Equities research analysts forecast that USA Compression Partners LP (NYSE:USAC) will report $173.32 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for USA Compression Partners’ earnings, with the lowest sales estimate coming in at $170.30 million and the highest estimate coming in at $176.20 million. USA Compression Partners reported sales of $168.95 million in the same quarter last year, which would suggest a positive year over year growth rate of 2.6%. The company is scheduled to report its next quarterly earnings report on Tuesday, November 5th.
According to Zacks, analysts expect that USA Compression Partners will report full year sales of $692.98 million for the current financial year, with estimates ranging from $686.30 million to $698.60 million. For the next year, analysts forecast that the company will post sales of $723.80 million, with estimates ranging from $709.43 million to $745.40 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow USA Compression Partners.
USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, August 6th. The oil and gas company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.03. The company had revenue of $173.70 million for the quarter, compared to analysts’ expectations of $172.87 million. USA Compression Partners had a net margin of 3.82% and a return on equity of 1.93%. USA Compression Partners’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.10) earnings per share.
Several brokerages recently issued reports on USAC. Royal Bank of Canada set a $18.00 target price on shares of USA Compression Partners and gave the company a “buy” rating in a research note on Wednesday, August 7th. ValuEngine cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. UBS Group set a $17.00 target price on shares of USA Compression Partners and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Finally, Zacks Investment Research raised shares of USA Compression Partners from a “sell” rating to a “hold” rating in a report on Friday, July 19th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. USA Compression Partners currently has an average rating of “Buy” and an average price target of $19.29.
Several hedge funds have recently added to or reduced their stakes in USAC. Winslow Evans & Crocker Inc. bought a new position in shares of USA Compression Partners during the 2nd quarter valued at $34,000. SG Americas Securities LLC bought a new stake in USA Compression Partners in the 2nd quarter worth $145,000. New England Private Wealth Advisors LLC purchased a new stake in shares of USA Compression Partners in the 1st quarter worth about $156,000. Wells Fargo & Company MN lifted its position in shares of USA Compression Partners by 16.9% in the 2nd quarter. Wells Fargo & Company MN now owns 9,708 shares of the oil and gas company’s stock worth $173,000 after purchasing an additional 1,405 shares during the period. Finally, Stephens Inc. AR purchased a new stake in shares of USA Compression Partners in the 2nd quarter worth about $178,000. 31.79% of the stock is currently owned by institutional investors.
Shares of USA Compression Partners stock traded up $0.10 during trading on Wednesday, reaching $15.95. The company’s stock had a trading volume of 139,950 shares, compared to its average volume of 251,597. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.82 and a current ratio of 1.36. The business’s fifty day moving average price is $17.43 and its 200-day moving average price is $16.73. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of -37.09 and a beta of 1.28. USA Compression Partners has a one year low of $12.09 and a one year high of $19.00.
The firm also recently announced a quarterly dividend, which was paid on Friday, August 9th. Investors of record on Monday, July 29th were issued a dividend of $0.525 per share. The ex-dividend date was Friday, July 26th. This represents a $2.10 annualized dividend and a dividend yield of 13.17%. This is a positive change from USA Compression Partners’s previous quarterly dividend of $0.51. USA Compression Partners’s dividend payout ratio (DPR) is currently -488.37%.
USA Compression Partners Company Profile
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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