Equities research analysts predict that USA Compression Partners LP (NYSE:USAC) will report earnings per share (EPS) of ($0.02) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for USA Compression Partners’ earnings, with the lowest EPS estimate coming in at ($0.05) and the highest estimate coming in at ($0.01). USA Compression Partners posted earnings per share of $0.07 during the same quarter last year, which suggests a negative year-over-year growth rate of 128.6%. The business is scheduled to announce its next earnings report on Tuesday, November 6th.

According to Zacks, analysts expect that USA Compression Partners will report full year earnings of ($0.29) per share for the current fiscal year, with EPS estimates ranging from ($0.37) to ($0.20). For the next year, analysts expect that the business will report earnings of $0.13 per share, with EPS estimates ranging from ($0.12) to $0.28. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover USA Compression Partners.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, August 7th. The oil and gas company reported ($0.64) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.56). USA Compression Partners had a negative net margin of 0.72% and a positive return on equity of 2.24%. The business had revenue of $166.90 million for the quarter, compared to analysts’ expectations of $151.67 million.

Several equities analysts have weighed in on the stock. Wells Fargo & Co dropped their target price on shares of USA Compression Partners from $20.00 to $19.00 and set a “market perform” rating for the company in a report on Thursday. Mitsubishi UFJ Financial Group assumed coverage on shares of USA Compression Partners in a report on Wednesday, September 5th. They set an “overweight” rating and a $22.00 target price for the company. B. Riley restated a “buy” rating and set a $21.00 target price on shares of USA Compression Partners in a report on Friday, August 31st. Finally, ValuEngine upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $20.57.

NYSE:USAC opened at $16.71 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 1.11. USA Compression Partners has a twelve month low of $15.30 and a twelve month high of $19.33. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 104.44 and a beta of 1.18.

Hedge funds and other institutional investors have recently modified their holdings of the company. Deutsche Bank AG grew its holdings in shares of USA Compression Partners by 4,236.1% during the fourth quarter. Deutsche Bank AG now owns 7,805 shares of the oil and gas company’s stock worth $129,000 after buying an additional 7,625 shares in the last quarter. Stephens Inc. AR purchased a new stake in shares of USA Compression Partners during the second quarter worth about $198,000. Partnervest Advisory Services LLC purchased a new stake in shares of USA Compression Partners during the second quarter worth about $233,000. Ipswich Investment Management Co. Inc. purchased a new stake in shares of USA Compression Partners during the second quarter worth about $247,000. Finally, Wells Fargo & Company MN grew its holdings in shares of USA Compression Partners by 41.8% during the first quarter. Wells Fargo & Company MN now owns 16,784 shares of the oil and gas company’s stock worth $284,000 after buying an additional 4,949 shares in the last quarter. Institutional investors and hedge funds own 42.17% of the company’s stock.

About USA Compression Partners

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.

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