Murphy Oil Corp. (MUR) Stock Forecast & Predictions

Murphy Oil Corp. MUR: $15.66

9805 Katy Fwy, Houston, Texas, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.murphyoilcorp.com/

  • Market Cap$NaNB
  • Change (52 Weeks)NaN%
  • Low (52 Weeks)$
  • Murphy Oil Corp. (MUR) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Murphy Oil Corp. (MUR) stock price is $15.66 and the 52 weeks low is $6.74, which means the Murphy Oil Corp. stock price is returning to its initial position. in the last 12 months.

    Murphy Oil Corp. (MUR) Stock Price has been Trending Strongly with an ADX reading of 26.32 as per the Weekly Chart.

    A Upward trend indicates that Murphy Oil Corp. (MUR) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that MUR Stock price might rise further, 18.75% indicating that MUR Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall MUR stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Murphy Oil Corp. (MUR) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Murphy Oil Corp. (MUR) is based on 22 Institutional Analyst Ratings where 27.27% are on Strong Buy, 4.55% on Moderate Buy, 63.64% remains on Hold, 0.00% are on Moderate Sell and 4.55% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended MUR stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Murphy Oil Corp..

    Murphy Oil Corp. (MUR) Stock Price Prediction By Analysts


    HighLowAverage
    $29.40$13.63$19.60
    $19.6025.18% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for MUR set by the institutional analysts is $19.60 where High Estimate is $29.40, Median $19.89 and Low $13.63.

    The average price target for MUR by Institutional Analysts is $19.60, which is 25.18% Upside from the current price. So according to the Institutional Analysts, MUR Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Murphy Oil Corp. (MUR) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 386,216 investor portfolio.

    Our algorithm has analysed 386,216 investor portfolio with MUR stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about MUR and holding their positions hoping for a further rise in the stock price and more profit.

    Murphy Oil Corp. (MUR) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    ScotiabankSector OutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    KeyBancSector WeightDowngraded
    Credit SuisseNeutralMaintained
    KeyBancOverweightMaintained
    ScotiaBankSector PerformUpgraded
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    Wells FargoUnderweightDowngraded
    Morgan StanleyEqual-WeightUpgraded
    Credit SuisseNeutralMaintained
    KeyBancOverweightMaintained
    ScotiaBankSector UnderperformDowngraded
    MKM PartnersBuyUpgraded
    Truist SecuritiesBuyInitiated
    Morgan StanleyUnderweightMaintained
    Piper SandlerNeutralMaintained
    Wolfe ResearchUnderperformDowngraded
    ScotiaBankSector PerformMaintained
    Morgan StanleyUnderweightMaintained
    UBSNeutralMaintained
    Goldman SachsNeutralDowngraded
    MizuhoNeutralUpgraded
    KeyBancOverweightMaintained
    MKM PartnersNeutralDowngraded
    Piper SandlerNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Wells FargoEqual-WeightDowngraded
    CFRABuyMaintained
    BMO CapitalMarket PerformDowngraded
    Wells FargoOverweightMaintained
    MizuhoUnderperformDowngraded
    UBSNeutralMaintained
    KeyBancOverweightMaintained
    Wells FargoOverweightUpgraded
    Morgan StanleyUnderweightMaintained
    Wells FargoEqual-WeightMaintained
    KeyBancOverweightMaintained
    ScotiaBankSector PerformDowngraded
    UBSNeutralMaintained
    BMO CapitalOutperformInitiated
    KeyBancOverweightInitiated
    Wells FargoMarket PerformMaintained
    Credit SuisseNeutralMaintained
    Goldman SachsBuyUpgraded
    Morgan StanleyUnderweightMaintained
    Capital One FinancialOverweightInitiated
    Goldman SachsNeutralUpgraded
    Morgan StanleyUnderweightMaintained
    MizuhoNeutralUpgraded
    Morgan StanleyUnderweightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Wells FargoMarket PerformMaintained
    MizuhoUnderperformInitiated
    Morgan StanleyUnderweightInitiated
    BarclaysEqual-WeightMaintained
    UBSNeutralInitiated
    BarclaysEqual-WeightMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseNeutralInitiated
    Morgan StanleyUnderweightMaintained
    BarclaysEqual-WeightDowngraded
    Credit SuisseUnderperformDowngraded
    UBSNeutralMaintained
    BarclaysOverweightUpgraded
    Raymond JamesMarket PerformUpgraded
    Goldman SachsSellMaintained
    BarclaysEqual-WeightMaintained
    iBERIA Capital PartnersSector PerformMaintained
    JP MorganNeutralMaintained
    Credit SuisseNeutralMaintained
    NomuraNeutralMaintained
    Deutsche BankHoldMaintained
    JP MorganNeutralInitiated
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    OppenheimerPerformDowngraded
    UBSNeutralUpgraded
    Credit SuisseNeutralUpgraded
    Morgan StanleyUnderweightDowngraded
    BarclaysEqual-WeightMaintained
    UBSSellDowngraded
    Deutsche BankHoldMaintained
    Goldman SachsSellDowngraded
    NomuraNeutralInitiated
    JP MorganNeutralMaintained
    Credit SuisseUnderperformDowngraded
    Wells FargoMarket PerformDowngraded
    Raymond JamesUnderperformDowngraded
    OppenheimerOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Alembic GlobalNeutralInitiated
    Deutsche BankHoldMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldInitiated
    JP MorganNeutralMaintained
    iBERIA Capital PartnersSector PerformInitiated
    Credit SuisseNeutralInitiated
    Scotia Howard WeilSector OutperformUpgraded
    RBC CapitalSector PerformDowngraded
    Simmons & Co.OverweightUpgraded
    Cowen & Co.HoldInitiated
    Societe GeneraleHoldMaintained
    Societe GeneraleHoldDowngraded
    Societe GeneraleBuyUpgraded
    Societe GeneraleHoldDowngraded
    Scotia Howard WeilMarket PerformDowngraded
    Deutsche BankHoldMaintained
    Brean CapitalBuyUpgraded
    BarclaysEqual-WeightDowngraded
    Deutsche BankHoldMaintained
    Societe GeneraleBuyUpgraded
    Brean CapitalHoldDowngraded
    UBSNeutralMaintained
    Deutsche BankHoldDowngraded
    Brean CapitalBuyInitiated

