USA Compression Partners (NYSE:USAC) Price Target Raised to $30.00

USA Compression Partners (NYSE:USAC) had its target price boosted by Stifel Nicolaus from $27.00 to $30.00 in a research note issued to investors on Wednesday morning, Marketbeat reports. The brokerage currently has a hold rating on the oil and gas company’s stock.

Other equities analysts have also recently issued reports about the company. Citigroup restated a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Mizuho boosted their price objective on USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Wall Street Zen upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Zacks Research lowered shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $26.75.

USA Compression Partners Stock Down 0.2%

Shares of NYSE:USAC opened at $26.84 on Wednesday. The firm has a market capitalization of $3.89 billion, a PE ratio of 31.95 and a beta of 0.23. The company has a 50-day moving average price of $24.90 and a two-hundred day moving average price of $24.13. USA Compression Partners has a twelve month low of $21.59 and a twelve month high of $28.67.

USA Compression Partners (NYSE:USAC) last issued its earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. The business had revenue of $252.48 million during the quarter, compared to the consensus estimate of $253.43 million. USA Compression Partners had a negative return on equity of 87.34% and a net margin of 11.15%. Analysts anticipate that USA Compression Partners will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, January 26th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date was Monday, January 26th. USA Compression Partners’s dividend payout ratio (DPR) is presently 250.00%.

Institutional Investors Weigh In On USA Compression Partners

A number of institutional investors have recently made changes to their positions in USAC. CWM LLC bought a new position in shares of USA Compression Partners during the 3rd quarter valued at $34,000. BNP Paribas Financial Markets boosted its position in USA Compression Partners by 233.3% during the third quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock valued at $35,000 after buying an additional 1,010 shares during the period. State of Wyoming bought a new position in shares of USA Compression Partners during the third quarter valued at about $64,000. Caprock Group LLC purchased a new position in shares of USA Compression Partners in the third quarter worth about $205,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of USA Compression Partners in the 3rd quarter valued at about $216,000. Hedge funds and other institutional investors own 47.77% of the company’s stock.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.