Alert: New Earnings Report (5/1/24)-Murphy USA Inc (NYSE: MUSA).

out_logo_500#71036.jpg

Murphy USA Inc (NYSE: MUSA) has reported E.P.S. of $3.17 for its first fiscal quarter (ending March 31) versus $4.89 for the same period a year ago — a decline of -35%. This result fell short of the consensus estimate of $5.98 by $-2.81. For the latest four quarters through March 31, E.P.S. were $24.24 compared to $27.31 a year ago — a decline of -11%.

Recent Price Action

out_mm#71036.jpg
Murphy USA Inc (NYSE: MUSA) stock closed at $411.80 on 5/1/24 after a slight decline of -0.5%. Moreover, exceptionally high trading volume at 224% of normal accompanied the decline. The stock has declined -1.2% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

MUSA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Murphy USA has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Murphy USA has a slightly positive Appreciation Score of 66 and a good Power Rating of 82, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*