USA Compression Partners (USAC) Set to Announce Earnings on Tuesday

USA Compression Partners (NYSE:USACGet Rating) will be announcing its earnings results before the market opens on Tuesday, May 3rd. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

USA Compression Partners (NYSE:USACGet Rating) last released its quarterly earnings results on Tuesday, February 15th. The oil and gas company reported ($0.09) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.02). USA Compression Partners had a return on equity of 5.48% and a net margin of 1.62%. The business had revenue of $159.94 million during the quarter. During the same quarter last year, the business posted ($0.14) EPS.

NYSE:USAC opened at $18.05 on Tuesday. The company has a debt-to-equity ratio of 19.52, a quick ratio of 0.64 and a current ratio of 1.09. USA Compression Partners has a one year low of $14.06 and a one year high of $20.14. The business’s 50-day simple moving average is $18.08 and its 200 day simple moving average is $16.80. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of -46.28 and a beta of 2.01.

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 6th. Investors of record on Monday, April 25th will be paid a $0.525 dividend. This is a boost from USA Compression Partners’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, April 22nd. This represents a $2.10 annualized dividend and a dividend yield of 11.63%. USA Compression Partners’s payout ratio is -538.45%.

Several research analysts recently commented on USAC shares. JPMorgan Chase & Co. cut USA Compression Partners from a “neutral” rating to an “underweight” rating and set a $17.00 price target on the stock. in a research note on Monday, March 14th. They noted that the move was a valuation call. Zacks Investment Research cut USA Compression Partners from a “hold” rating to a “strong sell” rating and set a $15.00 price objective on the stock. in a research note on Wednesday, March 16th. Finally, StockNews.com assumed coverage on USA Compression Partners in a research note on Thursday, March 31st. They set a “buy” rating on the stock. Three equities research analysts have rated the stock with a sell rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $15.67.

A number of hedge funds and other institutional investors have recently made changes to their positions in USAC. Bank of America Corp DE grew its holdings in shares of USA Compression Partners by 5.0% during the fourth quarter. Bank of America Corp DE now owns 28,625 shares of the oil and gas company’s stock valued at $499,000 after purchasing an additional 1,370 shares during the last quarter. Vident Investment Advisory LLC grew its holdings in shares of USA Compression Partners by 5.9% during the fourth quarter. Vident Investment Advisory LLC now owns 39,513 shares of the oil and gas company’s stock valued at $690,000 after purchasing an additional 2,193 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of USA Compression Partners by 6.2% during the third quarter. Royal Bank of Canada now owns 68,327 shares of the oil and gas company’s stock valued at $1,132,000 after purchasing an additional 4,005 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of USA Compression Partners by 52.1% during the fourth quarter. Wells Fargo & Company MN now owns 23,345 shares of the oil and gas company’s stock valued at $407,000 after purchasing an additional 7,995 shares during the last quarter. Finally, Stifel Financial Corp bought a new position in shares of USA Compression Partners during the fourth quarter valued at approximately $221,000. Hedge funds and other institutional investors own 22.16% of the company’s stock.

USA Compression Partners Company Profile (Get Rating)

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.

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Earnings History for USA Compression Partners (NYSE:USAC)

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