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Stock analysts at Ladenburg Thalmann started coverage on shares of Usa Compression Partners (NASDAQ:USAC) in a report issued on Wednesday. The firm set a “buy” rating on the stock.

Usa Compression Partners (NASDAQ:USAC) opened at 25.11 on Wednesday. Usa Compression Partners has a 52 week low of $22.07 and a 52 week high of $28.73. The stock has a 50-day moving average of $25.74 and a 200-day moving average of $26.30. The company has a market cap of $957.8 million and a P/E ratio of 66.18.

Usa Compression Partners (NASDAQ:USAC) last announced its earnings results on Wednesday, May 7th. The company reported $0.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.12 by $0.02. The company had revenue of $50.20 million for the quarter, compared to the consensus estimate of $50.62 million. During the same quarter last year, the company posted $0.07 earnings per share. Usa Compression Partners’s revenue was up 54.0% compared to the same quarter last year. On average, analysts predict that Usa Compression Partners will post $0.56 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Usa Compression Partners from $30.00 to $31.00 in a research note on Thursday, May 8th. Separately, analysts at Wells Fargo & Co. downgraded shares of Usa Compression Partners from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 1st. They noted that the move was a valuation call. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Usa Compression Partners in a research note on Wednesday, April 30th. They now have a $34.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $30.35.

USA Compression Partners, LP through its wholly owned subsidiary USA Compression Partners, LLC (NASDAQ:USAC) and Operating Subsidiary’s wholly owned subsidiary USAC Leasing LLC, primarily provides natural gas compression services under term contracts with customers in the oil and gas industry, using natural gas compressor packages that it designs, engineers, operates and maintains.

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