USA Compression Partners, LP (NYSE:USAC) Receives $26.67 Average Price Target from Analysts

Shares of USA Compression Partners, LP (NYSE:USAC) have earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $26.6667.

USAC has been the subject of several research reports. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a report on Tuesday, December 2nd. Mizuho upped their price objective on shares of USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Zacks Research raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Stifel Nicolaus raised their target price on shares of USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research note on Wednesday, February 18th. Finally, Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th.

Hedge Funds Weigh In On USA Compression Partners

A number of large investors have recently made changes to their positions in USAC. ING Groep NV bought a new position in USA Compression Partners during the third quarter worth about $5,158,000. Citigroup Inc. bought a new stake in USA Compression Partners in the 3rd quarter valued at about $2,553,000. Alps Advisors Inc. grew its position in shares of USA Compression Partners by 9.6% during the 3rd quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock worth $410,538,000 after purchasing an additional 1,500,640 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of USA Compression Partners by 274.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock worth $130,085,000 after purchasing an additional 3,922,383 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of USA Compression Partners by 14.1% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock worth $128,971,000 after purchasing an additional 654,001 shares during the period. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

Shares of USAC stock opened at $28.54 on Friday. USA Compression Partners has a 52-week low of $21.59 and a 52-week high of $28.90. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 33.97 and a beta of 0.22. The firm’s 50-day moving average is $26.50 and its 200-day moving average is $24.59.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. USA Compression Partners had a negative return on equity of 87.34% and a net margin of 11.15%.The business had revenue of $252.48 million during the quarter, compared to analysts’ expectations of $253.43 million. Sell-side analysts predict that USA Compression Partners will post 1.05 EPS for the current fiscal year.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, January 26th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Monday, January 26th. USA Compression Partners’s payout ratio is currently 250.00%.

About USA Compression Partners

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.