USA Compression Partners, LP (NYSE:USAC) Receives $29.25 Average Target Price from Analysts

Shares of USA Compression Partners, LP (NYSE:USAC) have earned a consensus recommendation of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $29.25.

USAC has been the subject of several research analyst reports. Royal Bank Of Canada boosted their price objective on shares of USA Compression Partners from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, June 5th. Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Zacks Research lowered shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Citigroup lifted their target price on shares of USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, Mizuho lifted their target price on shares of USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, June 12th.

Institutional Trading of USA Compression Partners

A number of institutional investors have recently bought and sold shares of USAC. Goldman Sachs Group Inc. grew its holdings in USA Compression Partners by 82.7% during the 1st 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. Raymond James Financial Inc. grew its holdings in USA Compression Partners by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock worth $13,340,000 after acquiring an additional 8,169 shares during the period. HRT Financial LP acquired a new stake in USA Compression Partners during the 2nd quarter worth $1,555,000. 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 during the period. Finally, Citigroup Inc. acquired a new position in shares of USA Compression Partners in the 3rd quarter valued at $2,553,000. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

USAC stock opened at $26.51 on Tuesday. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86. The company has a 50 day moving average price of $27.57 and a 200 day moving average price of $26.55. USA Compression Partners has a fifty-two week low of $21.85 and a fifty-two week high of $30.55. The stock has a market capitalization of $3.84 billion, a PE ratio of 27.33 and a beta of 0.21.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.08). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The company had revenue of $331.28 million during the quarter, compared to the consensus estimate of $308.35 million. Analysts forecast that USA Compression Partners will post 1.06 EPS for the current year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Monday, April 27th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend was Monday, April 27th. USA Compression Partners’s payout ratio is currently 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.