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

USA Compression Partners (NYSE:USAC) issued its quarterly earnings results on Tuesday. The oil and gas company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06), Zacks reports. USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%.

USA Compression Partners Stock Performance

NYSE:USAC opened at $26.99 on Thursday. The firm has a 50-day simple moving average of $24.59 and a 200-day simple moving average of $23.29. USA Compression Partners has a one year low of $21.06 and a one year high of $30.10. The firm has a market cap of $3.16 billion, a P/E ratio of 47.35 and a beta of 1.34.

USA Compression Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date was Monday, January 27th. USA Compression Partners’s dividend payout ratio (DPR) is 368.43%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on USAC shares. Royal Bank of Canada reaffirmed 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. Mizuho upped their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company 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.