Usa Compression Partners Upgraded to Neutral at Zacks (USAC)
Usa Compression Partners (NASDAQ:USAC) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Monday, Analyst RN reports. The firm currently has a $27.40 price objective on the stock. Zacks‘ price objective would suggest a potential upside of 2.66% from the company’s current price.
Shares of Usa Compression Partners (NASDAQ:USAC) traded up 0.15% during mid-day trading on Monday, hitting $26.73. The stock had a trading volume of 36,867 shares. Usa Compression Partners has a one year low of $18.06 and a one year high of $28.73. The stock’s 50-day moving average is $26.91 and its 200-day moving average is $25.01. The company has a market cap of $999.1 million and a P/E ratio of 83.41.
Usa Compression Partners (NASDAQ:USAC) last released its earnings data on Tuesday, February 18th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.08. The company had revenue of $48.60 million for the quarter, compared to the consensus estimate of $47.47 million. Analysts expect that Usa Compression Partners will post $0.66 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Barclays raised their price target on shares of Usa Compression Partners from $28.00 to $29.00 in a research note on Wednesday, February 19th. Separately, analysts at RBC Capital raised their price target on shares of Usa Compression Partners from $28.00 to $30.00 in a research note on Wednesday, February 19th. They now have an “outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Usa Compression Partners has a consensus rating of “Buy” and an average target price of $28.60.
USA Compression Partners, LP (NASDAQ:USAC) is a provider of compression services in the United States.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.