Shares of USA Compression Partners LP (NYSE:USAC) have received a consensus rating of “Buy” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $18.75.
USAC has been the topic of several analyst reports. Stifel Nicolaus lowered USA Compression Partners from a “buy” rating to a “hold” rating and set a $18.00 target price on the stock. in a research report on Thursday, October 17th. TheStreet lowered USA Compression Partners from a “c-” rating to a “d” rating in a research report on Wednesday, August 28th. Zacks Investment Research lowered USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Finally, ValuEngine raised USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Tuesday, October 1st.
Several institutional investors and hedge funds have recently modified their holdings of the company. Stephens Inc. AR increased its holdings in shares of USA Compression Partners by 10.5% during the third quarter. Stephens Inc. AR now owns 11,074 shares of the oil and gas company’s stock valued at $191,000 after purchasing an additional 1,050 shares during the period. Wells Fargo & Company MN increased its holdings in shares of USA Compression Partners by 16.9% during the second quarter. Wells Fargo & Company MN now owns 9,708 shares of the oil and gas company’s stock valued at $173,000 after purchasing an additional 1,405 shares during the period. Chicago Partners Investment Group LLC increased its holdings in shares of USA Compression Partners by 2.6% during the third quarter. Chicago Partners Investment Group LLC now owns 73,309 shares of the oil and gas company’s stock valued at $1,312,000 after purchasing an additional 1,854 shares during the period. First PREMIER Bank acquired a new position in shares of USA Compression Partners during the third quarter valued at $35,000. Finally, HighTower Advisors LLC boosted its stake in USA Compression Partners by 14.0% during the second quarter. HighTower Advisors LLC now owns 19,706 shares of the oil and gas company’s stock valued at $347,000 after buying an additional 2,419 shares in the last quarter. 31.03% of the stock is currently owned by institutional investors.
NYSE USAC traded down $0.08 during trading hours on Thursday, hitting $15.86. The company had a trading volume of 163,173 shares, compared to its average volume of 243,140. USA Compression Partners has a fifty-two week low of $12.09 and a fifty-two week high of $19.00. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.49. The business has a fifty day simple moving average of $16.97 and a 200-day simple moving average of $17.07. The firm has a market cap of $1.54 billion, a P/E ratio of -36.88 and a beta of 1.29.
USA Compression Partners (NYSE:USAC) last issued its earnings results on Tuesday, November 5th. The oil and gas company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.06. USA Compression Partners had a return on equity of 3.07% and a net margin of 5.78%. The firm had revenue of $175.76 million for the quarter, compared to analyst estimates of $172.88 million. During the same period last year, the company earned ($0.10) earnings per share. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities analysts forecast that USA Compression Partners will post -0.04 EPS for the current fiscal year.
USA Compression Partners Company Profile
USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.
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