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

Shares of USA Compression Partners, LP (NYSE:USAC) have been assigned an average rating of “Hold” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $29.25.

Several research firms have recently issued reports on USAC. Royal Bank Of Canada raised their price target on shares of USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, June 5th. Zacks Research downgraded shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Citigroup raised 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. Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th. Finally, Mizuho raised their price target on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, June 12th.

USA Compression Partners Stock Performance

Shares of USA Compression Partners stock opened at $25.76 on Tuesday. USA Compression Partners has a fifty-two week low of $21.85 and a fifty-two week high of $30.55. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86. The firm has a market capitalization of $3.73 billion, a P/E ratio of 26.55 and a beta of 0.21. The company’s 50 day moving average price is $27.67 and its two-hundred day moving average price is $26.52.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings results 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). The business had revenue of $331.28 million for the quarter, compared to the consensus estimate of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. On average, equities analysts forecast that USA Compression Partners will post 1.21 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend was Monday, April 27th. USA Compression Partners’s dividend payout ratio (DPR) is currently 216.49%.

Hedge Funds Weigh In On USA Compression Partners

A number of hedge funds have recently bought and sold shares of the company. D.A. Davidson & CO. raised its stake in USA Compression Partners by 1.6% during the first quarter. D.A. Davidson & CO. now owns 28,790 shares of the oil and gas company’s stock worth $781,000 after buying an additional 447 shares during the last quarter. Royal Bank of Canada grew its holdings in USA Compression Partners by 0.4% in the fourth quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock worth $2,924,000 after purchasing an additional 521 shares during the period. Kestra Advisory Services LLC grew its holdings in USA Compression Partners by 1.2% in the first quarter. Kestra Advisory Services LLC now owns 46,340 shares of the oil and gas company’s stock worth $1,257,000 after purchasing an additional 540 shares during the period. Cetera Investment Advisers grew its holdings in USA Compression Partners by 2.4% in the first quarter. Cetera Investment Advisers now owns 28,636 shares of the oil and gas company’s stock worth $777,000 after purchasing an additional 674 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in USA Compression Partners by 5.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the oil and gas company’s stock worth $310,000 after purchasing an additional 724 shares during the period. Institutional investors own 47.77% of the company’s stock.

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.