Analysts Set USA Compression Partners, LP (NYSE:USAC) PT at $29.25

Shares of USA Compression Partners, LP (NYSE:USAC) have been assigned a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $29.25.

A number of research analysts recently commented on the company. Royal Bank Of Canada increased their target price 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. Zacks Research cut USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. 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 note on Wednesday, May 13th. Mizuho increased their target price 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. Finally, Texas Capital raised USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th.

Institutional Trading of USA Compression Partners

Several institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in USA Compression Partners by 38.5% during the first quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock valued at $4,776,000 after buying an additional 48,978 shares during the period. Infrastructure Capital Advisors LLC boosted its position in USA Compression Partners by 2.4% during the first quarter. Infrastructure Capital Advisors LLC now owns 314,657 shares of the oil and gas company’s stock valued at $8,533,000 after buying an additional 7,226 shares during the period. Cetera Investment Advisers boosted its position in USA Compression Partners by 2.4% during the first quarter. Cetera Investment Advisers now owns 28,636 shares of the oil and gas company’s stock valued at $777,000 after buying an additional 674 shares during the period. One Charles Private Wealth Services LLC purchased a new stake in USA Compression Partners during the first quarter valued at about $212,000. Finally, D.A. Davidson & CO. boosted its position 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 valued at $781,000 after buying an additional 447 shares during the period. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Stock Down 0.1%

USAC opened at $26.32 on Tuesday. The stock has a market cap of $3.82 billion, a PE ratio of 27.14 and a beta of 0.21. The company has a quick ratio of 0.86, a current ratio of 1.55 and a debt-to-equity ratio of 9.41. USA Compression Partners has a 52 week low of $21.85 and a 52 week high of $30.55. The business’s fifty day simple moving average is $27.56 and its 200 day simple moving average is $26.58.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). The firm had revenue of $331.28 million during 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%. As a group, research analysts expect that USA Compression Partners will post 1.06 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

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

USA Compression Partners Company Profile

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.