USD Partners (USDP) Earns News Impact Score of 0.09
News headlines about USD Partners (NYSE:USDP) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. USD Partners earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 46.0136355333204 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
USD Partners (USDP) opened at 10.70 on Thursday. USD Partners has a 52 week low of $9.85 and a 52 week high of $17.50. The firm’s 50-day moving average is $11.14 and its 200-day moving average is $12.36. The company has a market cap of $282.04 million, a PE ratio of 9.49 and a beta of 1.03.
The firm also recently announced a quarterly dividend, which was paid on Friday, August 11th. Shareholders of record on Monday, August 7th were given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 12.71%. The ex-dividend date was Thursday, August 3rd. This is a positive change from USD Partners’s previous quarterly dividend of $0.34. USD Partners’s dividend payout ratio is presently 110.57%.
USDP has been the subject of a number of analyst reports. BidaskClub cut shares of USD Partners from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. ValuEngine cut shares of USD Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 9th. Zacks Investment Research upgraded shares of USD Partners from a “hold” rating to a “strong-buy” rating and set a $14.00 price target for the company in a research note on Thursday, August 3rd. Finally, TheStreet upgraded shares of USD Partners from a “d” rating to a “c” rating in a research note on Wednesday, May 17th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $15.33.
In other news, insider G Stacy Smith purchased 3,000 shares of USD Partners stock in a transaction that occurred on Friday, August 25th. The shares were acquired at an average price of $10.78 per share, for a total transaction of $32,340.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
USD Partners Company Profile
USD Partners LP acquires, develops and operates energy-related logistics assets, including rail terminals and other midstream infrastructure. The Company’s segments include Terminalling services and Fleet services. The Terminalling services segment consists of various operations, including Hardisty terminal, Casper terminal and Ethanol terminals.
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