A share price of Murphy Oil Corp [MUR] is currently trading at $30.85, down -0.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MUR shares have gain 7.60% over the last week, with a monthly amount drifted -4.55%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Murphy Oil Corp [NYSE: MUR] stock has seen the most recent analyst activity on August 15, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $47 from $50. On April 11, 2024, downgrade downgraded it’s rating to Sector Perform. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $54 on April 10, 2024. ROTH MKM reiterated its recommendation of a Buy. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on July 11, 2023, and assigned it a price target of $47. In a note dated April 19, 2023, UBS initiated an Neutral rating and provided a target price of $45 on this stock.
Murphy Oil Corp experienced fluctuations in its stock price throughout the past year between $27.75 and $49.14. Currently, Wall Street analysts expect the stock to reach $47.6 within the next 12 months. Murphy Oil Corp [NYSE: MUR] shares were valued at $30.85 at the most recent close of the market. An investor can expect a potential return of 54.29% based on the average MUR price forecast.
Analyzing the MUR fundamentals
Trailing Twelve Months sales for Murphy Oil Corp [NYSE:MUR] were 3.19B which represents -21.03% decline. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.58 points at the first support level, and at 30.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.12, and for the 2nd resistance point, it is at 31.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Murphy Oil Corp [NYSE:MUR] is 0.71. As well, the Quick Ratio is 0.65, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 0.86 and price to earnings (TTM) ratio is 9.97.
Transactions by insiders
Recent insider trading involved Martinez Maria A, Vice President, that happened on Mar 14 ’24 when 10000.0 shares were sold. Vice President, GARDNER JOHN B completed a deal on Mar 07 ’24 to sell 40000.0 shares. Meanwhile, Vice President & Controller Vaughan Paul D. sold 6000.0 shares on Mar 06 ’24.
