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Earnings
Murphy USA reports Q1 EPS $2.01, consensus $1.47 » 16:48
04/28/21
04/28
16:48
04/28/21
16:48
MUSA

Murphy USA

$142.31 /

-0.355 (-0.25%)

Reports Q1 revenue…

Reports Q1 revenue $3.54B, consensus $3.4B. Total retail gallons decreased 4.2% in Q1 compared to Q1 2020, while volumes on a same store sales basis decreased 10.1%. "The new year started off with tremendous momentum as first quarter results underscore the strength of our core business alongside the realities of our industry post-COVID 19," said president and CEO Andrew Clyde. "Fuel margins showed remarkable resilience as product prices rose approximately 55 cents during the quarter and continued to demonstrate the higher breakeven economics of independent retailers. As we lap the initial impact of COVID-19, we are maintaining market share in critical categories like fuel and tobacco while generating higher growth from the core non-tobacco business. During the quarter we also kicked off our 100-day integration plan with QuickChek and continue to be impressed by both the operational expertise of the QuickChek team and the full opportunity set for synergy capture. We remain fully confident in our ability to achieve previously stated goals and deliver future earnings growth in line with our long-term value creation potential."

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MUSA Murphy USA
$142.31 /

-0.355 (-0.25%)

MUSA Murphy USA
$142.31 /

-0.355 (-0.25%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$142.31 /

-0.355 (-0.25%)

MUSA Murphy USA
$142.31 /

-0.355 (-0.25%)

Over a month ago
Conference/Events
Murphy USA participates in a conference call with Stephens » 13:25
04/12/21
04/12
13:25
04/12/21
13:25
MUSA

Murphy USA

$143.14 /

-0.84 (-0.58%)

Food/Agribusiness Analyst…

Food/Agribusiness Analyst Bienvenu holds a conference call with CEO Clyde on April 12 at 2 pm hosted by Stephens.

ShowHide Related Items >><<
MUSA Murphy USA
$143.14 /

-0.84 (-0.58%)

MUSA Murphy USA
$143.14 /

-0.84 (-0.58%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$143.14 /

-0.84 (-0.58%)

MUSA Murphy USA
$143.14 /

-0.84 (-0.58%)

Conference/Events
Murphy USA participates in a conference call with Stephens » 04:55
04/12/21
04/12
04:55
04/12/21
04:55
MUSA

Murphy USA

$143.79 /

+0.54 (+0.38%)

Food/Agribusiness Analyst…

Food/Agribusiness Analyst Bienvenu holds a conference call with CEO Clyde on April 12 at 2 pm hosted by Stephens.

ShowHide Related Items >><<
MUSA Murphy USA
$143.79 /

+0.54 (+0.38%)

MUSA Murphy USA
$143.79 /

+0.54 (+0.38%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$143.79 /

+0.54 (+0.38%)

MUSA Murphy USA
$143.79 /

+0.54 (+0.38%)

Conference/Events
Murphy USA participates in a conference call with Stephens » 13:43
04/05/21
04/05
13:43
04/05/21
13:43
MUSA

Murphy USA

$142.88 /

-2.81 (-1.93%)

Food/Agribusiness Analyst…

Food/Agribusiness Analyst Bienvenu holds a conference call with CEO Clyde on April 12 at 2 pm hosted by Stephens.

ShowHide Related Items >><<
MUSA Murphy USA
$142.88 /

-2.81 (-1.93%)

MUSA Murphy USA
$142.88 /

-2.81 (-1.93%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$142.88 /

-2.81 (-1.93%)

MUSA Murphy USA
$142.88 /

-2.81 (-1.93%)

Over a quarter ago
Earnings
Murphy USA reports Q4 EPS $2.16, consensus $2.17 » 16:31
02/03/21
02/03
16:31
02/03/21
16:31
MUSA

Murphy USA

$129.03 /

+0.74 (+0.58%)

Reports Q4 revenue…

Reports Q4 revenue $2.86B, consensus $2.97B. "After an unprecedented year that showcased both the agility and resiliency of our business, we are excited to turn the page and continue executing against our strategic agenda in 2021," said President and CEO Andrew Clyde. "The momentum of our existing network, complemented by the new and distinctive capabilities of QuickChek, highlight the potential of the combined business as we take the next steps to create long-term value for shareholders."

