Murphy Oil Corp (NYSE:MUR) shares traded 2.05% up during most recent session to reach at the closing price of $31.83. The stock exchanged hands 2.6 Million shares versus average trading capacity of 1.7 Million shares, yielding a market cap of $5.71 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $37 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Murphy Oil Corp (NYSE:MUR) high price target of $43 and with a conservative view have low price target of $30.
Mizuho “Upgrades” Murphy Oil Corp (NYSE:MUR) in a research note issued to investors on 10/19/18 to Neutral with price target of $0.
Additionally on 10/12/18 Morgan Stanley “Maintained” Murphy Oil Corp (NYSE:MUR) to Underweight setting price target at $30 and on 10/11/18 Credit Suisse “Maintained” the stock to Neutral at $39. Furthermore on 9/28/18 PiperJaffray “Assumes” the stock to Neutral at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 47.77 along with Average True Range (ATR 14) of 1.31, Consequently Murphy Oil Corp (NYSE:MUR)’s weekly and monthly volatility is 3.95%, 4.12% respectively. The company’s beta value is at 2.1.
In terms of Buy, Sell or Hold recommendations, Murphy Oil Corp (NYSE:MUR) has analysts’ mean recommendation of 3.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Murphy Oil Corp (NYSE:MUR)’s minimum EPS for the current quarter is at $0.35 and can go high up to $0.89. The consensus mean EPS for the current quarter is at $0.57 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.08 earnings per share for the same quarter during last year.
Previously Murphy Oil Corp (NYSE:MUR) reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $-0.01. The company posted an earnings surprise of -2.8%.
Murphy Oil Corp (NYSE:MUR)’s revenue estimates for the current quarter are $691.61 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $752.9 Million in contradiction of low revenue estimates of $658 Million. For the current year the company’s revenue estimates are $2.56 Billion compared to low analyst estimates of $2.49 Billion and high estimates of $2.65 Billion according to 7 number of analysts.
Currently Murphy Oil Corp (NYSE:MUR)’s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 88.5%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -8.41%.
Murphy Oil Corp (NYSE:MUR)’s trailing twelve month revenues are $2.24 Billion, whereas its price to sales ratio for the same period is 2.55. Its book value per share for the most recent quarter is $27 while its price to book ratio for the same period is 1.18, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 331.56.