USA Compression Partners, LP (NYSE:USAC) Stock Rated "Hold" by Sell-Side Analysts

Key Points

• Analysts maintain a “Hold” consensus on USA Compression Partners, with five hold ratings and one strong buy. The average 12-month price target is $29.50, above the reported share price of $24.88.
• USAC reported quarterly earnings of $0.31 per share, exceeding the $0.28 analyst estimate, while revenue of $342.15 million also topped expectations. The company declared a $0.525 quarterly dividend, equivalent to an 8.4% annualized yield.
• Director Bradford Whitehurst bought 6,000 shares worth $156,600, and institutional ownership stands at 47.77% after several funds increased or initiated positions.

USA Compression Partners, LP (NYSE:USAC - Get Free Report) has been given a consensus rating of "Hold" by the six ratings firms that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $29.50.

Several research firms have commented on USAC. Royal Bank Of Canada increased their price target on shares of USA Compression Partners from $30.00 to $31.00 and gave the company a "sector perform" rating in a research report on Tuesday, September 1st. Wall Street Zen downgraded shares of USA Compression Partners from a "buy" rating to a "hold" rating in a research report on Saturday, September 26th. Mizuho boosted their price objective on shares of USA Compression Partners from $28.00 to $29.00 and gave the stock a "neutral" rating in a research note on Friday, June 12th. Finally, 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.

Insider Activity

In other USA Compression Partners news, Director Bradford Whitehurst acquired 6,000 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was purchased at an average price of $26.10 per share, for a total transaction of $156,600.00. Following the acquisition, the director owned 43,616 shares in the company, valued at approximately $1,138,377.60. This trade represents a 15.95% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in USAC. Tidal Investments LLC lifted 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 valued at $296,000 after acquiring an additional 3,704 shares during the period. Corient Private Wealth LP increased its stake 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 acquiring an additional 14,931 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of USA Compression Partners during the second quarter worth $238,000. First Bancorp Inc ME purchased a new position in shares of USA Compression Partners during the second quarter worth $117,000. Finally, Bank of New York Mellon Corp acquired a new position in USA Compression Partners during the second quarter valued at $423,000. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Trading Down 0.5%

Shares of NYSE:USAC opened at $24.88 on Thursday. USA Compression Partners has a 12-month low of $21.85 and a 12-month high of $30.55. The business's fifty day simple moving average is $26.41 and its 200-day simple moving average is $27.07. The company has a market capitalization of $3.61 billion, a PE ratio of 23.47 and a beta of 0.23. 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 data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%.The firm had revenue of $342.15 million during the quarter, compared to analysts' expectations of $340.49 million. As a group, equities research analysts predict that USA Compression Partners will post 1.17 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, July 27th were issued a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend was Monday, July 27th. USA Compression Partners's payout ratio is currently 198.11%.

About USA Compression Partners

USA Compression Partners, LP NYSE: USAC is a master limited partnership that provides natural gas compression services to infrastructure operators and producers in the United States. The company owns and operates a fleet of natural gas compression units and supplies compression under long-term and short-term contracts.

Its equipment and services support several stages of the natural gas value chain, including gathering, processing, transmission, storage and production. Compression helps maintain the pressure needed to move natural gas through pipelines and other infrastructure, making the company a service provider to midstream and upstream energy businesses.

USA Compression Partners serves customers across major U.S.

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