USA Compression Partners, LP (NYSE:USAC) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analyst consensus is “Hold”: Five of six covering firms rate USA Compression Partners a hold, while one recommends a strong buy. The average 12-month price target is $29.50 versus the reported share price of $27.27.
• Quarterly results exceeded expectations: The company reported adjusted earnings of $0.31 per share and revenue of $342.15 million, beating analyst estimates of $0.28 and $340.49 million, respectively.
• High dividend yield remains a key feature: USA Compression declared a quarterly dividend of $0.525, or $2.10 annualized, representing a 7.7% yield; its payout ratio was approximately 198%.

Shares of USA Compression Partners, LP (NYSE:USAC - Get Free Report) have been assigned a consensus recommendation of "Hold" from the six research firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $29.50.

A number of equities research analysts have commented on the company. Zacks Research raised USA Compression Partners from a "strong sell" rating to a "hold" rating in a report on Monday, August 31st. Royal Bank Of Canada lifted their target price on USA Compression Partners from $30.00 to $31.00 and gave the company a "sector perform" rating in a research note on Tuesday, September 1st. Citigroup upped their price target on USA Compression Partners from $26.00 to $28.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 13th. Mizuho raised their price objective on 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, Wall Street Zen upgraded shares of USA Compression Partners from a "hold" rating to a "buy" rating in a research report on Saturday, August 29th.

USA Compression Partners Trading Down 1.1%

Shares of NYSE:USAC opened at $27.27 on Friday. The stock has a 50 day moving average of $26.49 and a 200 day moving average of $27.18. The company has a market cap of $3.95 billion, a PE ratio of 25.73 and a beta of 0.23. USA Compression Partners has a 12-month low of $21.85 and a 12-month high of $30.55. The company has a current ratio of 1.35, a quick ratio of 0.68 and a debt-to-equity ratio of 10.25.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.03. The business had revenue of $342.15 million for the quarter, compared to the consensus estimate of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. As a group, equities research analysts expect that USA Compression Partners will post 1.17 EPS for the current year.

USA Compression Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, July 27th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 7.7%. The ex-dividend date was Monday, July 27th. USA Compression Partners's dividend payout ratio is presently 198.11%.

Insider Transactions at USA Compression Partners

In other USA Compression Partners news, Director Bradford Whitehurst acquired 6,000 shares of the company's stock in a transaction that occurred on Friday, August 21st. The stock was bought at an average price of $26.10 per share, for a total transaction of $156,600.00. Following the acquisition, the director directly owned 43,616 shares in the company, valued at $1,138,377.60. The trade was a 15.95% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in USAC. BNP Paribas Financial Markets grew its stake in USA Compression Partners by 233.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company's stock worth $35,000 after acquiring an additional 1,010 shares in the last quarter. MV Capital Management Inc. bought a new stake in shares of USA Compression Partners during the fourth quarter valued at approximately $86,000. First Bancorp Inc ME bought a new stake in shares of USA Compression Partners during the second quarter valued at approximately $117,000. One Charles Private Wealth Services LLC purchased a new stake in shares of USA Compression Partners in the first quarter valued at approximately $212,000. Finally, Texas Yale Capital Corp. purchased a new stake in shares of USA Compression Partners in the fourth quarter valued at approximately $224,000. 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.

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