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

Shares of USA Compression Partners, LP (NYSE:USACGet Free Report) have received an average recommendation of “Reduce” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $26.75.

A number of brokerages have issued reports on USAC. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Zacks Research lowered shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Mizuho upped their price target on shares of USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Wall Street Zen upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Stifel Nicolaus boosted their target price on shares of USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Wednesday.

Check Out Our Latest Analysis on USAC

USA Compression Partners Price Performance

USA Compression Partners stock traded up $0.57 during midday trading on Wednesday, hitting $26.50. 33,626 shares of the company were exchanged, compared to its average volume of 222,238. The company has a market cap of $3.25 billion, a PE ratio of 33.13 and a beta of 0.23. USA Compression Partners has a fifty-two week low of $21.59 and a fifty-two week high of $28.67. The company’s fifty day moving average price is $24.76 and its 200-day moving average price is $24.07.

USA Compression Partners (NYSE:USACGet Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.28. The company had revenue of $252.48 million for the quarter, compared to analyst estimates of $253.43 million. USA Compression Partners had a net margin of 10.99% and a negative return on equity of 76.84%. On average, analysts expect that USA Compression Partners will post 1.05 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, January 26th were given a $0.525 dividend. The ex-dividend date was Monday, January 26th. This represents a $2.10 annualized dividend and a dividend yield of 7.9%. USA Compression Partners’s dividend payout ratio (DPR) is presently 262.50%.

Hedge Funds Weigh In On USA Compression Partners

A number of hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in USA Compression Partners by 274.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock worth $130,085,000 after acquiring an additional 3,922,383 shares during the period. Alps Advisors Inc. lifted its holdings in USA Compression Partners by 9.6% in the third quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock worth $410,538,000 after purchasing an additional 1,500,640 shares during the period. Morgan Stanley lifted its holdings in USA Compression Partners by 123.5% in the fourth quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company’s stock worth $62,390,000 after purchasing an additional 1,498,928 shares during the period. Goldman Sachs Group Inc. grew its position in USA Compression Partners by 82.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock valued at $77,254,000 after buying an additional 1,296,339 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in USA Compression Partners by 14.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock valued at $128,971,000 after buying an additional 654,001 shares during the period. Institutional investors and hedge funds own 47.77% of the company’s stock.

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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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