USA Compression Partners (NYSE:USAC) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

USA Compression Partners, LP (NYSE:USAC) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.82 and traded as low as $26.59. USA Compression Partners shares last traded at $26.76, with a volume of 233,425 shares traded.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on USAC. Royal Bank Of Canada upped their price target on USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday, June 5th. Citigroup raised their price objective on shares of USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Mizuho increased their target price on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, June 12th. Finally, Zacks Research lowered shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, USA Compression Partners presently has an average rating of “Hold” and an average target price of $29.25.

USA Compression Partners Stock Performance

The company has a market cap of $3.78 billion, a PE ratio of 26.89 and a beta of 0.21. The stock has a 50 day simple moving average of $27.42 and a two-hundred day simple moving average of $26.85. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The business had revenue of $331.27 million for the quarter, compared to analysts’ expectations of $308.35 million. Equities analysts predict that USA Compression Partners, LP will post 1.02 EPS for the current year.

USA Compression Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Monday, July 27th will be paid a dividend of $0.525 per share. The ex-dividend date is Monday, July 27th. This represents a $2.10 annualized dividend and a dividend yield of 8.0%. USA Compression Partners’s dividend payout ratio is 216.49%.

Hedge Funds Weigh In On USA Compression Partners

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Morgan Stanley raised its stake in USA Compression Partners by 123.5% during the 4th quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company’s stock valued at $62,390,000 after acquiring an additional 1,498,928 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of USA Compression Partners by 82.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock valued at $77,254,000 after purchasing an additional 1,296,339 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of USA Compression Partners by 29.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,599,073 shares of the oil and gas company’s stock valued at $105,779,000 after purchasing an additional 1,056,548 shares during the last quarter. Alps Advisors Inc. increased its holdings in shares of USA Compression Partners by 3.8% in the fourth quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company’s stock valued at $408,209,000 after purchasing an additional 642,462 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of USA Compression Partners by 131.7% in the second quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock valued at $10,038,000 after purchasing an additional 234,730 shares during the period. Hedge funds and other institutional investors own 47.77% of the company’s stock.

About USA Compression Partners

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.