Wall Street analysts expect USA Compression Partners LP (NYSE:USAC) to report $172.23 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for USA Compression Partners’ earnings. The lowest sales estimate is $169.80 million and the highest is $175.10 million. USA Compression Partners reported sales of $75.39 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 128.5%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Tuesday, February 19th.
According to Zacks, analysts expect that USA Compression Partners will report full year sales of $585.31 million for the current financial year, with estimates ranging from $583.40 million to $588.70 million. For the next year, analysts anticipate that the business will post sales of $709.66 million, with estimates ranging from $685.00 million to $732.10 million. Zacks’ sales calculations are an average based on a survey of analysts that follow USA Compression Partners.
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USAC has been the subject of several analyst reports. Wells Fargo & Co set a $18.00 price target on shares of USA Compression Partners and gave the stock a “hold” rating in a report on Friday, November 9th. Zacks Investment Research cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a report on Wednesday, October 24th. Royal Bank of Canada upgraded shares of USA Compression Partners from a “sector perform” rating to an “outperform” rating and set a $21.00 price target for the company in a report on Wednesday, November 7th. UBS Group cut shares of USA Compression Partners from a “buy” rating to a “neutral” rating in a report on Thursday, January 3rd. Finally, ValuEngine cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. USA Compression Partners currently has an average rating of “Hold” and a consensus price target of $20.17.
Institutional investors have recently modified their holdings of the company. First Foundation Advisors acquired a new position in shares of USA Compression Partners in the 4th quarter valued at $143,000. Advisor Group Inc. boosted its holdings in shares of USA Compression Partners by 11.2% in the 4th quarter. Advisor Group Inc. now owns 11,631 shares of the oil and gas company’s stock valued at $151,000 after buying an additional 1,170 shares in the last quarter. Tortoise Index Solutions LLC boosted its holdings in shares of USA Compression Partners by 104.6% in the 4th quarter. Tortoise Index Solutions LLC now owns 11,718 shares of the oil and gas company’s stock valued at $152,000 after buying an additional 5,992 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of USA Compression Partners in the 4th quarter valued at $156,000. Finally, Jane Street Group LLC acquired a new position in shares of USA Compression Partners in the 2nd quarter valued at $285,000. Institutional investors and hedge funds own 37.14% of the company’s stock.
NYSE USAC traded down $0.01 on Wednesday, hitting $14.99. 105,297 shares of the stock were exchanged, compared to its average volume of 246,581. The company has a quick ratio of 0.84, a current ratio of 1.32 and a debt-to-equity ratio of 1.21. USA Compression Partners has a fifty-two week low of $12.09 and a fifty-two week high of $19.28. The stock has a market capitalization of $1.35 billion, a PE ratio of 93.69 and a beta of 1.33.
The company also recently declared a quarterly dividend, which was paid on Friday, February 8th. Shareholders of record on Monday, January 28th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 14.01%. The ex-dividend date of this dividend was Friday, January 25th. USA Compression Partners’s dividend payout ratio (DPR) is presently 1,312.50%.
USA Compression Partners Company Profile
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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