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MUSA Murphy USA
$129.03 /

+0.74 (+0.58%)

MUSA Murphy USA
$129.03 /

+0.74 (+0.58%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$129.03 /

+0.74 (+0.58%)

MUSA Murphy USA
$129.03 /

+0.74 (+0.58%)

Hot Stocks
Murphy USA and Core-Mark renew strategic supply agreement » 16:43
01/28/21
01/28
16:43
01/28/21
16:43
MUSA

Murphy USA

$125.66 /

-1.735 (-1.36%)

, CORE

Core-Mark

$32.02 /

-1.51 (-4.50%)

Murphy USA (MUSA) and…

Murphy USA (MUSA) and Core-Mark Holding (CORE) announced that they have entered into a new five year supply agreement whereby Core-Mark will continue to serve as the primary wholesale distributor to Murphy USA, delivering over 75% of the merchandise sold in their stores. "We are confident the Core-Mark team will continue to be an excellent strategic partner for Murphy USA, and we look forward to working together to achieve our mutual goals of profitable growth, efficient operations and superior execution for our stores and our customers," said Andrew Clyde, President and Chief Executive Officer of Murphy USA.

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MUSA Murphy USA
$125.66 /

-1.735 (-1.36%)

CORE Core-Mark
$32.02 /

-1.51 (-4.50%)

MUSA Murphy USA
$125.66 /

-1.735 (-1.36%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
CORE Core-Mark
$32.02 /

-1.51 (-4.50%)

01/26/21 BMO Capital
Core-Mark upgraded to Outperform from Market Perform at BMO Capital
11/20/20 Jefferies
Core-Mark assumed with a Hold from Buy at Jefferies
02/11/20
Fly Intel: Top five analyst upgrades
02/11/20 Jefferies
Jefferies upgrades Core-Mark to Buy after 30% pullback since earnings
MUSA Murphy USA
$125.66 /

-1.735 (-1.36%)

CORE Core-Mark
$32.02 /

-1.51 (-4.50%)

MUSA Murphy USA
$125.66 /

-1.735 (-1.36%)

Earnings
Murphy USA reports preliminary 2020 EPS $13.08, consensus $13.18 » 07:04
01/20/21
01/20
07:04
01/20/21
07:04
MUSA

Murphy USA

$124.84 /

+0.37 (+0.30%)

"As we exit 2020, we…

"As we exit 2020, we are excited to embark upon a new chapter in our value creation strategy as outlined in our October 2020 Capital Allocation update, which included a higher rate of planned organic growth, continuing to return capital through share repurchases, a newly announced $0.25 per share quarterly dividend, and the potential for select M&A activity, including to accelerate development of food and beverage capabilities," said President and CEO Andrew Clyde. "In December 2020, we took an important first step in executing the M&A element of our strategy, announcing the planned acquisition of QuickChek, and its distinctive brand and customer value proposition, for $645 million. The acquisition will transform existing organic growth plans in attractive markets and accelerate and de-risk the roll-out of Food and Beverage platforms across the network. We plan to update the market with our combined performance expectations for the two firms when we provide 2021 guidance, which we expect to announce in conjunction with our fourth quarter and full-year earnings release on February 3, 2021."

