Analysts Set USA Compression Partners LP (NYSE:USAC) Price Target at $27.50

Shares of USA Compression Partners LP (NYSE:USAC) have been assigned an average recommendation of “Hold” from the five brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $26.80.

USAC has been the topic of a number of research reports. Mizuho boosted their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. boosted their target price on shares of USA Compression Partners from $23.00 to $24.00 and gave the company an “underweight” rating in a research report on Tuesday, March 11th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $27.00 target price on shares of USA Compression Partners in a research note on Friday, November 22nd. Finally, Citigroup increased their price target on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th.

USA Compression Partners Stock Performance

NYSE:USAC opened at $26.83 on Tuesday. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $30.10. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 36.76 and a beta of 1.31. The firm’s 50-day simple moving average is $26.44 and its 200 day simple moving average is $24.09.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. Sell-side analysts anticipate that USA Compression Partners will post 1.05 EPS for the current year.

USA Compression Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date was Monday, January 27th. USA Compression Partners’s payout ratio is 287.67%.

Institutional Investors Weigh In On USA Compression Partners

Institutional investors and hedge funds have recently modified their holdings of the company. Brown Brothers Harriman & Co. purchased a new stake in USA Compression Partners in the fourth quarter valued at approximately $95,000. Sunbelt Securities Inc. boosted its holdings in shares of USA Compression Partners by 16.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock valued at $119,000 after buying an additional 730 shares in the last quarter. Broadway Wealth Solutions Inc. bought a new stake in shares of USA Compression Partners during the 4th quarter valued at $201,000. TSA Wealth Managment LLC bought a new position in USA Compression Partners in the 4th quarter worth about $205,000. Finally, SVB Wealth LLC bought a new position in USA Compression Partners in the 4th quarter worth about $207,000. 47.77% of the stock is owned by hedge funds and other institutional investors.

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.