USA Compression Partners, LP (NYSE:USAC) Receives $29.25 Consensus Price Target from Analysts

USA Compression Partners, LP (NYSE:USAC) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $29.25.

Several equities research analysts have commented on USAC shares. Zacks Research lowered USA Compression Partners from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Royal Bank Of Canada raised their target price on USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, June 5th. Citigroup lifted their price target on USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Finally, Mizuho boosted their price target on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th.

Institutional Investors Weigh In On USA Compression Partners

A number of large investors have recently modified their holdings of USAC. BNP Paribas Financial Markets lifted its stake 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 buying an additional 1,010 shares in the last quarter. MV Capital Management Inc. purchased a new stake in USA Compression Partners during the 4th quarter valued at about $86,000. One Charles Private Wealth Services LLC purchased a new stake in USA Compression Partners during the 1st quarter valued at about $212,000. Texas Yale Capital Corp. acquired a new stake in USA Compression Partners in the 4th quarter valued at about $224,000. Finally, Arista Wealth Management LLC acquired a new stake in USA Compression Partners in the 4th quarter valued at about $230,000. Hedge funds and other institutional investors own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

USAC opened at $26.73 on Friday. The firm’s fifty day simple moving average is $27.37 and its two-hundred day simple moving average is $26.90. USA Compression Partners has a 52-week low of $21.85 and a 52-week high of $30.55. The company has a market cap of $3.88 billion, a price-to-earnings ratio of 27.56 and a beta of 0.21. The company has a quick ratio of 0.86, a current ratio of 1.55 and a debt-to-equity ratio of 9.41.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The company had revenue of $331.27 million for the quarter, compared to analysts’ expectations of $308.35 million. Equities analysts anticipate that USA Compression Partners will post 1.02 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Monday, July 27th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Monday, July 27th. USA Compression Partners’s payout ratio is 216.49%.

About USA Compression Partners

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.