Zacks Investment Research upgraded shares of USA Compression Partners, LP (NYSE:USAC) from a hold rating to a buy rating in a research note released on Friday morning. Zacks Investment Research currently has $19.00 price target on the oil and gas company’s stock.

According to Zacks, “USA Compression Partners, LP is engaged in providing compression services primarily in the United States. It designs, engineers, operates and maintains natural gas compressor packages. The Company’s customer base is comprised of producers, processors, gatherers and transporters of natural gas. It generally provides its compression services primarily under long-term, fixed fee contracts. USA Compression Partners, LP is headquartered in Austin, Texas. “

USAC has been the topic of a number of other research reports. ValuEngine lowered USA Compression Partners, from a hold rating to a sell rating in a research report on Friday, September 1st. BidaskClub lowered USA Compression Partners, from a sell rating to a strong sell rating in a research report on Tuesday, August 1st. Royal Bank Of Canada boosted their price objective on USA Compression Partners, from $17.00 to $18.00 and gave the stock a sector perform rating in a research report on Wednesday, November 8th. Finally, Janney Montgomery Scott initiated coverage on USA Compression Partners, in a research report on Friday, September 1st. They set a neutral rating and a $16.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. USA Compression Partners, has an average rating of Hold and a consensus price target of $17.67.

Shares of USA Compression Partners, (NYSE USAC) traded down $0.05 during mid-day trading on Friday, reaching $16.77. The company had a trading volume of 46,800 shares, compared to its average volume of 113,111. The company has a market cap of $1,260.00, a price-to-earnings ratio of 104.81 and a beta of 1.20. USA Compression Partners, has a twelve month low of $14.30 and a twelve month high of $19.78. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.35 and a quick ratio of 0.74.

USA Compression Partners, (NYSE:USAC) last issued its quarterly earnings data on Tuesday, November 7th. The oil and gas company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). The firm had revenue of $72.79 million for the quarter, compared to the consensus estimate of $68.82 million. USA Compression Partners, had a return on equity of 1.62% and a net margin of 3.63%. The company’s revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.04) EPS. sell-side analysts anticipate that USA Compression Partners, will post 0.26 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which was paid on Friday, November 10th. Shareholders of record on Monday, October 30th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 12.52%. The ex-dividend date of this dividend was Friday, October 27th. USA Compression Partners,’s payout ratio is presently 1,400.00%.

Institutional investors and hedge funds have recently made changes to their positions in the business. IHT Wealth Management LLC acquired a new position in USA Compression Partners, during the 2nd quarter worth about $241,000. Global X Management Co. LLC lifted its holdings in USA Compression Partners, by 8.9% during the 2nd quarter. Global X Management Co. LLC now owns 9,571 shares of the oil and gas company’s stock worth $157,000 after buying an additional 783 shares during the period. Tower Research Capital LLC TRC acquired a new position in USA Compression Partners, during the 2nd quarter worth about $225,000. Creative Planning lifted its holdings in USA Compression Partners, by 10.4% during the 2nd quarter. Creative Planning now owns 25,326 shares of the oil and gas company’s stock worth $414,000 after buying an additional 2,376 shares during the period. Finally, HITE Hedge Asset Management LLC acquired a new position in USA Compression Partners, during the 3rd quarter worth about $471,000.

USA Compression Partners, Company Profile

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.

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