USA Compression Partners (NYSE:USAC - Get Free Report)'s stock had its "underweight" rating reissued by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $25.00 target price on the oil and gas company's stock, up from their previous target price of $24.00. JPMorgan Chase & Co.'s price target would indicate a potential upside of 1.46% from the company's current price.
Separately, Citigroup lifted their price target on shares of USA Compression Partners from $24.00 to $27.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat, USA Compression Partners has a consensus rating of "Hold" and an average price target of $26.25.
Get Our Latest Analysis on USAC
USA Compression Partners Stock Down 0.0%
NYSE:USAC traded down $0.01 on Monday, hitting $24.64. The stock had a trading volume of 31,545 shares, compared to its average volume of 326,498. The business's 50-day simple moving average is $24.93 and its two-hundred day simple moving average is $25.28. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of 36.24 and a beta of 0.40. USA Compression Partners has a 52-week low of $21.06 and a 52-week high of $30.10.
USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The oil and gas company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.04). The business had revenue of $245.23 million during the quarter, compared to the consensus estimate of $244.79 million. USA Compression Partners had a negative return on equity of 81.01% and a net margin of 9.99%. As a group, equities research analysts anticipate that USA Compression Partners will post 1.05 EPS for the current year.
Insider Buying and Selling
In other USA Compression Partners news, Director Bradford D. Whitehurst purchased 10,000 shares of the firm's stock in a transaction on Thursday, May 8th. The shares were acquired at an average cost of $23.50 per share, with a total value of $235,000.00. Following the completion of the acquisition, the director now directly owns 23,616 shares in the company, valued at $554,976. The trade was a 73.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.
Hedge Funds Weigh In On USA Compression Partners
Hedge funds have recently made changes to their positions in the business. Truist Financial Corp bought a new stake in USA Compression Partners during the 4th quarter valued at approximately $2,428,000. D.A. Davidson & CO. grew its holdings in USA Compression Partners by 61.1% during the 4th quarter. D.A. Davidson & CO. now owns 19,628 shares of the oil and gas company's stock valued at $462,000 after buying an additional 7,442 shares in the last quarter. GraniteShares Advisors LLC grew its holdings in USA Compression Partners by 7.4% during the 4th quarter. GraniteShares Advisors LLC now owns 104,333 shares of the oil and gas company's stock valued at $2,458,000 after buying an additional 7,216 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of USA Compression Partners during the fourth quarter valued at approximately $207,000. Finally, Bravias Capital Group LLC purchased a new position in shares of USA Compression Partners in the fourth quarter worth $230,000. Institutional investors own 47.77% of the company's stock.
USA Compression Partners Company Profile
(
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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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