USA Compression Partners LP (USAC) Receives $13.60 Average Target Price from Analysts
Shares of USA Compression Partners LP (NYSE:USAC) have earned an average recommendation of “Hold” from the seven analysts that are presently covering the stock. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $13.60.
A number of analysts recently issued reports on the company. Zacks Investment Research raised USA Compression Partners from a “sell” rating to a “hold” rating in a research report on Thursday, October 13th. FBR & Co assumed coverage on USA Compression Partners in a research report on Friday, September 9th. They issued an “outperform” rating and a $21.00 target price on the stock.
A number of institutional investors have recently bought and sold shares of USAC. Creative Planning boosted its position in USA Compression Partners by 0.5% in the second quarter. Creative Planning now owns 21,502 shares of the company’s stock worth $315,000 after buying an additional 100 shares during the last quarter. Albert D Mason Inc. boosted its stake in shares of USA Compression Partners by 2.0% in the second quarter. Albert D Mason Inc. now owns 46,886 shares of the company’s stock worth $687,000 after buying an additional 930 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of USA Compression Partners by 4.9% in the second quarter. Jennison Associates LLC now owns 360,301 shares of the company’s stock worth $5,282,000 after buying an additional 16,729 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of USA Compression Partners during the second quarter worth about $333,000. Finally, Neuberger Berman Group LLC boosted its stake in shares of USA Compression Partners by 7.1% in the second quarter. Neuberger Berman Group LLC now owns 269,400 shares of the company’s stock worth $3,949,000 after buying an additional 17,805 shares in the last quarter.
USA Compression Partners (NYSE:USAC) opened at 18.44 on Friday. The firm has a 50-day moving average price of $18.41 and a 200 day moving average price of $16.04. The firm’s market cap is $1.02 billion. USA Compression Partners has a 12-month low of $7.03 and a 12-month high of $19.33.
USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, November 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by $0.12. The company earned $61.13 million during the quarter, compared to analyst estimates of $63.80 million. USA Compression Partners had a negative net margin of 57.76% and a positive return on equity of 3.94%. USA Compression Partners’s revenue was down 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 EPS. Equities research analysts forecast that USA Compression Partners will post $0.28 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, November 14th. Investors of record on Friday, November 4th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 11.39%. The ex-dividend date was Wednesday, November 2nd. USA Compression Partners’s payout ratio is currently -75.81%.
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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