USA Compression Partners LP (USAC) Receives $20.67 Average Price Target from Brokerages

Shares of USA Compression Partners LP (NYSE:USAC) have earned an average recommendation of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $20.67.

A number of research analysts have weighed in on USAC shares. Zacks Investment Research upgraded USA Compression Partners from a “strong sell” rating to a “hold” rating in a report on Thursday, April 19th. ValuEngine upgraded USA Compression Partners from a “hold” rating to a “buy” rating in a report on Wednesday, May 16th. Janney Montgomery Scott reiterated a “buy” rating on shares of USA Compression Partners in a report on Wednesday, April 18th. Finally, B. Riley set a $21.00 target price on USA Compression Partners and gave the stock a “buy” rating in a report on Wednesday, May 9th.

USA Compression Partners traded down $0.34, reaching $16.10, during midday trading on Monday, according to MarketBeat.com. 317,668 shares of the company’s stock traded hands, compared to its average volume of 252,628. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 100.63 and a beta of 1.24. The company has a debt-to-equity ratio of 2.59, a current ratio of 7.12 and a quick ratio of 6.81. USA Compression Partners has a 52 week low of $14.55 and a 52 week high of $19.33.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings results on Wednesday, May 9th. The oil and gas company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $77.70 million during the quarter, compared to analyst estimates of $78.39 million. USA Compression Partners had a positive return on equity of 2.54% and a negative net margin of 1.88%. USA Compression Partners’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 EPS. sell-side analysts expect that USA Compression Partners will post -0.18 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 10th. Shareholders of record on Monday, July 30th will be issued 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, July 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 13.04%. USA Compression Partners’s dividend payout ratio is 1,312.50%.

In other USA Compression Partners news, insider Usa Compression Holdings, Llc sold 5,000,000 shares of the company’s stock in a transaction that occurred on Friday, June 15th. The stock was sold at an average price of $16.00, for a total transaction of $80,000,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Hedge funds have recently bought and sold shares of the business. Deutsche Bank AG grew its stake in shares of USA Compression Partners by 4,236.1% in the 4th quarter. Deutsche Bank AG now owns 7,805 shares of the oil and gas company’s stock worth $129,000 after buying an additional 7,625 shares during the last quarter. Ipswich Investment Management Co. Inc. purchased a new stake in shares of USA Compression Partners in the 2nd quarter worth approximately $247,000. Wells Fargo & Company MN grew its stake in shares of USA Compression Partners by 41.8% in the 1st quarter. Wells Fargo & Company MN now owns 16,784 shares of the oil and gas company’s stock worth $284,000 after buying an additional 4,949 shares during the last quarter. Avalon Advisors LLC grew its stake in shares of USA Compression Partners by 159.8% in the 1st quarter. Avalon Advisors LLC now owns 27,036 shares of the oil and gas company’s stock worth $458,000 after buying an additional 16,628 shares during the last quarter. Finally, Lucas Capital Management purchased a new stake in shares of USA Compression Partners in the 2nd quarter worth approximately $508,000. Hedge funds and other institutional investors own 61.86% 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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