USA Compression Partners, LP (NYSE:USAC) Receives Average Rating of “Hold” from Brokerages

Shares of USA Compression Partners, LP (NYSE:USAC) have received a consensus recommendation of “Hold” from the six research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $27.00.

Several research firms have commented on USAC. Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Stifel Nicolaus lifted their price objective on shares of USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research note on Wednesday, February 18th. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th. Finally, Citigroup lifted their price objective on shares of USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th.

Hedge Funds Weigh In On USA Compression Partners

Several hedge funds have recently made changes to their positions in USAC. Goldman Sachs Group Inc. grew its stake in shares of USA Compression Partners by 82.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after purchasing an additional 1,296,339 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of USA Compression Partners by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock worth $13,340,000 after purchasing an additional 8,169 shares during the last quarter. HRT Financial LP acquired a new position in shares of USA Compression Partners in the 2nd quarter worth approximately $1,555,000. Corient Private Wealth LLC grew its stake in shares of USA Compression Partners by 131.7% in the 2nd quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock worth $10,038,000 after purchasing an additional 234,730 shares during the last quarter. Finally, State of Wyoming acquired a new position in shares of USA Compression Partners in the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Stock Up 2.1%

USA Compression Partners stock opened at $28.43 on Friday. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 29.31 and a beta of 0.21. The company has a current ratio of 1.55, a quick ratio of 0.86 and a debt-to-equity ratio of 9.41. The company’s 50-day moving average price is $27.94 and its two-hundred day moving average price is $26.22. USA Compression Partners has a 52 week low of $21.85 and a 52 week high of $30.55.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.08). The company had revenue of $331.28 million for the quarter, compared to analyst estimates of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. On average, analysts expect that USA Compression Partners will post 1.21 EPS for the current fiscal year.

USA Compression Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Monday, April 27th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, April 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.4%. USA Compression Partners’s payout ratio is currently 216.49%.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.