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

USA Compression Partners, LP (NYSE:USAC) has earned a consensus recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $29.50.

USAC has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Citigroup lifted their price target on USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Mizuho upped their price objective on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. Zacks Research raised USA Compression Partners from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Finally, Royal Bank Of Canada lifted their target price on USA Compression Partners from $30.00 to $31.00 and gave the company a “sector perform” rating in a research note on Tuesday, September 1st.

Insider Activity

In other news, Director Bradford Whitehurst acquired 6,000 shares of USA Compression Partners stock in a transaction that occurred on Friday, August 21st. The stock was purchased at an average price of $26.10 per share, for a total transaction of $156,600.00. Following the purchase, the director directly owned 43,616 shares in the company, valued at $1,138,377.60. The trade was a 15.95% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Institutional Investors Weigh In On USA Compression Partners

Several institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets grew its holdings in USA Compression Partners by 233.3% in 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 stake in shares of USA Compression Partners during the 4th quarter valued at $86,000. First Bancorp Inc ME purchased a new stake in shares of USA Compression Partners during the 2nd quarter valued at $117,000. One Charles Private Wealth Services LLC acquired a new stake in shares of USA Compression Partners in the 1st quarter worth $212,000. Finally, Texas Yale Capital Corp. acquired a new stake in shares of USA Compression Partners in the 4th quarter worth $224,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

USA Compression Partners Stock Performance

Shares of USA Compression Partners stock opened at $27.27 on Friday. The firm has a market cap of $3.95 billion, a P/E ratio of 25.73 and a beta of 0.23. 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 stock’s fifty day moving average price is $26.49 and its 200-day moving average price is $27.18.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $342.15 million during the quarter, compared to analyst estimates of $340.49 million. On average, equities research analysts expect that USA Compression Partners will post 1.17 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, July 27th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date 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.