USA Compression Partners (NYSE:USAC) Shares Down 4.4% – Should You Sell?

USA Compression Partners, LP (NYSE:USAC)’s share price dropped 4.4% during mid-day trading on Friday . The company traded as low as $26.86 and last traded at $27.0390. Approximately 79,616 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 207,392 shares. The stock had previously closed at $28.29.

Analysts Set New Price Targets

USAC has been the topic of a number of research analyst reports. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Stifel Nicolaus lifted their price target on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Wednesday, February 18th. Citigroup lifted 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 lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $28.40.

USA Compression Partners Price Performance

The firm has a market cap of $3.87 billion, a PE ratio of 27.52 and a beta of 0.21. The stock’s fifty day moving average price is $27.93 and its 200-day moving average price is $26.47. 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 (NYSE:USAC) last released its earnings results 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). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The business had revenue of $331.28 million for the quarter, compared to analysts’ expectations of $308.35 million. As a group, equities analysts expect that USA Compression Partners, LP will post 1.21 EPS 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.9%. USA Compression Partners’s dividend payout ratio is presently 216.49%.

Institutional Investors Weigh In On USA Compression Partners

A number of large investors have recently modified their holdings of USAC. Goldman Sachs Group Inc. grew its holdings in shares of USA Compression Partners by 82.7% during the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after buying an additional 1,296,339 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of USA Compression Partners by 1.5% during the second quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock worth $13,340,000 after buying an additional 8,169 shares in the last quarter. HRT Financial LP purchased a new stake in shares of USA Compression Partners during the second quarter worth $1,555,000. Corient Private Wealth LLC grew its holdings in shares of USA Compression Partners by 131.7% during the second quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock worth $10,038,000 after buying an additional 234,730 shares in the last quarter. Finally, State of Wyoming purchased a new stake in shares of USA Compression Partners during the third quarter worth $64,000. Hedge funds and other institutional investors own 47.77% of the company’s stock.

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.