USA Compression Partners (NYSE:USAC) Sets New 12-Month High on Analyst Upgrade

Key Points

• Shares of USA Compression Partners (USAC) hit a new 52-week high after Texas Capital upgraded the stock from Hold to Strong Buy, trading as high as $28.09 (last $28.0140) on volume of about 48,768 shares.
• Analyst sentiment is mixed — two Strong Buy, three Hold and one Sell — leaving a MarketBeat average rating of Moderate Buy and an average price target of $26.67, which is below the recent trading level.
• Key fundamentals: market cap ~$4.05B and trailing P/E 33.31; Q4 EPS of $0.28 met estimates while revenue slightly missed, and the company pays a quarterly dividend of $0.525 (annualized $2.10) yielding 7.5% but with a high payout ratio of 250%.

USA Compression Partners, LP (NYSE:USAC - Get Free Report) shares reached a new 52-week high during trading on Tuesday after Texas Capital upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $28.09 and last traded at $28.0140, with a volume of 48768 shares. The stock had previously closed at $27.48.

Several other research analysts have also weighed in on USAC. Wall Street Zen downgraded USA Compression Partners from a "buy" rating to a "hold" rating in a report on Saturday, February 21st. Zacks Research upgraded USA Compression Partners from a "hold" rating to a "strong-buy" rating in a report on Friday, February 20th. Stifel Nicolaus lifted their price objective on USA Compression Partners from $27.00 to $30.00 and gave the company a "hold" rating in a research note on Wednesday, February 18th. Citigroup restated a "neutral" rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd. Finally, Mizuho increased their price objective on shares of USA Compression Partners from $23.00 to $25.00 and gave the company 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 issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, USA Compression Partners currently has an average rating of "Moderate Buy" and an average price target of $26.67.

Institutional Investors Weigh In On USA Compression Partners

A number of hedge funds and other institutional investors have recently modified their holdings of USAC. Virtu Financial LLC acquired a new stake in USA Compression Partners during the 4th quarter worth approximately $294,000. MV Capital Management Inc. purchased a new stake in USA Compression Partners during the fourth quarter worth approximately $86,000. Abel Hall LLC purchased a new stake in USA Compression Partners during the fourth quarter worth approximately $230,000. Jump Financial LLC increased its position in shares of USA Compression Partners by 157.0% in the fourth quarter. Jump Financial LLC now owns 109,251 shares of the oil and gas company's stock worth $2,513,000 after acquiring an additional 66,745 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of USA Compression Partners by 11.1% in the 4th quarter. Osaic Holdings Inc. now owns 36,283 shares of the oil and gas company's stock valued at $835,000 after acquiring an additional 3,633 shares during the period. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Price Performance

The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of 33.31 and a beta of 0.22. The business's 50-day moving average price is $25.83 and its 200 day moving average price is $24.39.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.28. The business had revenue of $252.48 million for the quarter, compared to the consensus estimate 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, sell-side analysts expect that USA Compression Partners, LP will post 1.05 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Monday, January 26th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend was Monday, January 26th. USA Compression Partners's dividend payout ratio is currently 250.00%.

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.

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