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

Shares of USA Compression Partners, LP (NYSE:USAC) have been assigned an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $26.6667.

A number of research firms have weighed in on USAC. Stifel Nicolaus raised their price objective on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Wednesday, February 18th. Texas Capital upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Mizuho lifted their price target on USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Finally, Zacks Research lowered USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th.

Hedge Funds Weigh In On USA Compression Partners

Large investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its holdings in USA Compression Partners by 82.7% during 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 acquiring an additional 1,296,339 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of USA Compression Partners by 1.5% in the second quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock valued at $13,340,000 after purchasing an additional 8,169 shares during the last quarter. HRT Financial LP bought a new position in shares of USA Compression Partners during the second quarter valued at about $1,555,000. Corient Private Wealth LLC lifted its position in shares of USA Compression Partners by 131.7% during the second quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock valued at $10,038,000 after purchasing an additional 234,730 shares in the last quarter. Finally, CWM LLC purchased a new position in USA Compression Partners during the third quarter worth about $34,000. 47.77% of the stock is currently owned by institutional investors.

USA Compression Partners Stock Down 0.1%

Shares of NYSE:USAC opened at $27.73 on Monday. USA Compression Partners has a twelve month low of $21.85 and a twelve month high of $28.90. The stock’s 50 day moving average is $27.48 and its 200-day moving average is $25.40. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 33.01 and a beta of 0.22.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $252.48 million during the quarter, compared to the consensus estimate of $253.43 million. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. Equities research analysts anticipate that USA Compression Partners will post 1.26 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Monday, April 27th will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, April 27th. This represents a $2.10 annualized dividend and a yield of 7.6%. USA Compression Partners’s dividend payout ratio is 250.00%.

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.