USA Compression Partners (NYSE:USAC) Stock Rating Lowered by Wall Street Zen

USA Compression Partners (NYSE:USAC) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Other equities analysts have also issued research reports about the stock. Mizuho boosted their target price on shares of USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Zacks Research downgraded shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Finally, Stifel Nicolaus lifted their target price on USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, USA Compression Partners has a consensus rating of “Reduce” and an average target price of $26.75.

USA Compression Partners Stock Performance

NYSE USAC opened at $26.84 on Friday. The stock has a 50-day simple moving average of $24.90 and a 200 day simple moving average of $24.13. USA Compression Partners has a twelve month low of $21.59 and a twelve month high of $28.67. The stock has a market capitalization of $3.89 billion, a PE ratio of 31.95 and a beta of 0.23.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. USA Compression Partners had a negative return on equity of 87.34% and a net margin of 11.15%.The company had revenue of $252.48 million for the quarter, compared to the consensus estimate of $253.43 million. As a group, equities research analysts forecast that USA Compression Partners will post 1.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its holdings in USA Compression Partners by 82.7% during the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock valued at $77,254,000 after purchasing an additional 1,296,339 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of USA Compression Partners by 15.6% during the 2nd quarter. D.A. Davidson & CO. now owns 23,227 shares of the oil and gas company’s stock worth $565,000 after buying an additional 3,129 shares during the period. JPMorgan Chase & Co. boosted its stake in USA Compression Partners by 274.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock valued at $130,085,000 after buying an additional 3,922,383 shares in the last quarter. Global Retirement Partners LLC bought a new stake in USA Compression Partners in the second quarter valued at $255,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in USA Compression Partners by 14.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock valued at $128,971,000 after acquiring an additional 654,001 shares during the period. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.