USA Compression Partners (NYSE:USAC) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

USA Compression Partners (NYSE:USAC) announced its quarterly earnings data on Tuesday. The oil and gas company reported $0.18 earnings per share (EPS) 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 stock opened at $29.30 on Tuesday. The stock’s fifty day moving average is $24.39 and its 200-day moving average is $23.21. The stock has a market capitalization of $3.43 billion, a PE ratio of 51.40 and a beta of 1.34. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $30.10.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were paid 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 yield of 7.17%. USA Compression Partners’s dividend payout ratio is 368.43%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on USAC. Mizuho boosted their price target on shares of 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 reissued a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a research report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target 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.