USA Compression Partners (NYSE:USAC) Issues Earnings Results, Misses Estimates By $0.06 EPS

USA Compression Partners (NYSE:USAC) posted its quarterly earnings data on Tuesday. The oil and gas company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.06), Zacks reports. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%.

USA Compression Partners Stock Performance

Shares of USAC opened at $29.30 on Tuesday. USA Compression Partners has a twelve month low of $21.06 and a twelve month high of $30.10. The firm’s 50 day moving average price is $24.39 and its 200 day moving average price is $23.21. The firm has a market cap of $3.43 billion, a PE ratio of 51.40 and a beta of 1.34.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.17%. USA Compression Partners’s dividend payout ratio is 368.43%.

Wall Street Analysts Forecast Growth

USAC has been the topic of a number of research analyst reports. Mizuho lifted their price target on USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, USA Compression Partners has a consensus rating of “Hold” and a consensus target price of $26.50.

About USA Compression Partners

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.