JPMorgan Chase & Co. Reiterates $23.00 Price Target for Usa Compression Partners (USAC)

Usa Compression Partners (NYSE:USAC) received a $23.00 price objective from stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the oil and gas company’s stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 27.28% from the company’s current price.

A number of other equities research analysts have also commented on the company. Zacks Investment Research lowered Usa Compression Partners from a “hold” rating to a “sell” rating in a research report on Saturday, January 20th. Royal Bank of Canada raised their price target on Usa Compression Partners from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, November 8th. BidaskClub lowered Usa Compression Partners from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 31st. B. Riley set a $18.00 price target on Usa Compression Partners and gave the stock a “neutral” rating in a research report on Monday, December 18th. Finally, ValuEngine lowered Usa Compression Partners from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Usa Compression Partners has an average rating of “Hold” and an average price target of $19.60.

Usa Compression Partners (NYSE:USAC) traded up $0.14 during midday trading on Tuesday, hitting $18.07. The stock had a trading volume of 283,452 shares, compared to its average volume of 215,708. The firm has a market capitalization of $1,120.00, a price-to-earnings ratio of 112.94 and a beta of 1.26. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.74 and a current ratio of 1.35. Usa Compression Partners has a 52 week low of $14.30 and a 52 week high of $19.33.

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

A number of institutional investors have recently made changes to their positions in USAC. Morris Capital Advisors LLC acquired a new stake in Usa Compression Partners in the 4th quarter valued at approximately $171,000. Virtu Financial LLC acquired a new stake in Usa Compression Partners in the 4th quarter valued at approximately $362,000. HITE Hedge Asset Management LLC acquired a new stake in Usa Compression Partners in the 3rd quarter valued at approximately $471,000. Arrow Investment Advisors LLC raised its position in Usa Compression Partners by 10.6% in the 3rd quarter. Arrow Investment Advisors LLC now owns 45,272 shares of the oil and gas company’s stock valued at $757,000 after buying an additional 4,336 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its position in 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 valued at $1,459,000 after buying an additional 9,543 shares during the last quarter.

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Usa Compression Partners Company Profile

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)

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