USA Compression Partners (NYSE:USAC) Price Target Raised to $30.00

USA Compression Partners (NYSE:USACGet Free Report) had its target price hoisted by stock analysts at Stifel Nicolaus from $27.00 to $30.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the oil and gas company’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 13.46% from the stock’s previous close.

A number of other research analysts have also issued reports on USAC. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a report on Tuesday, December 2nd. Zacks Research lowered shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Wall Street Zen raised shares of USA Compression Partners from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Mizuho boosted their price target on shares of USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $26.75.

Check Out Our Latest Research Report on USA Compression Partners

USA Compression Partners Trading Up 2.0%

Shares of USAC stock traded up $0.51 during trading hours on Wednesday, hitting $26.44. The company’s stock had a trading volume of 5,147 shares, compared to its average volume of 221,258. USA Compression Partners has a twelve month low of $21.59 and a twelve month high of $28.67. The business has a fifty day moving average of $24.76 and a 200-day moving average of $24.07. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 33.05 and a beta of 0.23.

USA Compression Partners (NYSE:USACGet Free Report) last released its earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. USA Compression Partners had a negative return on equity of 76.84% and a net margin of 10.99%.The firm had revenue of $252.48 million for the quarter, compared to the consensus estimate of $253.43 million. On average, equities analysts expect that USA Compression Partners will post 1.05 EPS for the current fiscal year.

Hedge Funds Weigh In On USA Compression Partners

Several hedge funds and other institutional investors have recently modified their holdings of USAC. Abel Hall LLC purchased a new position in shares of USA Compression Partners in the 4th quarter valued at $230,000. Jump Financial LLC raised its position in USA Compression Partners by 157.0% in the fourth quarter. Jump Financial LLC now owns 109,251 shares of the oil and gas company’s stock valued at $2,513,000 after purchasing an additional 66,745 shares during the period. Osaic Holdings Inc. grew its stake in USA Compression Partners by 11.1% during the 4th quarter. Osaic Holdings Inc. now owns 36,283 shares of the oil and gas company’s stock worth $835,000 after purchasing an additional 3,633 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of USA Compression Partners by 0.4% in the 4th quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock valued at $2,924,000 after purchasing an additional 521 shares in the last quarter. Finally, Mariner LLC boosted its holdings in shares of USA Compression Partners by 8.6% in the 4th quarter. Mariner LLC now owns 16,565 shares of the oil and gas company’s stock valued at $381,000 after buying an additional 1,313 shares in the last quarter. 47.77% of the stock is owned by institutional investors.

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About USA Compression Partners

(Get Free Report)

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.

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