Murphy USA Receives a Buy from Jefferies

By Ryan Adsit

Jefferies analyst Christopher Mandeville reiterated a Buy rating on Murphy USA (NYSE: MUSA) today and set a price target of $85. The company’s shares closed yesterday at $65.44.

Mandeville noted:

“Though 3Q EPS disappointed (largely on PS&W) and 4Q sets up no better given a 2nd set of transitory issues, fundamentals remain strong and key tenants to our Buy rating (merch. GM% outperformance, strong opex/store control, a 5% FCF yield next yr., BS optionality, strong ROIC) remain intact.”

According to, Mandeville is a 2-star analyst with an average return of -1.4% and a 22.2% success rate. Mandeville covers the Services sector, focusing on stocks such as Core-Mark Holding Company, United Natural Foods, and Vitamin Shoppe Inc.

Murphy USA has an analyst consensus of Moderate Buy.

The company has a one year high of $80.44 and a one year low of $51.68. Currently, Murphy USA has an average volume of 293.1K.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MUSA in relation to earlier this year.

Murphy USA, Inc. engages in the marketing and distribution of retail motor fuel and gasoline products and convenience merchandise through a chain of retail stations across Southern and Midwestern United States. The company also owns and operates real estate properties across the United States. Its products include ethanol, diesel, ultra-low-suffer diesel, biodiesel, winterized diesel and kerosene. Murphy USA was founded on March 1, 2013 and is headquartered in El Dorado, AR.