    Murphy Oil Corp. (MUR) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.144
    The average consensus EPS for MUR is $-0.144 with a high estimate of $0.294 and Low of $-0.510 for the period 2021-06-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.15$-0.17643692020-09-30


    The latest average Earning Per Share Estimate for Murphy Oil Corp. is $-0.14, which is higher than MUR's last EPS, $-0.15. This means that Analysts are expecting Murphy Oil Corp. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Murphy Oil Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.15$-0.17643692020-09-30
    $-0.71$-0.94811729999999992020-06-30
    $-0.3$-0.45578272020-03-31
    $0.16$0.172508000000000022019-12-31
    $0.36$0.26094362019-09-30
    $0.21$0.18005272019-06-30
    $0.15$0.26756922019-03-31
    $0.31$0.28366862018-12-31
    $0.35$0.36709462018-09-30
    $0.36$0.34194562018-06-30
    $0.23$0.28759752018-03-31
    $0.08$0.04639942017-12-31
    $-0.03$-0.15419672017-09-30
    $-0.11$-0.15688332017-06-30
    $-0.06$-0.02996672017-03-31
    $-0.16$-0.17544712016-12-31
    $-0.18$-0.206042016-09-30
    $-0.36$-0.36083262016-06-30
    $-0.66$-0.71413060000000012016-03-31
    $-0.76$-1.29554720000000012015-12-31
    $-0.72$-0.91588819999999992015-09-30
    $-0.48$-0.53473442015-06-30
    $-1.11$-0.94958182015-03-31
    $0.39$0.25707532014-12-31
    $1.15$0.99261792014-09-30
    $0.9$1.16884270000000012014-06-30
    $0.96$0.99516310000000012014-03-31
    $0.96$1.21913062013-12-31
    $1.34$1.47804410000000022013-09-30
    $1.82$1.55161249999999982013-06-30
    $1.08$0.98508332013-03-31
    $2.07$1.37143862012-12-31
    $1.17$1.20423312012-09-30
    $1.52$1.33941152012-06-30
    $1.49$1.54064392012-03-31
    $1.31$1.41616142011-12-31
    $1.73$1.20888922011-09-30
    $1.6$1.68753830000000022011-06-30
    $1.38$1.00301082011-03-31
    $0.9$1.02723062010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).