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

USA Compression Partners, LP (NYSE:USAC) has been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $29.25.

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on USA Compression Partners from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, June 5th. Zacks Research downgraded USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Citigroup increased their target price on USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Finally, Mizuho lifted their target price on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th.

Institutional Investors Weigh In On USA Compression Partners

Large investors have recently added to or reduced their stakes in the stock. Morgan Stanley increased its stake in shares of USA Compression Partners by 123.5% during the fourth quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company’s stock valued at $62,390,000 after buying an additional 1,498,928 shares during the period. Goldman Sachs Group Inc. lifted its stake in USA Compression Partners by 82.7% in 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 acquiring an additional 1,296,339 shares during the period. JPMorgan Chase & Co. lifted its stake in USA Compression Partners by 29.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,599,073 shares of the oil and gas company’s stock worth $105,779,000 after acquiring an additional 1,056,548 shares during the period. Alps Advisors Inc. grew its holdings in USA Compression Partners by 3.8% during the 4th quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company’s stock worth $408,209,000 after acquiring an additional 642,462 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in 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 worth $10,038,000 after acquiring an additional 234,730 shares in the last quarter. 47.77% of the stock is owned by hedge funds and other institutional investors.

USA Compression Partners Stock Performance

Shares of NYSE:USAC opened at $26.67 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 0.68 and a debt-to-equity ratio of 10.25. USA Compression Partners has a 12 month low of $21.85 and a 12 month high of $30.55. The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 25.16 and a beta of 0.22. The firm’s 50-day moving average is $26.28 and its 200 day moving average is $27.12.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.03. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. The business had revenue of $342.15 million during the quarter, compared to the consensus estimate of $340.49 million. Research analysts predict that USA Compression Partners will post 1 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend was Monday, July 27th. USA Compression Partners’s dividend payout ratio (DPR) is currently 198.11%.

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.