USA Compression Partners, LP (NYSE:USAC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of USA Compression Partners, LP (NYSE:USAC) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a strong buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $26.6667.

USAC has been the topic of several 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, February 21st. Mizuho boosted their price target on shares of USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Texas Capital upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Stifel Nicolaus boosted their price target on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Finally, Zacks Research upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th.

USA Compression Partners Stock Performance

NYSE USAC opened at $26.88 on Thursday. The stock has a market capitalization of $3.90 billion, a P/E ratio of 32.00 and a beta of 0.21. USA Compression Partners has a 1 year low of $21.85 and a 1 year high of $28.90. The business’s fifty day moving average is $27.39 and its two-hundred day moving average is $25.12.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. The firm had revenue of $252.48 million for the quarter, compared to analysts’ expectations of $253.43 million. On average, research analysts forecast that USA Compression Partners will post 1.05 earnings per share for the current year.

Hedge Funds Weigh In On USA Compression Partners

Institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in USA Compression Partners by 0.4% in the fourth quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock worth $2,924,000 after purchasing an additional 521 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in USA Compression Partners by 5.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the oil and gas company’s stock worth $310,000 after purchasing an additional 724 shares in the last quarter. Mallini Complete Financial Planning LLC boosted its holdings in USA Compression Partners by 0.8% in the fourth quarter. Mallini Complete Financial Planning LLC now owns 93,810 shares of the oil and gas company’s stock worth $2,158,000 after purchasing an additional 731 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in USA Compression Partners by 1.7% in the fourth quarter. Kestra Advisory Services LLC now owns 45,800 shares of the oil and gas company’s stock worth $1,053,000 after purchasing an additional 758 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in USA Compression Partners by 3.5% in the fourth quarter. Mutual Advisors LLC now owns 22,641 shares of the oil and gas company’s stock worth $521,000 after purchasing an additional 769 shares in the last quarter. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Company Profile

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.