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

USA Compression Partners, LP (NYSE:USAC) has received an average recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $29.25.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in shares of USA Compression Partners by 82.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after purchasing an additional 1,296,339 shares during the last quarter. Raymond James Financial Inc. boosted its position in 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 buying an additional 8,169 shares during the last quarter. HRT Financial LP acquired a new position in USA Compression Partners in the 2nd quarter worth approximately $1,555,000. Corient Private Wealth LLC increased its holdings in USA Compression Partners by 131.7% in the 2nd quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock worth $10,038,000 after buying an additional 234,730 shares during the period. Finally, BNP Paribas Financial Markets raised its position in USA Compression Partners by 233.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock worth $35,000 after buying an additional 1,010 shares during the last quarter. 47.77% of the stock is owned by institutional investors and hedge funds.

USA Compression Partners Trading Down 2.0%

USAC stock opened at $26.36 on Friday. USA Compression Partners has a 12 month low of $21.85 and a 12 month high of $30.55. The firm’s 50-day moving average is $27.17 and its 200 day moving average is $26.97. The company has a market capitalization of $3.82 billion, a PE ratio of 27.17 and a beta of 0.21. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). The company had revenue of $331.27 million for the quarter, compared to analysts’ expectations of $308.35 million. USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%. On average, research analysts anticipate that USA Compression Partners will post 1.02 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Monday, July 27th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.0%. USA Compression Partners’s payout ratio is 216.49%.

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.