Zacks: Brokerages Expect USA Compression Partners, LP (USAC) Will Post Earnings of $0.07 Per Share
Wall Street brokerages expect USA Compression Partners, LP (NYSE:USAC) to report earnings of $0.07 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for USA Compression Partners,’s earnings, with the lowest EPS estimate coming in at $0.06 and the highest estimate coming in at $0.09. USA Compression Partners, posted earnings of $0.06 per share in the same quarter last year, which indicates a positive year over year growth rate of 16.7%. The company is scheduled to announce its next quarterly earnings report on Tuesday, November 14th.
According to Zacks, analysts expect that USA Compression Partners, will report full year earnings of $0.23 per share for the current financial year, with EPS estimates ranging from $0.16 to $0.29. For the next financial year, analysts forecast that the firm will report earnings of $0.49 per share, with EPS estimates ranging from $0.39 to $0.55. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for USA Compression Partners,.
USA Compression Partners, (NYSE:USAC) last posted its quarterly earnings data on Friday, August 4th. The oil and gas company reported $0.05 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.05. USA Compression Partners, had a net margin of 1.20% and a return on equity of 1.38%. The company had revenue of $66 million during the quarter, compared to analysts’ expectations of $65.85 million. During the same period in the prior year, the company posted $0.05 earnings per share. USA Compression Partners,’s revenue for the quarter was up 3.9% compared to the same quarter last year.
USAC has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated a “hold” rating and set a $20.00 price target on shares of USA Compression Partners, in a report on Tuesday, May 23rd. ValuEngine lowered shares of USA Compression Partners, from a “hold” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub upgraded shares of USA Compression Partners, from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Janney Montgomery Scott initiated coverage on shares of USA Compression Partners, in a report on Friday, September 1st. They set a “neutral” rating and a $16.00 price target for the company. Finally, Zacks Investment Research lowered shares of USA Compression Partners, from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $19.00.
USA Compression Partners, (NYSE USAC) traded down 1.20% during midday trading on Friday, hitting $15.59. 56,642 shares of the stock traded hands. The company has a market capitalization of $959.94 million, a price-to-earnings ratio of 472.42 and a beta of 1.17. USA Compression Partners, has a 52 week low of $14.30 and a 52 week high of $19.78. The stock’s 50-day moving average price is $15.82 and its 200 day moving average price is $16.50.
The company also recently declared a quarterly dividend, which was paid on Friday, August 11th. Investors of record on Tuesday, August 1st were issued a dividend of $0.525 per share. The ex-dividend date was Friday, July 28th. This represents a $2.10 dividend on an annualized basis and a yield of 13.47%. USA Compression Partners,’s dividend payout ratio is currently 7,000.00%.
Large investors have recently bought and sold shares of the stock. IHT Wealth Management LLC bought a new stake in USA Compression Partners, during the 2nd quarter valued at $241,000. Global X Management Co. LLC raised its holdings in USA Compression Partners, by 5.9% during the 1st quarter. Global X Management Co. LLC now owns 8,788 shares of the oil and gas company’s stock valued at $148,000 after buying an additional 490 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in USA Compression Partners, during the 2nd quarter valued at $225,000. Atlantic Trust Group LLC bought a new stake in USA Compression Partners, during the 1st quarter valued at $254,000. Finally, Financial Counselors Inc. bought a new stake in USA Compression Partners, during the 1st quarter valued at $297,000.
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About USA Compression Partners,
USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.
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