Analysts Set USA Compression Partners, LP (NYSE:USAC) Target Price at $26.67

USA Compression Partners, LP (NYSE:USAC) has earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $26.6667.

Several equities analysts have recently issued reports on USAC shares. Zacks Research raised USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Wall Street Zen downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Texas Capital upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th. Mizuho lifted their target price on shares of USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Finally, Citigroup reiterated a “neutral” rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd.

USA Compression Partners Stock Up 1.3%

Shares of USAC opened at $28.36 on Friday. The stock has a market cap of $4.11 billion, a P/E ratio of 33.76 and a beta of 0.22. The business’s 50 day moving average price is $26.34 and its 200-day moving average price is $24.54. USA Compression Partners has a 52 week low of $21.59 and a 52 week high of $28.61.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share (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 during the quarter, compared to analysts’ expectations of $253.43 million. On average, equities analysts anticipate that USA Compression Partners will post 1.05 EPS for the current year.

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Monday, January 26th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date was Monday, January 26th. USA Compression Partners’s payout ratio is presently 250.00%.

Institutional Trading of USA Compression Partners

Several institutional investors have recently added to or reduced their stakes in the business. CWM LLC purchased a new position in shares of USA Compression Partners in the 3rd quarter worth $34,000. BNP Paribas Financial Markets grew 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 during the period. State of Wyoming purchased a new stake in USA Compression Partners during the third quarter valued at $64,000. MV Capital Management Inc. bought a new position in USA Compression Partners in the fourth quarter valued at about $86,000. Finally, Caprock Group LLC bought a new position in USA Compression Partners in the third quarter valued at about $205,000. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

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.