Usa Compression Partners (NYSE:USAC) issued its earnings results on Monday. The oil and gas company reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.04), Morningstar.com reports. Usa Compression Partners had a net margin of 4.08% and a return on equity of 1.68%. The firm had revenue of $75.40 million during the quarter, compared to analyst estimates of $75.42 million. During the same quarter in the prior year, the firm posted $0.05 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis.
Shares of Usa Compression Partners (USAC) opened at $18.07 on Wednesday. Usa Compression Partners has a 52 week low of $14.30 and a 52 week high of $19.33. The company has a quick ratio of 0.74, a current ratio of 1.35 and a debt-to-equity ratio of 1.14. The company has a market cap of $1,115.15, a price-to-earnings ratio of 112.06 and a beta of 1.23.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Stockholders of record on Friday, February 2nd will be paid a $0.525 dividend. The ex-dividend date is Thursday, February 1st. This represents a $2.10 annualized dividend and a dividend yield of 11.62%. Usa Compression Partners’s dividend payout ratio is presently 1,312.58%.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Morris Capital Advisors LLC acquired a new position in Usa Compression Partners during the 4th quarter worth about $171,000. Virtu Financial LLC acquired a new position in Usa Compression Partners during the 4th quarter worth about $362,000. HITE Hedge Asset Management LLC acquired a new position in Usa Compression Partners during the 3rd quarter worth about $471,000. Arrow Investment Advisors LLC lifted its position in Usa Compression Partners by 10.6% during the 3rd quarter. Arrow Investment Advisors LLC now owns 45,272 shares of the oil and gas company’s stock worth $757,000 after buying an additional 4,336 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in Usa Compression Partners by 12.3% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 87,264 shares of the oil and gas company’s stock worth $1,459,000 after buying an additional 9,543 shares in the last quarter.
Several equities research analysts have recently commented on USAC shares. Zacks Investment Research downgraded shares of Usa Compression Partners from a “hold” rating to a “sell” rating in a research note on Saturday, January 20th. BidaskClub downgraded shares of Usa Compression Partners from a “sell” rating to a “strong sell” rating in a research note on Tuesday, October 31st. JPMorgan Chase & Co. set a $23.00 target price on shares of Usa Compression Partners and gave the company a “buy” rating in a research note on Tuesday. Royal Bank of Canada boosted their target price on shares of Usa Compression Partners from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, November 8th. Finally, ValuEngine downgraded shares of Usa Compression Partners from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $19.60.
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About Usa Compression Partners
USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.
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