Zacks Research Equities Analysts Raise Earnings Estimates for USA Compression Partners LP (NYSE:USAC)

USA Compression Partners LP (NYSE:USAC) – Equities research analysts at Zacks Research lifted their FY2024 EPS estimates for shares of USA Compression Partners in a research report issued to clients and investors on Tuesday, August 27th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings per share of $0.78 for the year, up from their prior estimate of $0.72. The consensus estimate for USA Compression Partners’ current full-year earnings is $0.80 per share. Zacks Research also issued estimates for USA Compression Partners’ Q1 2025 earnings at $0.17 EPS, Q2 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.30 EPS, FY2025 earnings at $0.95 EPS, Q1 2026 earnings at $0.32 EPS and FY2026 earnings at $1.17 EPS.

Several other research analysts also recently weighed in on USAC. StockNews.com downgraded USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Mizuho upgraded shares of USA Compression Partners from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $23.00 to $26.00 in a research report on Thursday, May 30th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $26.00 price objective on shares of USA Compression Partners in a report on Tuesday, June 11th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, USA Compression Partners has a consensus rating of “Hold” and an average price target of $26.50.

USA Compression Partners Stock Performance

USAC stock opened at $22.51 on Thursday. USA Compression Partners has a one year low of $20.97 and a one year high of $28.47. The firm’s fifty day moving average is $22.95 and its 200 day moving average is $24.39. The firm has a market cap of $2.63 billion, a PE ratio of 54.90 and a beta of 1.33.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, August 6th. The oil and gas company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. USA Compression Partners had a negative return on equity of 40.62% and a net margin of 9.77%. The company had revenue of $235.31 million during the quarter, compared to analysts’ expectations of $232.86 million.

USA Compression Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Shareholders of record on Monday, July 22nd were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 9.33%. USA Compression Partners’s payout ratio is currently 512.20%.

Insiders Place Their Bets

In related news, insider Eric D. Long sold 21,396 shares of USA Compression Partners stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $22.27, for a total value of $476,488.92. Following the completion of the sale, the insider now owns 1,786 shares in the company, valued at approximately $39,774.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other USA Compression Partners news, insider Eric D. Long sold 1,786 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $22.81, for a total transaction of $40,738.66. Following the sale, the insider now directly owns 307,026 shares in the company, valued at $7,003,263.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Eric D. Long sold 21,396 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $22.27, for a total transaction of $476,488.92. Following the completion of the transaction, the insider now directly owns 1,786 shares of the company’s stock, valued at approximately $39,774.22. The disclosure for this sale can be found here. Insiders sold a total of 2,812,342 shares of company stock valued at $64,681,132 over the last 90 days.

Institutional Trading of USA Compression Partners

Several hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. increased its stake in shares of USA Compression Partners by 12.2% during the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock worth $105,000 after buying an additional 485 shares during the period. Creekmur Asset Management LLC acquired a new stake in shares of USA Compression Partners in the 4th quarter valued at $46,000. JNBA Financial Advisors purchased a new stake in shares of USA Compression Partners during the 4th quarter worth $46,000. Objectivity Squared LLC lifted its position in shares of USA Compression Partners by 2.1% during the 2nd quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company’s stock worth $4,986,000 after purchasing an additional 4,228 shares during the last quarter. Finally, F&V Capital Management LLC acquired a new position in shares of USA Compression Partners during the first quarter worth $209,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

USA Compression Partners Company Profile

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.