Wall Street analysts expect that USA Compression Partners, LP (NYSE:USAC) will announce earnings per share (EPS) of $0.07 for the current quarter, according to Zacks. Two analysts have issued estimates for USA Compression Partners,’s earnings. The highest EPS estimate is $0.09 and the lowest is $0.06. USA Compression Partners, posted earnings of $0.06 per share during the same quarter last year, which would suggest a positive year over year growth rate of 16.7%. The company is expected to announce its next quarterly earnings results on Tuesday, November 14th.
On average, analysts expect that USA Compression Partners, will report full-year earnings of $0.23 per share for the current year, with EPS estimates ranging from $0.16 to $0.29. For the next financial year, analysts expect that the company will post earnings of $0.49 per share, with EPS estimates ranging from $0.39 to $0.55. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover USA Compression Partners,.
USA Compression Partners, (NYSE:USAC) last released its quarterly earnings results on Friday, August 4th. The oil and gas company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The firm had revenue of $66.00 million for the quarter, compared to analyst estimates of $65.85 million. USA Compression Partners, had a return on equity of 1.38% and a net margin of 1.20%. USA Compression Partners,’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.05 EPS.
USAC has been the topic of several research reports. BidaskClub raised USA Compression Partners, from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. ValuEngine lowered USA Compression Partners, from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research lowered USA Compression Partners, from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $20.00 target price on shares of USA Compression Partners, in a research report on Tuesday, May 23rd. Finally, Janney Montgomery Scott initiated coverage on USA Compression Partners, in a research report on Friday, September 1st. They issued a “neutral” rating and a $16.00 target price on the stock. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. USA Compression Partners, presently has a consensus rating of “Hold” and an average target price of $18.00.
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USA Compression Partners, (NYSE USAC) traded up 0.32% during trading on Friday, reaching $15.56. The company had a trading volume of 76,586 shares. The stock has a 50 day moving average of $15.69 and a 200-day moving average of $16.44. USA Compression Partners, has a 12 month low of $14.30 and a 12 month high of $19.78. The company has a market capitalization of $958.09 million, a P/E ratio of 471.52 and a beta of 1.17.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Global X Management Co. LLC boosted its stake in shares of USA Compression Partners, by 5.9% during the 1st quarter. Global X Management Co. LLC now owns 8,788 shares of the oil and gas company’s stock worth $148,000 after acquiring an additional 490 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of USA Compression Partners, during the 2nd quarter worth about $225,000. IHT Wealth Management LLC bought a new stake in shares of USA Compression Partners, during the 2nd quarter worth about $241,000. Atlantic Trust Group LLC bought a new stake in shares of USA Compression Partners, during the 1st quarter worth about $254,000. Finally, Financial Counselors Inc. bought a new stake in shares of USA Compression Partners, during the 1st quarter worth about $297,000.
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.
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