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MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

Earnings
Murphy USA reports preliminary Q4 EPS $2.16, consensus $1.94 » 07:03
01/20/21
01/20
07:03
01/20/21
07:03
MUSA

Murphy USA

$124.84 /

+0.37 (+0.30%)

Net income for the fourth…

Net income for the fourth quarter of 2020 is expected to be approximately $61M driven primarily by robust total fuel contribution of 19.8 cpg and other factors such as continued strength in merchandise margin contribution trends. Adjusted EBITDA for the quarter is expected to be $136.3M and lead to overall full year Adjusted EBITDA of $722.7M. As previously announced, the Company opened its 1,500th store in December and ended the year with 1,503 stores.

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MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

01/04/21 Stephens
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens
12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

MUSA Murphy USA
$124.84 /

+0.37 (+0.30%)

Recommendations
Brinker, LiveRamp and Vonage among 2021 best ideas at Stephens » 07:15
01/04/21
01/04
07:15
01/04/21
07:15
ODFL

Old Dominion

$195.58 /

+1.65 (+0.85%)

, MUSA

Murphy USA

$130.90 /

+0.1 (+0.08%)

, SBNY

Signature Bank

$135.36 /

+1.13 (+0.84%)

, LPRO

Open Lending

$34.95 /

+1.35 (+4.02%)

, CNNE

Cannae Holdings

$44.34 /

+0.25 (+0.57%)

, UFS

Domtar

$31.66 /

+0.16 (+0.51%)

, VCEL

Vericel

$30.90 /

-0.55 (-1.75%)

, RAMP

LiveRamp

$73.17 /

-0.515 (-0.70%)

, ENSG

Ensign Group

$73.08 /

+0.205 (+0.28%)

, BLDR

Builders FirstSource

$40.82 /

-1.47 (-3.48%)

, FISV

Fiserv

$113.92 /

+1.04 (+0.92%)

, LKQ

LKQ Corp.

$35.24 /

-0.11 (-0.31%)

, CTLT

Catalent

$104.05 /

+0.75 (+0.73%)

, DSGX

Descartes Systems

$58.52 /

+0.3 (+0.52%)

, VG

Vonage

$12.88 /

-0.13 (-1.00%)

, USB

U.S. Bancorp

$46.59 /

+0.45 (+0.98%)

, ZBRA

Zebra Technologies

$383.66 /

-0.56 (-0.15%)

, LAD

Lithia Motors

$293.20 /

-0.43 (-0.15%)

, PXD

Pioneer Natural

$113.91 /

-0.625 (-0.55%)

, TSC

TriState Capital

$17.48 /

+0.21 (+1.22%)

, ABCB

Ameris Bancorp

$38.07 /

+0.07 (+0.18%)

, EAT

Brinker

$56.58 /

+1.29 (+2.33%)

, PHR

Phreesia

$54.37 /

-0.44 (-0.80%)

, WAL

Western Alliance

$59.97 /

-0.11 (-0.18%)

The analyst team at…

The analyst team at Stephens introduced their Best Ideas list for 2021, which they said includes the stocks with the best fundamental investment characteristics as selected by individual analysts from their covered companies. The list features Old Dominion (ODFL), Murphy USA (MUSA), Signature Bank (SBNY), Open Lending (LPRO), Cannae Holdings (CNNE), Domtar (UFS), Vericel (VCEL), LiveRamp (RAMP), Ensign Group (ENSG), Builders FirstSource (BLDR), Fiserv (FISV), LKQ Corp. (LKQ), Catalent (CTLT), Descartes Systems (DSGX), Vonage (VG), U.S. Bancorp (USB), Zebra Technologies (ZBRA), Lithia Motors (LAD), Pioneer Natural (PXD), TriState Capital (TSC), Ameris Bancorp (ABCB), Brinker (EAT), Phreesia (PHR) and Western Alliance (WAL).

