News coverage about USD Partners (NYSE:USDP) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. USD Partners earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.6519881127205 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- USD Partners to Attend 2017 RBC Capital Markets Midstream Investor Conference in Dallas, Texas (finance.yahoo.com)
- USD Partners (USDP) and Its Peers Head to Head Contrast (americanbankingnews.com)
- Head-To-Head Contrast: USD Partners (USDP) and Argan (AGX) (americanbankingnews.com)
- USD Partners LP to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of USDP earnings conference call or presentation 8-Nov-17 3:00pm GMT (finance.yahoo.com)
Shares of USD Partners (USDP) traded down $0.13 during trading on Monday, hitting $10.52. The stock had a trading volume of 43,200 shares, compared to its average volume of 48,030. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market capitalization of $272.58, a price-to-earnings ratio of 10.74 and a beta of 1.01. USD Partners has a twelve month low of $9.00 and a twelve month high of $17.50.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Monday, November 6th will be issued a $0.345 dividend. This is a positive change from USD Partners’s previous quarterly dividend of $0.34. The ex-dividend date is Friday, November 3rd. This represents a $1.38 annualized dividend and a dividend yield of 13.12%. USD Partners’s dividend payout ratio is 140.82%.
A number of research analysts have issued reports on the company. BidaskClub upgraded USD Partners from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. TheStreet upgraded USD Partners from a “c” rating to a “b-” rating in a research report on Monday, October 9th. Finally, Zacks Investment Research lowered USD Partners from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $15.50.
In related news, insider Dan Borgen bought 5,000 shares of USD Partners stock in a transaction dated Monday, September 11th. The stock was acquired at an average cost of $9.83 per share, with a total value of $49,150.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider G Stacy Smith bought 3,000 shares of USD Partners stock in a transaction dated Friday, August 25th. The shares were bought at an average cost of $10.78 per share, with a total value of $32,340.00. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 36,350 shares of company stock valued at $377,464. Insiders own 2.60% of the company’s stock.
USD Partners Company Profile
USD Partners LP acquires, develops and operates energy-related logistics assets, including rail terminals and other midstream infrastructure. The Company’s segments include Terminalling services and Fleet services. The Terminalling services segment consists of various operations, including Hardisty terminal, Casper terminal and Ethanol terminals.
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