Usa Compression Partners (USAC) PT Set at $21.00 by B. Riley

Usa Compression Partners (NYSE:USAC) received a $21.00 price objective from stock analysts at B. Riley in a research note issued on Monday. The brokerage currently has a “buy” rating on the oil and gas company’s stock. B. Riley’s price target would indicate a potential upside of 18.11% from the company’s current price.

Other analysts also recently issued research reports about the company. BidaskClub upgraded Usa Compression Partners from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 7th. Zacks Investment Research downgraded Usa Compression Partners from a “hold” rating to a “sell” rating in a research note on Saturday, January 20th. ValuEngine downgraded Usa Compression Partners from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. upgraded Usa Compression Partners from a “neutral” rating to an “overweight” rating and set a $22.00 target price for the company in a research note on Friday, January 19th. Finally, Royal Bank of Canada increased their target price on Usa Compression Partners from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $19.40.

Shares of Usa Compression Partners (NYSE USAC) traded up $0.64 during midday trading on Monday, hitting $17.78. The stock had a trading volume of 38,814 shares, compared to its average volume of 214,584. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.74 and a current ratio of 1.35. The firm has a market cap of $1,300.00, a price-to-earnings ratio of 118.53 and a beta of 1.26. Usa Compression Partners has a fifty-two week low of $14.30 and a fifty-two week high of $19.33.

Usa Compression Partners (NYSE:USAC) last announced its earnings results on Monday, February 12th. The oil and gas company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.04). Usa Compression Partners had a net margin of 3.63% and a return on equity of 1.62%. The business had revenue of $75.40 million for the quarter, compared to the consensus estimate of $75.42 million. During the same quarter in the previous year, the company earned $0.05 EPS. Usa Compression Partners’s revenue for the quarter was up .7% compared to the same quarter last year. analysts predict that Usa Compression Partners will post 0.26 earnings per share for the current year.

A number of large investors have recently made changes to their positions in USAC. Harvest Fund Advisors LLC lifted its position in shares of Usa Compression Partners by 21.1% in the 3rd quarter. Harvest Fund Advisors LLC now owns 2,245,460 shares of the oil and gas company’s stock worth $37,544,000 after acquiring an additional 391,139 shares during the period. HITE Hedge Asset Management LLC bought a new stake in shares of Usa Compression Partners in the 3rd quarter worth approximately $471,000. Riverstone Holdings LLC lifted its position in shares of Usa Compression Partners by 1.9% in the 3rd quarter. Riverstone Holdings LLC now owns 24,327,534 shares of the oil and gas company’s stock worth $406,756,000 after acquiring an additional 444,558 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Usa Compression Partners by 8.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,003,214 shares of the oil and gas company’s stock worth $16,412,000 after acquiring an additional 79,270 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its position in shares of Usa Compression Partners by 12.3% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 87,264 shares of the oil and gas company’s stock worth $1,459,000 after acquiring an additional 9,543 shares during the period.

ILLEGAL ACTIVITY NOTICE: “Usa Compression Partners (USAC) PT Set at $21.00 by B. Riley” was posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and international trademark and copyright law. The original version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/12/usa-compression-partners-usac-pt-set-at-21-00-by-b-riley.html.

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.

Analyst Recommendations for Usa Compression Partners (NYSE:USAC)

Receive News & Ratings for Usa Compression Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Usa Compression Partners and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply