USA Compression Partners (NYSE:USAC) Shares Gap Down – Here’s Why

USA Compression Partners, LP (NYSE:USAC) gapped down before the market opened on Tuesday . The stock had previously closed at $28.17, but opened at $27.16. USA Compression Partners shares last traded at $27.3840, with a volume of 1,112 shares changing hands.

Analyst Ratings Changes

Several analysts have recently commented on USAC shares. Mizuho raised their target price on USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Texas Capital raised USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th. Wall Street Zen lowered USA Compression Partners from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Stifel Nicolaus raised their price objective on USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Wednesday, February 18th. Finally, Zacks Research upgraded USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $26.67.

USA Compression Partners Price Performance

The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 32.86 and a beta of 0.21. The business’s fifty day moving average price is $26.97 and its 200-day moving average price is $24.87.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.28. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. The company had revenue of $252.48 million for the quarter, compared to analyst estimates of $253.43 million. Equities research analysts predict that USA Compression Partners, LP will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, January 26th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend was Monday, January 26th. USA Compression Partners’s payout ratio is currently 250.00%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. CWM LLC purchased a new position in shares of USA Compression Partners during the third quarter valued at approximately $34,000. BNP Paribas Financial Markets raised its position in USA Compression Partners by 233.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock valued at $35,000 after buying an additional 1,010 shares during the last quarter. State of Wyoming purchased a new stake in USA Compression Partners in the 3rd quarter valued at $64,000. MV Capital Management Inc. bought a new position in USA Compression Partners during the 4th quarter valued at $86,000. Finally, Caprock Group LLC bought a new position in USA Compression Partners during the 3rd quarter valued at $205,000. Institutional investors own 47.77% of the company’s stock.

About USA Compression Partners

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.