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

USA Compression Partners, LP (NYSE:USAC) has been given an average recommendation of “Hold” by the six analysts that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $29.25.

USAC has been the topic of a number of analyst reports. Royal Bank Of Canada boosted their target price on shares of USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, June 5th. Mizuho raised their price target on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Zacks Research downgraded shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Finally, Citigroup increased their price target 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 institutional investors have recently bought and sold shares of USAC. D.A. Davidson & CO. boosted its stake in shares of USA Compression Partners by 1.6% during the 1st quarter. D.A. Davidson & CO. now owns 28,790 shares of the oil and gas company’s stock worth $781,000 after acquiring an additional 447 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of USA Compression Partners by 0.4% during the 4th quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock valued at $2,924,000 after acquiring an additional 521 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of USA Compression Partners by 1.2% during the 1st quarter. Kestra Advisory Services LLC now owns 46,340 shares of the oil and gas company’s stock valued at $1,257,000 after acquiring an additional 540 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of USA Compression Partners by 2.4% in the 1st quarter. Cetera Investment Advisers now owns 28,636 shares of the oil and gas company’s stock valued at $777,000 after acquiring an additional 674 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of USA Compression Partners by 5.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the oil and gas company’s stock valued at $310,000 after acquiring an additional 724 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors.

USA Compression Partners Stock Performance

NYSE USAC opened at $26.09 on Friday. The company’s 50 day moving average is $27.38 and its 200-day moving average is $26.85. USA Compression Partners has a 12-month low of $21.85 and a 12-month high of $30.55. The company has a quick ratio of 0.86, a current ratio of 1.55 and a debt-to-equity ratio of 9.41. The firm has a market cap of $3.78 billion, a P/E ratio of 26.89 and a beta of 0.21.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). The business had revenue of $331.27 million for the quarter, compared to analysts’ expectations of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. Sell-side analysts predict that USA Compression Partners will post 1.02 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Monday, July 27th will be issued a $0.525 dividend. The ex-dividend date is Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a yield of 8.0%. USA Compression Partners’s dividend payout ratio is currently 216.49%.

About USA Compression Partners

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.