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Usa Compression Partners (NASDAQ:USAC) has earned an average recommendation of “Buy” from the eight analysts that are currently covering the stock, American Banking News.com reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $31.40.

A number of analysts have recently weighed in on USAC shares. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Usa Compression Partners in a research note on Monday. They now have a $32.00 price target on the stock, up previously from $31.00. Separately, analysts at Ladenburg Thalmann initiated coverage on shares of Usa Compression Partners in a research note on Wednesday, June 18th. They set a “buy” rating and a $35.00 price target on the stock. Finally, 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.

Shares of Usa Compression Partners (NASDAQ:USAC) traded up 0.02% during mid-day trading on Tuesday, hitting $25.475. The stock had a trading volume of 67,478 shares. Usa Compression Partners has a 1-year low of $22.07 and a 1-year high of $28.73. The stock has a 50-day moving average of $25.50 and a 200-day moving average of $26.32. The company has a market cap of $971.7 million and a P/E ratio of 67.56.

Usa Compression Partners (NASDAQ:USAC) last announced its earnings results on Wednesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 54.0% on a year-over-year basis. On average, analysts predict that Usa Compression Partners will post $0.56 earnings per share for the current fiscal year.

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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