USA Compression Partners (USAC) Projected to Post Quarterly Earnings on Tuesday

USA Compression Partners (NYSE:USAC) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 11th. Analysts expect USA Compression Partners to post earnings of $0.24 per share and revenue of $243.91 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

USA Compression Partners Stock Up 1.3 %

Shares of USA Compression Partners stock opened at $28.76 on Monday. The firm has a market cap of $3.37 billion, a price-to-earnings ratio of 50.46 and a beta of 1.34. USA Compression Partners has a 52-week low of $21.06 and a 52-week high of $28.85. The company’s 50-day simple moving average is $24.39 and its 200-day simple moving average is $23.21.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 7.30%. The ex-dividend date of this dividend was Monday, January 27th. USA Compression Partners’s dividend payout ratio is presently 368.43%.

Analyst Upgrades and Downgrades

USAC has been the subject of several recent analyst reports. Royal Bank of Canada reissued a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a report on Friday, November 22nd. Mizuho increased their price objective on USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.