Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Murphy USA Inc before investing.

In this article, we go over a few key elements for understanding Murphy USA Inc’s stock price such as:

• Murphy USA Inc’s current stock price and volume
• Why Murphy USA Inc’s stock price changed recently
• Upgrades and downgrades for MUSA from analysts
• MUSA’s stock price momentum as measured by its relative strength

About Murphy USA Inc (MUSA)

Before we jump into Murphy USA Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Murphy USA Inc. is a retailer of gasoline and convenience merchandise with more than 1,700 stores located primarily in the Southwest, Southeast, Midwest and Northeast United States. The Company has one operating segment, which is Marketing. The Marketing segment includes its retail marketing stores and product supply and wholesale assets. The majority of its existing and new-to-industry (NTI) retail gasoline stores operate under the brand names of Murphy USA and Murphy Express. The majority of Murphy USA's stores are located in close proximity to Walmart Supercenters. The Company also markets gasoline and other products at standalone stores under the Murphy Express and QuickChek brands. The Company has a network of retail gasoline and convenience stores in approximately 27 states. In addition, it markets fuel to unbranded wholesale customers through a mixture of Company owned and third-party product distribution terminals and pipeline positions.

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Murphy USA Inc’s Stock Price as of Market Close

As of June 12, 2024, 4:00 PM, CST, Murphy USA Inc’s stock price was $473.97.

Murphy USA Inc is up 5.54% from its previous closing price of $449.09.

During the last market session, Murphy USA Inc’s stock traded between $444.00 and $451.36. Currently, there are 20.81 million shares of Murphy USA Inc stock available for purchase.

Murphy USA Inc’s price-earnings (P/E) ratio is currently at 18.8, which is high compared to the Oil & Gas - Refining and Marketing industry median of 10.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Murphy USA Inc Stock Price History

Murphy USA Inc’s (MUSA) price is currently up 8.03% so far this month.

During the month of June, Murphy USA Inc’s stock price has reached a high of $488.62 and a low of $424.03.

Over the last year, Murphy USA Inc has hit prices as high as $451.60 and as low as $282.49. Year to date, Murphy USA Inc’s stock is up 69.55%.

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What Caused Murphy USA Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 11, 2024, there was 1 analyst who downgraded Murphy USA Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Murphy USA Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Murphy USA Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Murphy USA Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Murphy USA Inc (MUSA) by visiting AAII Stock Evaluator.

Relative Price Strength of Murphy USA Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 11, 2024, Murphy USA Inc has a weighted four-quarter relative price strength of 5.51%, which translates to a Momentum Score of 83 and is considered to be Very Strong.

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Murphy USA Inc Stock Price: Bottom Line

As of June 12, 2024, Murphy USA Inc’s stock price is $473.97, which is up 5.54% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Murphy USA Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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