USA Compression Partners (NYSE:USAC) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

USA Compression Partners, LP (NYSE:USAC) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $26.59 and traded as low as $26.09. USA Compression Partners shares last traded at $26.36, with a volume of 67,376 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on USAC shares. Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Citigroup increased their target price on USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Mizuho lifted their price target on USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. Zacks Research cut USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Finally, Royal Bank Of Canada upped their price objective on 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. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $29.25.

USA Compression Partners Price Performance

The business has a 50-day simple moving average of $27.56 and a 200 day simple moving average of $26.59. The stock has a market cap of $3.82 billion, a P/E ratio of 27.18 and a beta of 0.21. The company has a current ratio of 1.55, a quick ratio of 0.86 and a debt-to-equity ratio of 9.41.

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 analysts’ consensus estimates of $0.35 by ($0.08). The company had revenue of $331.27 million for the quarter, compared to the consensus estimate of $308.35 million. USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%. On average, analysts forecast that USA Compression Partners, LP will post 1.06 earnings per share for the current year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Monday, April 27th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, April 27th. This represents a $2.10 annualized dividend and a yield of 8.0%. USA Compression Partners’s dividend payout ratio (DPR) is presently 216.49%.

Institutional Trading of USA Compression Partners

A number of institutional investors have recently bought and sold shares of USAC. Royal Bank of Canada raised its position in shares of USA Compression Partners by 38.5% in the 1st quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock worth $4,776,000 after acquiring an additional 48,978 shares in the last quarter. Infrastructure Capital Advisors LLC grew its holdings in USA Compression Partners by 2.4% in the first quarter. Infrastructure Capital Advisors LLC now owns 314,657 shares of the oil and gas company’s stock worth $8,533,000 after purchasing an additional 7,226 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. One Charles Private Wealth Services LLC bought a new stake in USA Compression Partners in the first quarter valued at $212,000. Finally, D.A. Davidson & CO. increased its stake in USA Compression Partners by 1.6% in the first quarter. D.A. Davidson & CO. now owns 28,790 shares of the oil and gas company’s stock valued at $781,000 after purchasing an additional 447 shares in the last quarter. 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.