USA Compression Partners LP (USAC) Receives $20.20 Average Price Target from Analysts

USA Compression Partners LP (NYSE:USAC) has been given an average rating of “Buy” by the eight analysts that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $20.20.

A number of research analysts have weighed in on USAC shares. B. Riley set a $22.00 target price on shares of USA Compression Partners and gave the stock a “buy” rating in a research note on Wednesday, February 20th. Zacks Investment Research raised shares of USA Compression Partners from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Thursday, March 14th. ValuEngine lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Finally, UBS Group lowered shares of USA Compression Partners from a “buy” rating to a “neutral” rating in a research note on Thursday, January 3rd.

USAC opened at $15.69 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.86 and a current ratio of 1.46. USA Compression Partners has a 1-year low of $12.09 and a 1-year high of $19.28. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of -36.49 and a beta of 1.38.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, February 19th. The oil and gas company reported $0.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.06. USA Compression Partners had a negative net margin of 0.44% and a positive return on equity of 1.57%. The business had revenue of $172.00 million for the quarter, compared to analyst estimates of $170.78 million. During the same period last year, the company posted $0.07 EPS. The business’s revenue was up 128.1% on a year-over-year basis. Sell-side analysts forecast that USA Compression Partners will post -0.07 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in USAC. OppenheimerFunds Inc. raised its position in shares of USA Compression Partners by 99.9% during the 3rd quarter. OppenheimerFunds Inc. now owns 18,031,287 shares of the oil and gas company’s stock valued at $297,696,000 after buying an additional 9,011,096 shares during the period. Virtus Alternative Investment Advisers Inc. purchased a new stake in shares of USA Compression Partners during the 3rd quarter valued at approximately $3,632,000. Intrinsic Edge Capital Management LLC purchased a new stake in USA Compression Partners in the fourth quarter valued at approximately $1,188,000. Zazove Associates LLC raised its position in USA Compression Partners by 114.9% in the fourth quarter. Zazove Associates LLC now owns 153,799 shares of the oil and gas company’s stock valued at $1,996,000 after purchasing an additional 82,229 shares during the period. Finally, Spirit of America Management Corp NY grew its stake in shares of USA Compression Partners by 6.3% in the fourth quarter. Spirit of America Management Corp NY now owns 810,879 shares of the oil and gas company’s stock worth $10,525,000 after acquiring an additional 48,313 shares in the last quarter. 34.70% of the stock is currently owned by hedge funds and other institutional investors.

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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Analyst Recommendations for USA Compression Partners (NYSE:USAC)

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