USA Compression Partners, LP (NYSE:USAC) Given Consensus Recommendation of “Hold” by Brokerages

USA Compression Partners, LP (NYSE:USAC) has been given an average recommendation of “Hold” by the six research firms that are currently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $29.25.

A number of research analysts have recently issued reports on the stock. Texas Capital upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Royal Bank Of Canada lifted their price objective on shares of USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, June 5th. Citigroup lifted their price objective on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Finally, Mizuho lifted their price objective on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, June 12th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in USA Compression Partners by 233.3% during the third quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 1,010 shares during the last quarter. MV Capital Management Inc. purchased a new position in USA Compression Partners during the fourth quarter worth about $86,000. One Charles Private Wealth Services LLC purchased a new position in USA Compression Partners during the first quarter worth about $212,000. Texas Yale Capital Corp. purchased a new position in USA Compression Partners during the fourth quarter worth about $224,000. Finally, Arista Wealth Management LLC purchased a new position in USA Compression Partners during the fourth quarter worth about $230,000. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Trading Up 2.8%

NYSE:USAC opened at $25.76 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 0.86 and a debt-to-equity ratio of 9.41. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 26.55 and a beta of 0.21. The firm has a fifty day simple moving average of $27.67 and a two-hundred day simple moving average of $26.52. USA Compression Partners has a 12 month low of $21.85 and a 12 month high of $30.55.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data 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). The business had revenue of $331.28 million for the quarter, compared to analyst estimates of $308.35 million. USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. Analysts expect that USA Compression Partners will post 1.21 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently declared 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 was Monday, April 27th. This represents a $2.10 annualized dividend and a yield of 8.2%. USA Compression Partners’s payout ratio is 216.49%.

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.