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

USA Compression Partners LP (NYSE:USAC) has received an average recommendation of “Sell” from the three ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $21.25.

Several research firms recently commented on USAC. TheStreet raised USA Compression Partners from a “c+” rating to a “b-” rating in a research note on Thursday, August 17th. Royal Bank of Canada raised their price objective on USA Compression Partners from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 3rd. StockNews.com assumed coverage on USA Compression Partners in a report on Thursday, October 5th. They set a “buy” rating for the company. Finally, Mizuho cut USA Compression Partners from a “neutral” rating to an “underperform” rating and set a $22.00 target price for the company. in a report on Friday, September 29th.

Institutional Investors Weigh In On USA Compression Partners

Several hedge funds and other institutional investors have recently made changes to their positions in USAC. Belpointe Asset Management LLC increased its position in USA Compression Partners by 232.9% during the first quarter. Belpointe Asset Management LLC now owns 1,235 shares of the oil and gas company’s stock worth $26,000 after buying an additional 864 shares during the period. BOKF NA purchased a new stake in USA Compression Partners during the first quarter worth $30,000. State of Wyoming purchased a new stake in USA Compression Partners during the fourth quarter worth $32,000. Tower Research Capital LLC TRC lifted its position in shares of USA Compression Partners by 2,232.0% in the third quarter. Tower Research Capital LLC TRC now owns 2,915 shares of the oil and gas company’s stock valued at $51,000 after acquiring an additional 2,790 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of USA Compression Partners by 1,102.9% in the first quarter. Barclays PLC now owns 2,887 shares of the oil and gas company’s stock valued at $61,000 after acquiring an additional 2,647 shares in the last quarter. Institutional investors and hedge funds own 23.51% of the company’s stock.

USA Compression Partners Price Performance

Shares of NYSE:USAC opened at $25.10 on Wednesday. USA Compression Partners has a 1 year low of $17.27 and a 1 year high of $26.59. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 836.67 and a beta of 1.46. The business’s 50 day moving average price is $23.41 and its 200-day moving average price is $21.19.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, August 1st. The oil and gas company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. USA Compression Partners had a negative return on equity of 35.21% and a net margin of 6.79%. The firm had revenue of $206.92 million during the quarter, compared to the consensus estimate of $198.57 million. On average, sell-side analysts expect that USA Compression Partners will post 0.31 earnings per share for the current year.

USA Compression Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 3rd. Stockholders of record on Monday, October 23rd will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 8.37%. The ex-dividend date of this dividend is Friday, October 20th. USA Compression Partners’s payout ratio is presently 7,000.00%.

USA Compression Partners Company Profile

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.