USA Compression Partners (NYSE:USAC) Downgraded by Wall Street Zen to “Hold”

USA Compression Partners (NYSE:USAC) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other analysts also recently issued reports on USAC. Mizuho lifted their target price 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. Zacks Research lowered 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 report on Tuesday, December 2nd. Finally, Stifel Nicolaus upped their target price on shares of USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $26.75.

USA Compression Partners Stock Performance

Shares of USA Compression Partners stock opened at $26.84 on Friday. The company has a market capitalization of $3.89 billion, a P/E ratio of 31.95 and a beta of 0.23. The company has a fifty day moving average of $24.90 and a 200 day moving average of $24.13. USA Compression Partners has a fifty-two week low of $21.59 and a fifty-two week high of $28.67.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. USA Compression Partners had a negative return on equity of 87.34% and a net margin of 11.15%.The business had revenue of $252.48 million for the quarter, compared to analysts’ expectations of $253.43 million. Analysts forecast that USA Compression Partners will post 1.05 EPS for the current year.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors have recently bought and sold shares of USAC. CWM LLC bought a new stake in shares of USA Compression Partners in the 3rd quarter worth about $34,000. BNP Paribas Financial Markets increased its stake in USA Compression Partners by 233.3% during 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 during the last quarter. State of Wyoming bought a new stake in USA Compression Partners during the third quarter worth approximately $64,000. Caprock Group LLC purchased a new stake in USA Compression Partners during the third quarter valued at approximately $205,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of USA Compression Partners in the 3rd quarter valued at approximately $216,000. 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.