USA Compression Partners LP (NYSE:USAC) has received an average recommendation of “Hold” from the nine research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $20.60.
Several equities research analysts have recently commented on the stock. Wells Fargo & Co reduced their target price on shares of USA Compression Partners from $20.00 to $19.00 and set a “market perform” rating on the stock in a research note on Thursday, September 13th. Zacks Investment Research downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. B. Riley restated a “buy” rating and issued a $21.00 target price on shares of USA Compression Partners in a research note on Friday, August 31st. ValuEngine upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research note on Wednesday, August 8th. Finally, Mitsubishi UFJ Financial Group assumed coverage on shares of USA Compression Partners in a research note on Wednesday, September 5th. They issued an “overweight” rating and a $22.00 target price on the stock.
Shares of NYSE:USAC opened at $14.80 on Wednesday. USA Compression Partners has a 52 week low of $14.42 and a 52 week high of $19.33. The company has a current ratio of 1.39, a quick ratio of 0.86 and a debt-to-equity ratio of 1.11.
USA Compression Partners (NYSE:USAC) last issued its earnings results on Tuesday, August 7th. The oil and gas company reported ($0.64) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.56). USA Compression Partners had a negative net margin of 0.72% and a positive return on equity of 2.24%. The firm had revenue of $166.90 million during the quarter, compared to analyst estimates of $151.67 million. As a group, sell-side analysts predict that USA Compression Partners will post -0.31 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, November 9th. Investors of record on Monday, October 29th will be given a dividend of $0.525 per share. This is an increase from USA Compression Partners’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, October 26th. This represents a $2.10 annualized dividend and a yield of 14.19%. USA Compression Partners’s dividend payout ratio is 1,312.50%.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Stockman Wealth Management Inc. lifted its position in USA Compression Partners by 9.6% during the 3rd quarter. Stockman Wealth Management Inc. now owns 57,302 shares of the oil and gas company’s stock worth $946,000 after buying an additional 5,000 shares in the last quarter. Partnervest Advisory Services LLC lifted its position in USA Compression Partners by 55.2% during the 3rd quarter. Partnervest Advisory Services LLC now owns 21,449 shares of the oil and gas company’s stock worth $354,000 after buying an additional 7,626 shares in the last quarter. Albert D Mason Inc. lifted its position in USA Compression Partners by 16.4% during the 3rd quarter. Albert D Mason Inc. now owns 33,431 shares of the oil and gas company’s stock worth $552,000 after buying an additional 4,705 shares in the last quarter. Securian Asset Management Inc acquired a new position in USA Compression Partners during the 3rd quarter worth about $1,223,000. Finally, First Trust Advisors LP lifted its position in USA Compression Partners by 30.4% during the 3rd quarter. First Trust Advisors LP now owns 530,605 shares of the oil and gas company’s stock worth $8,760,000 after buying an additional 123,621 shares in the last quarter. Institutional investors and hedge funds own 42.31% of the company’s stock.
About USA Compression Partners
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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