USA Compression Partners (NYSE:USAC) Share Price Passes Below 200 Day Moving Average – Time to Sell?

USA Compression Partners, LP (NYSE:USAC) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $23.88 and traded as low as $22.72. USA Compression Partners shares last traded at $22.8150, with a volume of 296,340 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have weighed in on USAC shares. Citigroup reissued a “neutral” rating on shares of USA Compression Partners in a report on Tuesday, December 2nd. Wall Street Zen upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Finally, Zacks Research raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $25.00.

USA Compression Partners Stock Down 0.4%

The stock has a market cap of $2.80 billion, a P/E ratio of 28.52 and a beta of 0.24. The stock has a fifty day simple moving average of $23.56 and a 200-day simple moving average of $23.88.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. USA Compression Partners had a negative return on equity of 76.84% and a net margin of 10.99%.The company had revenue of $250.26 million during the quarter, compared to analysts’ expectations of $250.23 million. Sell-side analysts anticipate that USA Compression Partners, LP will post 1.05 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Monday, October 27th were issued a $0.525 dividend. The ex-dividend date was Monday, October 27th. This represents a $2.10 annualized dividend and a yield of 9.2%. USA Compression Partners’s dividend payout ratio (DPR) is 262.50%.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in shares of USA Compression Partners in the 1st quarter valued at $32,000. CWM LLC acquired a new position in USA Compression Partners in the third quarter valued at about $34,000. BNP Paribas Financial Markets increased its holdings in shares of USA Compression Partners by 233.3% in the third quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 1,010 shares in the last quarter. State of Wyoming bought a new stake in shares of USA Compression Partners in the third quarter worth about $64,000. Finally, Caprock Group LLC acquired a new stake in shares of USA Compression Partners during the third quarter worth about $205,000. Institutional investors and hedge funds 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.