ShowHide Related Items >><<
ZBRA Zebra Technologies
$383.66 /

-0.56 (-0.15%)

VG Vonage
$12.88 /

-0.13 (-1.00%)

VCEL Vericel
$30.90 /

-0.55 (-1.75%)

USB U.S. Bancorp
$46.59 /

+0.45 (+0.98%)

UFS Domtar
$31.66 /

+0.16 (+0.51%)

TSC TriState Capital
$17.48 /

+0.21 (+1.22%)

SBNY Signature Bank
$135.36 /

+1.13 (+0.84%)

RAMP LiveRamp
$73.17 /

-0.515 (-0.70%)

PXD Pioneer Natural
$113.91 /

-0.625 (-0.55%)

PHR Phreesia
$54.37 /

-0.44 (-0.80%)

ODFL Old Dominion
$195.58 /

+1.65 (+0.85%)

MUSA Murphy USA
$130.90 /

+0.1 (+0.08%)

LPRO Open Lending
$34.95 /

+1.35 (+4.02%)

LKQ LKQ Corp.
$35.24 /

-0.11 (-0.31%)

LAD Lithia Motors
$293.20 /

-0.43 (-0.15%)

FISV Fiserv
$113.92 /

+1.04 (+0.92%)

ENSG Ensign Group
$73.08 /

+0.205 (+0.28%)

EAT Brinker
$56.58 /

+1.29 (+2.33%)

DSGX Descartes Systems
$58.52 /

+0.3 (+0.52%)

CTLT Catalent
$104.05 /

+0.75 (+0.73%)

CNNE Cannae Holdings
$44.34 /

+0.25 (+0.57%)

BLDR Builders FirstSource
$40.82 /

-1.47 (-3.48%)

ABCB Ameris Bancorp
$38.07 /

+0.07 (+0.18%)

ODFL Old Dominion
$195.58 /

+1.65 (+0.85%)

12/10/20 Morgan Stanley
Morgan Stanley upgrades ArcBest to Overweight, says trucking cycle far from over
12/04/20
Evercore starts trucking coverage with preference for Old Dominion, Saia
12/04/20 Evercore ISI
Old Dominion initiated with an Outperform at Evercore ISI
11/30/20 Deutsche Bank
Old Dominion price target raised to $212 from $202 at Deutsche Bank
MUSA Murphy USA
$130.90 /

+0.1 (+0.08%)

12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
06/10/20 Stephens
Murphy USA price target raised to $157 from $130 at Stephens
SBNY Signature Bank
$135.36 /

+1.13 (+0.84%)

12/17/20 Seaport Global
Seaport Global rolls out coverage of Regional and Community Banks with 4 Buys
12/17/20 Seaport Global
Signature Bank initiated with a Buy at Seaport Global
12/16/20 Raymond James
Signature Bank price target raised to $153 from $138 at Raymond James
12/15/20 JPMorgan
Signature Bank price target raised to $160 from $100 at JPMorgan
LPRO Open Lending
$34.95 /

+1.35 (+4.02%)

12/14/20 Deutsche Bank
Open Lending price target raised to $60 from $35 at Deutsche Bank
11/13/20
Fly Intel: Top five analyst initiations
11/13/20 B. Riley
Open Lending initiated with a Neutral on valuation at B. Riley
11/13/20 B. Riley
Open Lending initiated with a Neutral at B. Riley Securities
CNNE Cannae Holdings
$44.34 /

+0.25 (+0.57%)

11/19/20 Oppenheimer
Cannae Holdings initiated with an Outperform at Oppenheimer
09/22/20 Truist
CoreLogic increasingly likely to see other financial suitors, says Truist
06/26/20 Truist
CoreLogic upgraded to Buy from Hold at SunTrust
05/14/20 Stephens
Cannae Holdings price target raised to $43 from $40 at Stephens
UFS Domtar
$31.66 /

+0.16 (+0.51%)

12/18/20 CIBC
Domtar upgraded to Neutral from Underperformer at CIBC
11/24/20 BofA
BofA upgrades two, downgrades two in paper & packaging reranking
11/24/20 BofA
Domtar upgraded to Neutral from Underperform at BofA
11/20/20 Citi
Citi calls Domtar 'most likely to be acquired' among Paper & Packaging names
VCEL Vericel
$30.90 /

