Murphy USA Inc. (NYSE:MUSA) registered a 5.54% increase, still its new closing price is 22.88% up from the company’s 1 year high of 80.44.It posted 4.22% gains in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 7 stock analysts following this company have an average price target at $77.00, with individual PT in the $70.00-$85.00 range. The shares moved at $66.70, implying that brokerage firms see shares gaining about 13.76% in twelve months time.
Murphy USA Inc. (MUSA) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 8.51% rise year to date. A Director at Murphy USA Inc. (MUSA) acquired shares in a transaction closed on Tuesday August 09, 2016. MURPHY ROBERT MADISON bought 6,037 shares in the company at $48.68 each and collected $293,001 in proceeds. MURPHY ROBERT MADISON now owns 650,440 shares in the company after this transaction. A SVP in the company, MOORE JOHN A, disclosed a transaction on Monday August 08, 2016 that ended up generating $412,001 from the sale of 5,290 shares at $78.05 per share.
Murphy USA Inc. (NYSE:MUSA) Upcoming Results on Tap
Murphy USA Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.67 in that period. Sales during the quarter are predicted to arrive at $3.16 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.06 billion in revenue and EPS of $1.14. The mean forecast was for $3.07 billion and $1.02 a share, respectively. One quarter earlier, revenue for the stock was at $3.04 billion, with earnings at $1.16/share.
Murphy USA Inc. (MUSA) Brokerage Update
Murphy USA Inc. (MUSA) is in JP Morgan’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Overweight by JP Morgan, according to news reported on Monday August 01, 2016.Another important research note was issued by Wells Fargo on Monday October 26, 2015.The firm upgraded MUSA to Outperform from Market Perform. Over the last six months and over the last three months, the shares of Murphy USA Inc. (MUSA), have changed -10.81% and -0.52%, respectively.