Zacks Research Brokers Increase Earnings Estimates for USAC

USA Compression Partners LP (NYSE:USAC - Free Report) - Research analysts at Zacks Research boosted their Q4 2024 earnings estimates for USA Compression Partners in a research note issued to investors on Wednesday, December 18th. Zacks Research analyst R. Department now forecasts that the oil and gas company will earn $0.25 per share for the quarter, up from their previous forecast of $0.24. The consensus estimate for USA Compression Partners' current full-year earnings is $0.80 per share. Zacks Research also issued estimates for USA Compression Partners' Q1 2025 earnings at $0.20 EPS, FY2025 earnings at $0.99 EPS, Q3 2026 earnings at $0.29 EPS and FY2026 earnings at $1.25 EPS.

A number of other research analysts also recently commented on the stock. Citigroup initiated coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They issued a "neutral" rating and a $23.00 price objective for the company. Mizuho reduced their price target on USA Compression Partners from $25.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $27.00 price objective on shares of USA Compression Partners in a research note on Friday, November 22nd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $26.00.

USA Compression Partners Stock Down 2.4 %

Shares of NYSE USAC traded down $0.53 during trading hours on Friday, hitting $21.54. The company had a trading volume of 945,497 shares, compared to its average volume of 354,742. The firm's 50 day moving average is $22.83 and its 200-day moving average is $22.93. USA Compression Partners has a 1-year low of $21.06 and a 1-year high of $28.47. The stock has a market capitalization of $2.52 billion, a P/E ratio of 37.79 and a beta of 1.34.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). The business had revenue of $239.97 million for the quarter, compared to the consensus estimate of $238.37 million. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. During the same period last year, the firm earned $0.09 earnings per share.

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Monday, October 21st were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $2.10 dividend on an annualized basis and a yield of 9.75%. USA Compression Partners's dividend payout ratio (DPR) is currently 368.42%.

Hedge Funds Weigh In On USA Compression Partners

Large investors have recently made changes to their positions in the company. Allworth Financial LP grew its stake in shares of USA Compression Partners by 3,054.8% in the third quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company's stock valued at $30,000 after acquiring an additional 1,283 shares in the last quarter. Sunbelt Securities Inc. grew its position in shares of USA Compression Partners by 12.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company's stock worth $105,000 after purchasing an additional 485 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of USA Compression Partners during the second quarter worth approximately $204,000. Stifel Financial Corp acquired a new stake in shares of USA Compression Partners in the third quarter valued at approximately $210,000. Finally, Seelaus Asset Management LLC boosted its stake in shares of USA Compression Partners by 4.6% in the third quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company's stock valued at $258,000 after buying an additional 500 shares during the period. Institutional investors own 47.77% 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.