-0.55 (-1.75%)

12/17/20 Stephens
Vericel initiated with an Overweight at Stephens
10/19/20 BTIG
Vericel price target raised to $30 from $23 at BTIG
10/15/20 H.C. Wainwright
Vericel price target raised to $26 from $22 at H.C. Wainwright
09/23/20 BTIG
Vericel price target raised to $23 from $21 at BTIG
RAMP LiveRamp
$73.17 /

-0.515 (-0.70%)

12/22/20 Susquehanna
LiveRamp ATS momentum remains strong, says Susquehanna
11/10/20 Craig-Hallum
LiveRamp price target raised to $80 from $65 at Craig-Hallum
08/11/20 BMO Capital
LiveRamp price target raised to $65 from $55 at BMO Capital
08/11/20 Susquehanna
LiveRamp price target raised to $65 from $60 at Susquehanna
ENSG Ensign Group
$73.08 /

+0.205 (+0.28%)

11/11/20 Stephens
Stephens upgrades Ensign Group to Overweight ahead of occupancy recovery
11/11/20 Stephens
Ensign Group upgraded to Overweight from Equal Weight at Stephens
06/11/20 Truist
Ensign Group price target raised to $50 from $46 at SunTrust
02/06/20 Oppenheimer
Ensign Group price target raised to $60 from $53 at Oppenheimer
BLDR Builders FirstSource
$40.82 /

-1.47 (-3.48%)

12/23/20 Wedbush
Builders FirstSource price target raised to $50 from $40 at Wedbush
12/18/20 Barclays
Barclays names Builders FirstSource new top pick, ups target to $48
12/17/20 Jefferies
Builders FirstSource initiated with a Buy at Jefferies
11/16/20 Deutsche Bank
Builders FirstSource price target raised to $41 from $37 at Deutsche Bank
FISV Fiserv
$113.92 /

+1.04 (+0.92%)

12/23/20 Tigress Financial
Fiserv initiated with a Buy at Tigress Financial
12/10/20
Fly Intel: Top five analyst upgrades
12/10/20 Susquehanna
Fiserv price target raised to $136 from $123 at Susquehanna
12/10/20 Rosenblatt
Fiserv upgraded to Buy from Neutral at Rosenblatt
LKQ LKQ Corp.
$35.24 /

-0.11 (-0.31%)

09/11/20 Jefferies
LKQ Corp. price target raised to $42 from $35 at Jefferies
09/08/20 Stephens
LKQ Corp. price target raised to $40 from $35 at Stephens
07/15/20 Truist
LKQ Corp price target raised to $35 from $30 at SunTrust
06/19/20 JPMorgan
LKQ Corp. price target raised to $32 from $29 at JPMorgan
CTLT Catalent
$104.05 /

+0.75 (+0.73%)

12/09/20 KeyBanc
Catalent upgraded to Overweight upon assumption at KeyBanc
12/09/20 KeyBanc
Catalent upgraded to Overweight from Sector Weight at KeyBanc
11/05/20 Deutsche Bank
Catalent price target raised to $100 from $91 at Deutsche Bank
11/04/20 Baird
Catalent price target raised to $109 from $100 at Baird
DSGX Descartes Systems
$58.52 /

+0.3 (+0.52%)

11/13/20 Stephens
Descartes Systems upgraded to Overweight from Equal Weight at Stephens
09/11/20 Stifel
Descartes Systems price target raised to C$78 from C$63 at Stifel
09/11/20 Canaccord
Descartes Systems price target raised to C$65 from C$50 at Canaccord
09/10/20 BMO Capital
Descartes Systems price target raised to $61 from $47 at BMO Capital
VG Vonage
$12.88 /

-0.13 (-1.00%)

