.

Separately, StockNews.com upgraded shares of Murphy USA from a “hold” rating to a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $509.40.

Murphy USA Trading Down 0.1 %

NYSE MUSA opened at $481.78 on Thursday. The company has a market capitalization of $9.76 billion, a price-to-earnings ratio of 19.88 and a beta of 0.80. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.80 and a quick ratio of 0.41. Murphy USA has a 12 month low of $350.55 and a 12 month high of $561.08. The company’s fifty day moving average price is $518.38 and its two-hundred day moving average price is $506.02.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, October 30th. The specialty retailer reported $7.20 EPS for the quarter, beating the consensus estimate of $6.64 by $0.56. The company had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Murphy USA had a return on equity of 62.73% and a net margin of 2.48%. The business’s revenue was down 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $7.69 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Fortune Financial Advisors LLC lifted its holdings in shares of Murphy USA by 276.7% in the 4th quarter. Fortune Financial Advisors LLC now owns 1,567 shares of the specialty retailer’s stock worth $786,000 after purchasing an additional 1,151 shares during the last quarter. R Squared Ltd bought a new stake in Murphy USA in the fourth quarter valued at $55,000. Nilsine Partners LLC lifted its stake in Murphy USA by 3.0% in the fourth quarter. Nilsine Partners LLC now owns 9,560 shares of the specialty retailer’s stock valued at $4,797,000 after buying an additional 278 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Murphy USA by 13.4% during the fourth quarter. Pacer Advisors Inc. now owns 3,894 shares of the specialty retailer’s stock valued at $1,954,000 after acquiring an additional 461 shares during the period. Finally, KBC Group NV grew its position in shares of Murphy USA by 57.8% during the fourth quarter. KBC Group NV now owns 751 shares of the specialty retailer’s stock worth $377,000 after acquiring an additional 275 shares during the last quarter. 80.81% of the stock is owned by institutional investors and hedge funds.

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.