USA Compression Partners, LP (NYSE:USAC) Receives Average Rating of “Hold” from Brokerages

USA Compression Partners, LP (NYSE:USAC) has been given an average rating of “Hold” by the six ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $27.00.

USAC has been the topic of a number of recent research reports. Citigroup upped their price target on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Stifel Nicolaus increased their price target on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Zacks Research lowered USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. Finally, Texas Capital raised USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th.

USA Compression Partners Stock Performance

NYSE USAC opened at $28.72 on Friday. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86. USA Compression Partners has a 1-year low of $21.85 and a 1-year high of $30.55. The business has a 50 day simple moving average of $27.96 and a two-hundred day simple moving average of $26.16. The stock has a market capitalization of $4.16 billion, a PE ratio of 29.61 and a beta of 0.22.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.08). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The firm had revenue of $331.28 million for the quarter, compared to analysts’ expectations of $308.35 million. On average, research analysts predict that USA Compression Partners will post 1.21 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Monday, April 27th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, April 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.3%. USA Compression Partners’s payout ratio is currently 216.49%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Alps Advisors Inc. increased its position in USA Compression Partners by 3.8% during the fourth quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company’s stock valued at $408,209,000 after acquiring an additional 642,462 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of USA Compression Partners by 29.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,599,073 shares of the oil and gas company’s stock worth $105,779,000 after purchasing an additional 1,056,548 shares during the period. Goldman Sachs Group Inc. grew its holdings in USA Compression Partners by 9.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,344,670 shares of the oil and gas company’s stock valued at $76,927,000 after purchasing an additional 302,491 shares during the last quarter. Morgan Stanley grew its holdings in USA Compression Partners by 123.5% during the 4th quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company’s stock valued at $62,390,000 after purchasing an additional 1,498,928 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in USA Compression Partners by 2.5% in the 3rd quarter. Raymond James Financial Inc. now owns 562,735 shares of the oil and gas company’s stock worth $13,506,000 after purchasing an additional 13,992 shares during the period. 47.77% of the stock is owned by hedge funds and other institutional investors.

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.