Zacks: Brokerages Anticipate USA Compression Partners LP (USAC) to Post -$0.05 EPS

Equities research analysts predict that USA Compression Partners LP (NYSE:USAC) will announce earnings of ($0.05) per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for USA Compression Partners’ earnings, with the lowest EPS estimate coming in at ($0.09) and the highest estimate coming in at ($0.01). USA Compression Partners reported earnings per share of $0.07 during the same quarter last year, which suggests a negative year-over-year growth rate of 171.4%. The company is scheduled to report its next quarterly earnings report before the market opens on Tuesday, February 19th.

According to Zacks, analysts expect that USA Compression Partners will report full-year earnings of ($0.46) per share for the current financial year, with EPS estimates ranging from ($0.50) to ($0.42). For the next year, analysts expect that the business will post earnings of ($0.15) per share, with EPS estimates ranging from ($0.37) to $0.03. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow USA Compression Partners.

Several equities analysts have recently weighed in on USAC shares. Zacks Investment Research upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Wednesday, October 17th. Wells Fargo & Co set a $18.00 target price on shares of USA Compression Partners and gave the stock a “hold” rating in a research note on Friday, November 9th. ValuEngine downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. B. Riley set a $21.00 target price on shares of USA Compression Partners and gave the stock a “buy” rating in a research note on Tuesday, November 6th. Finally, UBS Group cut shares of USA Compression Partners from a “buy” rating to a “neutral” rating in a research note on Thursday, January 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. USA Compression Partners presently has a consensus rating of “Hold” and an average target price of $20.57.

USAC opened at $14.32 on Monday. The stock has a market capitalization of $1.29 billion, a PE ratio of 89.50 and a beta of 1.33. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.32 and a quick ratio of 0.84. USA Compression Partners has a twelve month low of $12.09 and a twelve month high of $19.28.

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 8th. Investors of record on Monday, January 28th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, January 25th. This represents a $2.10 annualized dividend and a yield of 14.66%. USA Compression Partners’s dividend payout ratio is currently 1,312.50%.

In related news, insider Eric D. Long purchased 40,000 shares of the business’s stock in a transaction on Tuesday, November 13th. The stock was acquired at an average price of $13.89 per share, with a total value of $555,600.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William G. Manias purchased 5,000 shares of the business’s stock in a transaction on Thursday, November 15th. The stock was bought at an average cost of $13.40 per share, with a total value of $67,000.00. The disclosure for this purchase can be found here.

A number of hedge funds have recently added to or reduced their stakes in the business. Arrow Investment Advisors LLC grew its stake in USA Compression Partners by 2.5% in the 4th quarter. Arrow Investment Advisors LLC now owns 29,487 shares of the oil and gas company’s stock worth $383,000 after buying an additional 727 shares in the last quarter. Stockman Wealth Management Inc. lifted its holdings in shares of USA Compression Partners by 2.8% in the 4th quarter. Stockman Wealth Management Inc. now owns 58,902 shares of the oil and gas company’s stock worth $765,000 after acquiring an additional 1,600 shares during the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of USA Compression Partners by 4.3% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 85,519 shares of the oil and gas company’s stock worth $1,279,000 after acquiring an additional 3,487 shares during the last quarter. Albert D Mason Inc. lifted its holdings in shares of USA Compression Partners by 16.4% in the 3rd quarter. Albert D Mason Inc. now owns 33,431 shares of the oil and gas company’s stock worth $552,000 after acquiring an additional 4,705 shares during the last quarter. Finally, Lucas Capital Management lifted its holdings in shares of USA Compression Partners by 19.0% in the 4th quarter. Lucas Capital Management now owns 35,182 shares of the oil and gas company’s stock worth $457,000 after acquiring an additional 5,610 shares during the last quarter. 37.14% of the stock is owned by institutional investors and hedge funds.

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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