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

USA Compression Partners, LP (NYSE:USACGet Free Report) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $29.25.

Several brokerages recently issued reports on USAC. Citigroup upped their price objective on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Zacks Research lowered shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Royal Bank Of Canada raised their price objective on shares of USA Compression Partners from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, June 5th. Finally, Mizuho lifted their target price on shares of USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th.

Check Out Our Latest Report on USA Compression Partners

Institutional Investors Weigh In On USA Compression Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp purchased a new position in shares of USA Compression Partners during the 2nd quarter worth $423,000. Mallini Complete Financial Planning LLC raised its holdings in USA Compression Partners by 1.1% in the 2nd quarter. Mallini Complete Financial Planning LLC now owns 95,530 shares of the oil and gas company’s stock valued at $2,521,000 after buying an additional 1,041 shares during the period. Royal Bank of Canada raised its holdings in USA Compression Partners by 38.5% in the 1st quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock valued at $4,776,000 after buying an additional 48,978 shares during the period. Infrastructure Capital Advisors LLC lifted its position in USA Compression Partners by 2.4% in the first quarter. Infrastructure Capital Advisors LLC now owns 314,657 shares of the oil and gas company’s stock valued at $8,533,000 after buying an additional 7,226 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in USA Compression Partners by 2.4% in the first quarter. Cetera Investment Advisers now owns 28,636 shares of the oil and gas company’s stock valued at $777,000 after buying an additional 674 shares during the last quarter. Hedge funds and other institutional investors own 47.77% of the company’s stock.

USA Compression Partners Trading Down 0.6%

Shares of USAC stock opened at $25.88 on Wednesday. USA Compression Partners has a fifty-two week low of $21.85 and a fifty-two week high of $30.55. The company has a debt-to-equity ratio of 9.41, a quick ratio of 0.86 and a current ratio of 1.55. The stock’s fifty day moving average is $26.42 and its two-hundred day moving average is $27.07. The firm has a market capitalization of $3.75 billion, a P/E ratio of 24.42 and a beta of 0.22.

USA Compression Partners (NYSE:USACGet Free Report) last issued its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. The business had revenue of $342.15 million during the quarter, compared to analysts’ expectations of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 852.23%. Research analysts expect that USA Compression Partners will post 1 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, July 27th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.1%. USA Compression Partners’s dividend payout ratio (DPR) is currently 198.11%.

About USA Compression Partners

(Get Free Report)

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.

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Analyst Recommendations for USA Compression Partners (NYSE:USAC)

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