Brokerages Set USA Compression Partners, LP (NYSE:USAC) Price Target at $26.75

Shares of USA Compression Partners, LP (NYSE:USAC) have received a consensus recommendation of “Reduce” from the five brokerages that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $26.75.

Several research analysts recently issued reports on the stock. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Citigroup reissued a “neutral” rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd. Wall Street Zen raised USA Compression Partners from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Mizuho lifted their price target on USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Finally, Stifel Nicolaus increased their price objective on USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Wednesday.

USA Compression Partners Price Performance

Shares of NYSE USAC opened at $26.84 on Wednesday. The stock has a fifty day moving average price of $24.90 and a 200 day moving average price of $24.13. USA Compression Partners has a 1-year low of $21.59 and a 1-year high of $28.67. The company has a market cap of $3.89 billion, a PE ratio of 31.95 and a beta of 0.23.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. The company had revenue of $252.48 million during the quarter, compared to the consensus estimate of $253.43 million. Analysts anticipate that USA Compression Partners will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, January 26th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.8%. USA Compression Partners’s dividend payout ratio is 250.00%.

Institutional Trading of USA Compression Partners

A number of institutional investors have recently added to or reduced their stakes in USAC. Royal Bank of Canada increased its stake in shares of USA Compression Partners by 0.4% during the 4th quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock worth $2,924,000 after purchasing an additional 521 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in USA Compression Partners by 5.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the oil and gas company’s stock valued at $310,000 after buying an additional 724 shares during the last quarter. Mallini Complete Financial Planning LLC increased its position in USA Compression Partners by 0.8% during the fourth quarter. Mallini Complete Financial Planning LLC now owns 93,810 shares of the oil and gas company’s stock worth $2,158,000 after buying an additional 731 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of USA Compression Partners by 1.7% in the fourth quarter. Kestra Advisory Services LLC now owns 45,800 shares of the oil and gas company’s stock worth $1,053,000 after acquiring an additional 758 shares during the last quarter. Finally, Mutual Advisors LLC raised its holdings in shares of USA Compression Partners by 3.5% in the fourth quarter. Mutual Advisors LLC now owns 22,641 shares of the oil and gas company’s stock worth $521,000 after acquiring an additional 769 shares during the last quarter. Hedge funds and other institutional investors 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.