Shares of USA Compression Partners LP (NYSE:USAC) have received an average rating of “Hold” from the seven research firms that are covering the company. Three equities research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $13.60.
USAC has been the topic of several recent analyst reports. FBR & Co initiated coverage on shares of USA Compression Partners in a research note on Friday, September 9th. They issued an “outperform” rating and a $21.00 price target on the stock. Zacks Investment Research upgraded shares of USA Compression Partners from a “sell” rating to a “hold” rating in a research note on Thursday, October 13th. Finally, Goldman Sachs Group Inc. lowered shares of USA Compression Partners from a “neutral” rating to a “sell” rating and increased their price target for the company from $10.00 to $13.00 in a research note on Tuesday, June 21st.
Shares of USA Compression Partners (NYSE:USAC) opened at 18.37 on Friday. The stock’s market cap is $1.01 billion. USA Compression Partners has a one year low of $7.03 and a one year high of $19.09. The company has a 50-day moving average of $17.72 and a 200 day moving average of $15.33.
USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Thursday, August 4th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.07. The company earned $63.50 million during the quarter, compared to analysts’ expectations of $64.98 million. USA Compression Partners had a negative net margin of 51.30% and a positive return on equity of 4.53%. The business’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.34) earnings per share. On average, equities analysts forecast that USA Compression Partners will post $0.40 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in USAC. Carlyle Group L.P. raised its position in shares of USA Compression Partners by 211.7% in the first quarter. Carlyle Group L.P. now owns 22,651,056 shares of the company’s stock worth $266,150,000 after buying an additional 15,383,546 shares during the period. UBS Group AG raised its position in shares of USA Compression Partners by 193.3% in the first quarter. UBS Group AG now owns 860,151 shares of the company’s stock worth $10,107,000 after buying an additional 566,919 shares during the period. Lyon Street Capital LLC acquired a new position in shares of USA Compression Partners during the second quarter worth about $1,237,000. Barclays PLC raised its position in shares of USA Compression Partners by 137.7% in the second quarter. Barclays PLC now owns 76,951 shares of the company’s stock worth $1,128,000 after buying an additional 44,581 shares during the period. Finally, Harvest Fund Advisors LLC raised its position in shares of USA Compression Partners by 2.4% in the first quarter. Harvest Fund Advisors LLC now owns 1,738,401 shares of the company’s stock worth $20,426,000 after buying an additional 40,988 shares during the period.
About USA Compression Partners
USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.
Receive News & Ratings for USA Compression Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Compression Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.