Murphy Oil Corp [NYSE: MUR] closed the trading session at $27.47.
The stocks have a year to date performance of -9.22 percent and weekly performance of -9.64 percent. The stock has been moved at -32.19 percent over the last six months. The stock has performed -4.15 percent around the most recent 30 days and changed -13.78 percent over the most recent 3-months.
If compared to the average trading volume of 1.79M shares, MUR reached to a volume of 5318563 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Murphy Oil Corp [MUR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MUR shares is $40.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MUR stock is a recommendation set at 2.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Murphy Oil Corp shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on January 22, 2025. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $50 to $47. The new note on the price target was released on August 15, 2024, representing the official price target for Murphy Oil Corp stock.
The Average True Range (ATR) for Murphy Oil Corp is set at 1.04, with the Price to Sales ratio for MUR stock in the period of the last 12 months amounting to 1.26. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 1.86. Price to Free Cash Flow for MUR in the course of the last twelve months was 4.31 with Quick ratio for the last quarter at 0.65.
MUR stock trade performance evaluation
Murphy Oil Corp [MUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.64. With this latest performance, MUR shares dropped by -4.15% in over the last four-week period, additionally sinking by -32.19% over the last 6 months – not to mention a drop of -29.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MUR stock in for the last two-week period is set at 27.17, with the RSI for the last a single of trading hit 18.32, and the three-weeks RSI is set at 32.39 for Murphy Oil Corp [MUR]. The present Moving Average for the last 50 days of trading for this stock 31.02, while it was recorded at 29.03 for the last single week of trading, and 36.68 for the last 200 days.
Murphy Oil Corp [MUR]: An insightful look at the core fundamentals
Murphy Oil Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.65 and a Current Ratio set at 0.71.
Earnings per share (EPS) analysis for Murphy Oil Corp [MUR] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MUR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Murphy Oil Corp go to 10.20%.
Murphy Oil Corp [MUR]: Institutional Ownership
There are presently around $85.53%, or 91.31%% of MUR stock, in the hands of institutional investors. The top three institutional holders of MUR stocks are: BLACKROCK INC. with ownership of 21.29 million shares, which is approximately 13.948%. VANGUARD GROUP INC, holding 17.28 million shares of the stock with an approximate value of $$712.79 million in MUR stocks shares; and VANGUARD GROUP INC, currently with $$340.4 million in MUR stock with ownership which is approximately 5.4067%.
