USA Compression Partners (NYSE:USAC) Issues Earnings Results

USA Compression Partners (NYSE:USAC) issued its quarterly earnings results on Tuesday. The oil and gas company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06), Zacks reports. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%.

USA Compression Partners Stock Performance

USA Compression Partners stock opened at $29.30 on Tuesday. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $30.10. The firm has a market cap of $3.43 billion, a P/E ratio of 51.40 and a beta of 1.34. The business’s fifty day moving average is $24.39 and its two-hundred day moving average is $23.21.

USA Compression Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a yield of 7.17%. USA Compression Partners’s dividend payout ratio is 368.43%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $27.00 target price on shares of USA Compression Partners in a research report on Friday, November 22nd. Mizuho lifted their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $26.50.

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.