11/12/20 Citi
Citi adds Vonage to '90-day Catalyst Watch list'
10/02/20 Northland
Twilio comments positive for Kaleyra, LivePerson and Vonage, says Northland
08/18/20
Fly Intel: Top five analyst downgrades
08/18/20 Morgan Stanley
Vonage downgraded to Equal Weight from Overweight at Morgan Stanley
USB U.S. Bancorp
$46.59 /

+0.45 (+0.98%)

01/04/21 Barclays
U.S. Bancorp price target raised to $61 from $53 at Barclays
12/14/20 JPMorgan
U.S. Bancorp upgraded to Neutral with $51.50 target at JPMorgan
12/14/20 JPMorgan
U.S. Bancorp upgraded to Neutral from Underweight at JPMorgan
12/11/20 Credit Suisse
U.S. Bancorp upgraded to Neutral from Underperform at Credit Suisse
ZBRA Zebra Technologies
$383.66 /

-0.56 (-0.15%)

12/04/20 UBS
Zebra Technologies initiated with a Buy at UBS
12/01/20 Imperial Capital
Zebra Technologies downgraded to In-Line from Outperform at Imperial Capital
11/04/20 Needham
Zebra Technologies price target raised to $340 from $320 at Needham
10/16/20 Stephens
Zebra Technologies initiated with an Overweight at Stephens
LAD Lithia Motors
$293.20 /

-0.43 (-0.15%)

12/21/20
Fly Intel: Top five analyst initiations
12/21/20 Goldman Sachs
Lithia Motors initiated with a Neutral at Goldman Sachs
12/09/20
Fly Intel: Top five analyst initiations
12/09/20 Citi
Lithia Motors initiated with a Neutral at Citi
PXD Pioneer Natural
$113.91 /

-0.625 (-0.55%)

12/22/20
Fly Intel: Top five analyst upgrades
12/22/20 Truist
Pioneer Natural upgraded to Buy from Hold at Truist
12/22/20 Truist
Pioneer Natural upgraded to Buy from Hold at Truist
12/08/20 Piper Sandler
Pioneer Natural price target raised to $132 from $113 at Piper Sandler
TSC TriState Capital
$17.48 /

+0.21 (+1.22%)

12/04/20 B. Riley
TriState Capital price target raised to $18 from $15 at B. Riley Securities
10/13/20 Boenning & Scattergood
TriState Capital resumed with a Neutral at Boenning & Scattergood
08/05/20 B. Riley
TriState Capital downgraded to Neutral with $15 target at B. Riley FBR
08/05/20 B. Riley
TriState Capital downgraded to Neutral from Buy at B. Riley FBR
ABCB Ameris Bancorp
$38.07 /

+0.07 (+0.18%)

12/11/20 Raymond James
Ameris Bancorp price target raised to $44 from $33 at Raymond James
10/26/20 Raymond James
Ameris Bancorp price target raised to $33 from $27 at Raymond James
10/19/20 Stephens
Ameris Bancorp resumed with an Overweight at Stephens
09/23/20 Raymond James
Ameris Bancorp upgraded at Raymond James, YTD underperformance unjustified
EAT Brinker
$56.58 /

+1.29 (+2.33%)

12/17/20 MKM Partners
Brinker price target raised to $60 from $55 at MKM Partners
12/14/20 JPMorgan
Brinker price target raised to $55 from $50 at JPMorgan
10/29/20 Loop Capital
Brinker price target raised to $61 from $55 at Loop Capital
10/20/20 JPMorgan
Brinker price target raised to $50 from $40 at JPMorgan
PHR Phreesia
$54.37 /

-0.44 (-0.80%)

12/14/20 Citi
Phreesia price target raised to $59 from $33 at Citi
12/10/20 RBC Capital
Phreesia price target raised to $51 from $33 at RBC Capital
12/10/20 DA Davidson
Phreesia price target raised to $70 from $35 at DA Davidson
12/10/20 SVB Leerink
Phreesia price target raised to $62 from $37 at SVB Leerink
WAL Western Alliance
$59.97 /

