Usa Compression Partners (USAC) Releases Quarterly Earnings Results
Usa Compression Partners (NASDAQ:USAC) announced its earnings results on Tuesday. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.08, Analyst Ratings Network reports. The company had revenue of $48.60 million for the quarter, compared to the consensus estimate of $47.47 million.
Usa Compression Partners (NASDAQ:USAC) opened at 27.08 on Tuesday. Usa Compression Partners has a 52 week low of $18.02 and a 52 week high of $28.73. The stock’s 50-day moving average is $26. and its 200-day moving average is $25.00. The company has a market cap of $1.005 billion and a P/E ratio of 136.87.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Usa Compression Partners from a “neutral” rating to an “underperform” rating in a research note on Friday, January 17th. They now have a $25.80 price target on the stock. On a related note, analysts at Barclays raised their price target on shares of Usa Compression Partners from $26.00 to $28.00 in a research note on Thursday, December 19th. They now have an “overweight” rating on the stock. Finally, analysts at Goldman Sachs initiated coverage on shares of Usa Compression Partners in a research note on Wednesday, December 11th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. Usa Compression Partners has an average rating of “Buy” and a consensus target price of $27.45.
USA Compression Partners, LP (NASDAQ:USAC) is a provider of compression services in the United States.
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