USA Compression Partners (USAC) Scheduled to Post Earnings on Tuesday

USA Compression Partners (NYSE:USAC) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, February 13th. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The company had revenue of $225.05 million for the quarter, compared to analysts’ expectations of $221.50 million. USA Compression Partners had a negative return on equity of 31.81% and a net margin of 8.07%. During the same quarter in the prior year, the company earned ($0.04) EPS. On average, analysts expect USA Compression Partners to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

USA Compression Partners Stock Performance

Shares of NYSE USAC opened at $24.35 on Friday. USA Compression Partners has a fifty-two week low of $18.48 and a fifty-two week high of $28.47. The stock has a market cap of $2.51 billion, a PE ratio of 115.96 and a beta of 1.30. The stock has a fifty day moving average of $26.07 and a 200-day moving average of $25.16.

USA Compression Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 8.62%. The ex-dividend date was Friday, April 19th. USA Compression Partners’s dividend payout ratio is presently 1,000.05%.

Analysts Set New Price Targets

A number of research firms recently weighed in on USAC. Raymond James upped their target price on shares of USA Compression Partners from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. StockNews.com downgraded USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Finally, Mizuho boosted their target price on USA Compression Partners from $22.00 to $23.00 and gave the stock an “underperform” rating in a research report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $24.75.

Insider Transactions at USA Compression Partners

In other USA Compression Partners news, insider Eric D. Long sold 34,866 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $24.54, for a total transaction of $855,611.64. Following the sale, the insider now owns 469,019 shares in the company, valued at $11,509,726.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other USA Compression Partners news, insider Eric D. Long sold 34,866 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $24.54, for a total transaction of $855,611.64. Following the transaction, the insider now directly owns 469,019 shares in the company, valued at $11,509,726.26. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the business’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the completion of the sale, the insider now owns 5,882,528 shares of the company’s stock, valued at $147,769,103.36. The disclosure for this sale can be found here. Insiders have sold 6,073,877 shares of company stock valued at $152,474,943 in the last quarter.

USA Compression Partners Company Profile

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.