-0.11 (-0.18%)

12/15/20 Truist
Truist raises price targets on select regional banks
11/04/20 Stephens
Western Alliance resumed with an Overweight at Stephens
11/02/20 Truist
Western Alliance price target raised to $50 from $41 at Truist
06/30/20 Truist
SunTrust raises price targets across regional/community banks
ZBRA Zebra Technologies
$383.66 /

-0.56 (-0.15%)

WAL Western Alliance
$59.97 /

-0.11 (-0.18%)

VG Vonage
$12.88 /

-0.13 (-1.00%)

VCEL Vericel
$30.90 /

-0.55 (-1.75%)

USB U.S. Bancorp
$46.59 /

+0.45 (+0.98%)

UFS Domtar
$31.66 /

+0.16 (+0.51%)

TSC TriState Capital
$17.48 /

+0.21 (+1.22%)

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Hot Stocks
Murphy USA to acquire QuickChek for $645M » 08:27
12/14/20
12/14
08:27
12/14/20
08:27
MUSA

Murphy USA

$125.32 /

-1.28 (-1.01%)

Murphy USA announced an…

Murphy USA announced an agreement to acquire QuickChek Corporation in an all-cash transaction for $645M. The purchase price includes expected tax benefits valued at $20M for a net after-tax purchase price of $625M. The transaction will be financed with a combination of cash on hand, existing credit facilities and new debt, and Murphy USA has obtained committed financing from the Royal Bank of Canada. QuickChek represents a truly distinctive business in a class shared by only a few comparable industry peers. Founded in 1967 as an extension of Durling Farms, a door-to-door milk and fresh dairy products delivery service that originally opened in 1888, it is a family-owned chain of 157 stores located in central and northern New Jersey and the New York metro area. It operates a best-in-class food and beverage model with a strong regional brand and engaged customer following, offering quick-serve restaurant style food alongside convenience items; a high-volume fuel offer is included at 89 of its newest stores. Its industry leading economics are evidenced by robust per-store per-year merchandise sales of $3.5M, combined merchandise margins of 38% with F&B representing over 50% of the mix, and per-store per-year fuel gallons of 3.8 million. Additionally, QuickChek has a proven history of same-store-sales growth and a rich real estate pipeline to sustain unit growth within its existing footprint. The acquisition is consistent with Murphy USA's updated capital allocation strategy as announced in October. It represents a continued commitment to deliver exceptional and sustained value to long-term shareholders and will complement other ongoing value creation mechanisms, including ongoing productivity improvement initiatives, organic growth, share repurchase and a dividend. The above considerations result in highly attractive deal economics. The net investment of $625 million represents a multiple of 13.2 times QuickChek's estimated LTM October 2020 Adjusted EBITDA of $47 million. Annual run rate synergies of $28M are expected to be achieved by the third year. When taking into account expected run-rate synergies and tax benefits, the acquisition reflects a multiple of 8.3 times estimated LTM Adjusted EBITDA. The acquisition is projected to be accretive to earnings in 2022, the first full year of combined operations. The transaction is expected to close during the first quarter of 2021, subject to customary closing conditions and regulatory approval. RBC Capital Markets, LLC acted as exclusive financial advisor and Davis Polk & Wardwell LLP acted as legal advisor to Murphy USA.

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MUSA Murphy USA
$125.32 /

-1.28 (-1.01%)

MUSA Murphy USA
$125.32 /

-1.28 (-1.01%)

12/01/20
Fly Intel: Top five analyst initiations
12/01/20 Goldman Sachs
Murphy USA initiated with a Sell at Goldman Sachs
11/20/20 Jefferies
Murphy USA assumed with a Hold at Jefferies
06/10/20 Stephens
Murphy USA price target raised to $157 from $130 at Stephens
MUSA Murphy USA
$125.32 /

-1.28 (-1.01%)

MUSA Murphy USA
$125.32 /

-1.28 (-1.01%)

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