USA Compression Partners (NYSE:USAC) Stock Rating Lowered by Wall Street Zen

USA Compression Partners (NYSE:USAC) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also weighed in on the stock. Zacks Research upgraded shares of USA Compression Partners from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Royal Bank Of Canada increased their target price on USA Compression Partners from $30.00 to $31.00 and gave the company a “sector perform” rating in a report on Tuesday, September 1st. Finally, Mizuho raised their target price on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $29.50.

USA Compression Partners Price Performance

Shares of NYSE:USAC opened at $25.49 on Friday. The company has a debt-to-equity ratio of 10.25, a quick ratio of 0.68 and a current ratio of 1.35. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 24.05 and a beta of 0.23. The business has a 50-day simple moving average of $26.52 and a two-hundred day simple moving average of $27.12. USA Compression Partners has a fifty-two week low of $21.85 and a fifty-two week high of $30.55.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. The firm had revenue of $342.15 million during the quarter, compared to analyst estimates of $340.49 million. On average, analysts expect that USA Compression Partners will post 1.17 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Bradford Whitehurst acquired 6,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were purchased at an average price of $26.10 per share, with a total value of $156,600.00. Following the completion of the purchase, the director directly owned 43,616 shares of the company’s stock, valued at $1,138,377.60. This represents a 15.95% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC raised its stake in USA Compression Partners by 49.2% during the 2nd quarter. Tidal Investments LLC now owns 11,231 shares of the oil and gas company’s stock worth $296,000 after acquiring an additional 3,704 shares during the period. Corient Private Wealth LP boosted its position in shares of USA Compression Partners by 7.1% in the second quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company’s stock worth $5,972,000 after purchasing an additional 14,931 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of USA Compression Partners in the second quarter worth $238,000. First Bancorp Inc ME purchased a new stake in shares of USA Compression Partners in the second quarter worth $117,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of USA Compression Partners during the 2nd quarter valued at $423,000. 47.77% of the stock is currently owned by institutional investors.

USA Compression Partners Company Profile

USA Compression Partners LP (NYSE: USAC) is a publicly traded master limited partnership that provides natural gas compression services to customers across the United States. The company supports the movement of natural gas through gathering, processing, transmission, storage and related midstream systems.

USA Compression owns and operates a fleet of natural gas compression equipment, including large reciprocating compressors and associated infrastructure. Its services help maintain the pressure needed to transport natural gas from production areas to processing facilities, pipelines, storage locations and end markets.