USA Compression Partners LP (NYSE:USAC) Given Average Recommendation of “Buy” by Brokerages

Shares of USA Compression Partners LP (NYSE:USAC) have been given an average recommendation of “Buy” by the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $20.20.

A number of brokerages have commented on USAC. ValuEngine upgraded shares of WEX from a “hold” rating to a “buy” rating in a research report on Thursday, June 13th. Zacks Investment Research upgraded shares of First Industrial Realty Trust from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Wednesday, June 5th. Finally, Stifel Nicolaus upped their price objective on shares of Realty Income from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th.

USA Compression Partners stock traded up $0.18 during trading hours on Monday, reaching $18.38. 302,191 shares of the stock were exchanged, compared to its average volume of 122,330. The stock has a market capitalization of $1.64 billion, a PE ratio of -42.74 and a beta of 1.28. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.99 and a current ratio of 1.70. USA Compression Partners has a 52-week low of $12.09 and a 52-week high of $18.43. The company’s 50 day moving average price is $17.55.



USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, May 7th. The oil and gas company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The firm had revenue of $170.70 million for the quarter, compared to analysts’ expectations of $171.61 million. USA Compression Partners had a return on equity of 1.38% and a net margin of 2.86%. The firm’s quarterly revenue was up 119.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.23) EPS. Equities research analysts anticipate that USA Compression Partners will post -0.04 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the business. Intrinsic Edge Capital Management LLC purchased a new position in shares of USA Compression Partners in the 4th quarter valued at about $1,188,000. Albert D Mason Inc. increased its holdings in shares of USA Compression Partners by 4.9% in the 1st quarter. Albert D Mason Inc. now owns 32,416 shares of the oil and gas company’s stock valued at $506,000 after purchasing an additional 1,525 shares in the last quarter. Dividend Assets Capital LLC increased its holdings in shares of USA Compression Partners by 2.0% in the 1st quarter. Dividend Assets Capital LLC now owns 379,623 shares of the oil and gas company’s stock valued at $5,938,000 after purchasing an additional 7,293 shares in the last quarter. Wiley BROS. Aintree Capital LLC increased its holdings in shares of USA Compression Partners by 7.7% in the 1st quarter. Wiley BROS. Aintree Capital LLC now owns 33,633 shares of the oil and gas company’s stock valued at $525,000 after purchasing an additional 2,400 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. increased its holdings in shares of USA Compression Partners by 25.0% in the 1st quarter. Duff & Phelps Investment Management Co. now owns 275,000 shares of the oil and gas company’s stock valued at $4,293,000 after purchasing an additional 55,000 shares in the last quarter. Institutional investors own 34.08% of the company’s stock.

About USA Compression Partners

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.

Further Reading: Why do analysts give a neutral rating?

Analyst Recommendations for USA Compression Partners (NYSE:USAC)

Receive News & Ratings for USA Compression Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Compression Partners and related companies with MarketBeat.com's FREE daily email newsletter.