USA Compression Partners (NYSE:USAC) Stock Price Breaks Below 200 Day Moving Average - Should You Sell?

Key Points

• USA Compression Partners shares fell below their 200-day moving average, trading as low as $25.33 versus the $26.92 average, and closed at $25.66.
• Analysts maintain a generally neutral view: the stock has one Strong Buy and five Hold ratings, with a consensus price target of $29.50.
• The company reported quarterly EPS of $0.31, exceeding expectations, and pays a $2.10 annualized dividend yielding approximately 8.2%; however, its payout ratio is elevated at 198.11%.

USA Compression Partners, LP (NYSE:USAC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $26.92 and traded as low as $25.33. USA Compression Partners shares last traded at $25.66, with a volume of 173,137 shares trading hands.

Wall Street Analyst Weigh In

USAC has been the subject of a number of research analyst reports. Wall Street Zen cut shares of USA Compression Partners from a "buy" rating to a "hold" rating in a report on Saturday, September 26th. 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. Finally, Royal Bank Of Canada boosted their price objective on shares of USA Compression Partners from $30.00 to $31.00 and gave the company a "sector perform" rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $29.50.

USA Compression Partners Trading Down 1.1%

The company has a 50 day simple moving average of $26.33 and a two-hundred day simple moving average of $26.92. 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 $3.72 billion, a PE ratio of 24.21 and a beta of 0.28.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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. Analysts expect that USA Compression Partners, LP will post 1.18 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were issued a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 8.2%. The ex-dividend date was Monday, July 27th. USA Compression Partners's dividend payout ratio is 198.11%.

Insiders Place Their Bets

In other USA Compression Partners news, Director Bradford Whitehurst purchased 6,000 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were bought 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 $1,138,377.60. This represents a 15.95% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Institutional Trading of USA Compression Partners

Several institutional investors and hedge funds have recently bought and sold shares of USAC. Whalen Wealth Management Inc. increased its stake in shares of USA Compression Partners by 2.8% in the third quarter. Whalen Wealth Management Inc. now owns 14,495 shares of the oil and gas company's stock worth $360,000 after acquiring an additional 400 shares during the period. Chickasaw Capital Management LLC lifted its position in USA Compression Partners by 6.2% during the third quarter. Chickasaw Capital Management LLC now owns 172,000 shares of the oil and gas company's stock valued at $4,278,000 after purchasing an additional 10,000 shares during the period. Tidal Investments LLC lifted its position in USA Compression Partners by 49.2% during the second quarter. Tidal Investments LLC now owns 11,231 shares of the oil and gas company's stock valued at $296,000 after purchasing an additional 3,704 shares during the period. Corient Private Wealth LP lifted its position in USA Compression Partners by 7.1% during the second quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company's stock valued at $5,972,000 after purchasing an additional 14,931 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in USA Compression Partners during the second quarter valued at $238,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

USA Compression Partners Company Profile

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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