USA Compression Partners (NYSE:USAC) Raised to “Strong-Buy” at Texas Capital

USA Compression Partners (NYSE:USAC) was upgraded by stock analysts at Texas Capital from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts have also commented on USAC. Citigroup reissued a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Stifel Nicolaus upped their price objective on shares of USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. Wall Street Zen lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Zacks Research upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Mizuho boosted their target price on shares of USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.67.

USA Compression Partners Stock Performance

Shares of NYSE USAC opened at $27.50 on Monday. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of 32.73 and a beta of 0.22. The business’s 50-day simple moving average is $25.83 and its 200-day simple moving average is $24.39. USA Compression Partners has a 52 week low of $21.59 and a 52 week high of $28.09.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. The firm had revenue of $252.48 million during the quarter, compared to analyst estimates of $253.43 million. USA Compression Partners had a negative return on equity of 87.34% and a net margin of 11.15%. As a group, equities research analysts forecast that USA Compression Partners will post 1.05 earnings per share for the current year.

Institutional Investors Weigh In On USA Compression Partners

Several hedge funds have recently modified their holdings of the business. Royal Bank of Canada grew its stake in shares of USA Compression Partners by 0.4% in the fourth quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock worth $2,924,000 after acquiring an additional 521 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in USA Compression Partners by 5.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the oil and gas company’s stock valued at $310,000 after purchasing an additional 724 shares during the last quarter. Mallini Complete Financial Planning LLC raised its stake in USA Compression Partners by 0.8% during the 4th quarter. Mallini Complete Financial Planning LLC now owns 93,810 shares of the oil and gas company’s stock valued at $2,158,000 after purchasing an additional 731 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in USA Compression Partners by 1.7% in the 4th quarter. Kestra Advisory Services LLC now owns 45,800 shares of the oil and gas company’s stock valued at $1,053,000 after purchasing an additional 758 shares during the period. Finally, Mutual Advisors LLC boosted its holdings in USA Compression Partners by 3.5% in the 4th quarter. Mutual Advisors LLC now owns 22,641 shares of the oil and gas company’s stock valued at $521,000 after purchasing an additional 769 shares during the period. 47.77% of the stock is owned by institutional investors.

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.