FY2024 Earnings Forecast for USAC Issued By Zacks Research

USA Compression Partners LP (NYSE:USAC) – Stock analysts at Zacks Research lowered their FY2024 EPS estimates for shares of USA Compression Partners in a report issued on Tuesday, November 26th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings of $0.74 per share for the year, down from their prior estimate of $0.78. The consensus estimate for USA Compression Partners’ current full-year earnings is $0.81 per share. Zacks Research also issued estimates for USA Compression Partners’ Q4 2024 earnings at $0.24 EPS, Q1 2025 earnings at $0.19 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.25 EPS, FY2025 earnings at $0.98 EPS, Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.28 EPS and FY2026 earnings at $1.22 EPS.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. The business had revenue of $239.97 million during the quarter, compared to the consensus estimate of $238.37 million. During the same period in the prior year, the firm earned $0.09 earnings per share.

Several other analysts also recently weighed in on USAC. Royal Bank of Canada reiterated a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Citigroup initiated coverage on shares of USA Compression Partners in a research note on Friday, September 27th. They issued a “neutral” rating and a $23.00 target price on the stock. Finally, Mizuho dropped their price target on shares of USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, USA Compression Partners currently has an average rating of “Hold” and a consensus target price of $26.00.

USA Compression Partners Trading Up 0.3 %

NYSE USAC opened at $23.93 on Thursday. The firm has a market cap of $2.80 billion, a PE ratio of 41.98 and a beta of 1.32. USA Compression Partners has a 1-year low of $21.06 and a 1-year high of $28.47. The stock has a 50-day moving average of $22.81 and a 200-day moving average of $23.07.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, October 21st were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 8.78%. USA Compression Partners’s dividend payout ratio (DPR) is presently 368.42%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP increased its position in shares of USA Compression Partners by 3,054.8% during the third quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock valued at $30,000 after buying an additional 1,283 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of USA Compression Partners by 12.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock worth $105,000 after acquiring an additional 485 shares during the period. Sanctuary Advisors LLC bought a new position in shares of USA Compression Partners in the 2nd quarter worth approximately $204,000. Stifel Financial Corp bought a new position in shares of USA Compression Partners in the 3rd quarter worth approximately $210,000. Finally, Seelaus Asset Management LLC lifted its stake in shares of USA Compression Partners by 4.6% in the 3rd quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company’s stock valued at $258,000 after purchasing an additional 500 shares during the period. 47.77% of the stock is owned by hedge funds and other institutional investors.

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.