USA Compression Partners, LP (NYSE:USAC) Receives $27.00 Consensus Target Price from Brokerages

USA Compression Partners, LP (NYSE:USAC) has earned a consensus rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $27.00.

Several analysts have recently weighed in on the stock. Stifel Nicolaus raised their price objective on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research report on Wednesday, February 18th. Texas Capital upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 9th. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. 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. Finally, Citigroup raised their price objective on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors and hedge funds have recently made changes to their positions in USAC. Alps Advisors Inc. grew its holdings 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 valued at $410,538,000 after purchasing an additional 1,500,640 shares during the last quarter. Morgan Stanley grew its holdings in shares of 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. Goldman Sachs Group Inc. grew its holdings in shares of USA Compression Partners by 82.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock valued at $77,254,000 after purchasing an additional 1,296,339 shares during the last quarter. JPMorgan Chase & Co. grew its holdings 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 valued at $105,779,000 after purchasing an additional 1,056,548 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of USA Compression Partners by 131.7% during the 2nd quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock valued at $10,038,000 after purchasing an additional 234,730 shares during the last quarter. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

USA Compression Partners stock opened at $28.57 on Friday. The firm’s fifty day moving average price is $27.94 and its 200-day moving average price is $26.32. The company has a debt-to-equity ratio of 9.41, a quick ratio of 0.86 and a current ratio of 1.55. The stock has a market cap of $4.14 billion, a P/E ratio of 29.45 and a beta of 0.21. USA Compression Partners has a fifty-two week low of $21.85 and a fifty-two week high of $30.55.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.08). The company had revenue of $331.28 million for the quarter, compared to analysts’ expectations 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 research analysts expect that USA Compression Partners will post 1.21 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were issued 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 7.4%. USA Compression Partners’s dividend payout ratio (DPR) is currently 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.