USA Compression Partners (NYSE:USAC) Upgraded by Texas Capital to Strong-Buy Rating

USA Compression Partners (NYSE:USAC) was upgraded by equities research analysts at Texas Capital from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

USAC has been the subject of several other research reports. Zacks Research raised USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Mizuho increased their price objective on USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Wall Street Zen lowered USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Stifel Nicolaus lifted their target price on USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Wednesday, February 18th. Finally, Citigroup reiterated a “neutral” rating on shares of USA Compression Partners in a report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, USA Compression Partners currently has a consensus rating of “Moderate Buy” and an average target price of $26.67.

USA Compression Partners Stock Performance

Shares of NYSE:USAC opened at $27.50 on Monday. The firm has a 50 day simple moving average of $25.83 and a 200 day simple moving average of $24.39. USA Compression Partners has a 52 week low of $21.59 and a 52 week high of $28.09. The company has a market cap of $3.99 billion, a PE ratio of 32.73 and a beta of 0.22.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. The firm had revenue of $252.48 million for the quarter, compared to analysts’ expectations of $253.43 million. On average, equities analysts predict that USA Compression Partners will post 1.05 earnings per share for the current year.

Institutional Investors Weigh In On USA Compression Partners

Large investors have recently made changes to their positions in the company. Virtu Financial LLC bought a new stake in USA Compression Partners in the fourth quarter worth approximately $294,000. MV Capital Management Inc. acquired a new stake in shares of USA Compression Partners in the 4th quarter valued at $86,000. Abel Hall LLC acquired a new stake in shares of USA Compression Partners in the 4th quarter valued at $230,000. Jump Financial LLC boosted its holdings in USA Compression Partners by 157.0% in the fourth quarter. Jump Financial LLC now owns 109,251 shares of the oil and gas company’s stock worth $2,513,000 after purchasing an additional 66,745 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in USA Compression Partners by 11.1% in the fourth quarter. Osaic Holdings Inc. now owns 36,283 shares of the oil and gas company’s stock worth $835,000 after purchasing an additional 3,633 shares in the last quarter. Institutional investors own 47.77% of the company’s stock.

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.