Usa Compression Partners (USAC) Raised to Buy at B. Riley

B. Riley upgraded shares of Usa Compression Partners (NYSE:USAC) from a neutral rating to a buy rating in a research note released on Wednesday, MarketBeat Ratings reports. They currently have $21.00 price target on the oil and gas company’s stock, up from their previous price target of $18.00.

Several other equities research analysts have also commented on USAC. BidaskClub raised shares of Usa Compression Partners from a strong sell rating to a sell rating in a report on Wednesday, September 27th. Zacks Investment Research raised shares of Usa Compression Partners from a hold rating to a buy rating and set a $19.00 price target for the company in a report on Thursday, October 5th. Finally, Royal Bank of Canada upped their target price on shares of Usa Compression Partners from $17.00 to $18.00 and gave the stock a sector perform rating in a report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $19.40.

Shares of Usa Compression Partners (USAC) opened at $18.81 on Wednesday. The company has a market cap of $1,141.89, a price-to-earnings ratio of 134.36 and a beta of 1.18. The company has a quick ratio of 0.74, a current ratio of 1.35 and a debt-to-equity ratio of 1.14. Usa Compression Partners has a 1-year low of $14.30 and a 1-year high of $19.78.

Usa Compression Partners (NYSE:USAC) last issued its quarterly earnings results on Tuesday, November 7th. The oil and gas company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). The company had revenue of $72.79 million during the quarter, compared to analysts’ expectations of $68.82 million. Usa Compression Partners had a return on equity of 1.62% and a net margin of 3.63%. Usa Compression Partners’s revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.04) EPS. analysts expect that Usa Compression Partners will post 0.26 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC grew its holdings in shares of Usa Compression Partners by 12.3% during the third quarter. Chicago Partners Investment Group LLC now owns 87,264 shares of the oil and gas company’s stock worth $1,459,000 after buying an additional 9,543 shares in the last quarter. HITE Hedge Asset Management LLC purchased a new stake in shares of Usa Compression Partners in the third quarter valued at about $471,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Usa Compression Partners by 14.4% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 225,539 shares of the oil and gas company’s stock valued at $3,771,000 after purchasing an additional 28,472 shares during the period. Harvest Fund Advisors LLC grew its holdings in shares of Usa Compression Partners by 21.1% in the third quarter. Harvest Fund Advisors LLC now owns 2,245,460 shares of the oil and gas company’s stock valued at $37,544,000 after purchasing an additional 391,139 shares during the period. Finally, Arrow Investment Advisors LLC grew its holdings in shares of Usa Compression Partners by 10.6% in the third quarter. Arrow Investment Advisors LLC now owns 45,272 shares of the oil and gas company’s stock valued at $757,000 after purchasing an additional 4,336 shares during the period.

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About Usa Compression Partners

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.

Analyst Recommendations for Usa Compression Partners (NYSE:USAC)

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