What is Zacks Research’s Estimate for USAC FY2024 Earnings?

USA Compression Partners LP (NYSE:USAC) – Analysts at Zacks Research lifted their FY2024 earnings per share (EPS) estimates for USA Compression Partners in a research report issued on Monday, January 6th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings of $0.76 per share for the year, up from their previous estimate of $0.75. The consensus estimate for USA Compression Partners’ current full-year earnings is $0.80 per share. Zacks Research also issued estimates for USA Compression Partners’ Q4 2024 earnings at $0.26 EPS, Q1 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.31 EPS, FY2025 earnings at $1.01 EPS and FY2026 earnings at $1.26 EPS.

USAC has been the topic of several other research reports. Citigroup started coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They set a “neutral” rating and a $23.00 price target on the stock. Mizuho reduced their price target on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 2nd. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $27.00 price objective 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, USA Compression Partners has an average rating of “Hold” and a consensus target price of $26.00.

USA Compression Partners Stock Down 0.6 %

Shares of USA Compression Partners stock opened at $23.75 on Wednesday. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $28.47. The company has a market cap of $2.78 billion, a PE ratio of 41.67 and a beta of 1.34. The business has a 50 day moving average of $23.09 and a 200 day moving average of $22.88.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The firm had revenue of $239.97 million for the quarter, compared to analysts’ expectations of $238.37 million. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. During the same quarter in the prior year, the company posted $0.09 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP grew its position in USA Compression Partners by 3,054.8% in the 3rd quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock worth $30,000 after purchasing an additional 1,283 shares during the period. Sunbelt Securities Inc. increased its position in USA Compression Partners by 12.2% during the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock valued at $105,000 after acquiring an additional 485 shares during the last quarter. Sanctuary Advisors LLC bought a new position in USA Compression Partners in the second quarter valued at about $204,000. Stifel Financial Corp purchased a new position in USA Compression Partners in the third quarter worth about $210,000. Finally, Seelaus Asset Management LLC grew its stake in shares of USA Compression Partners by 4.6% during the 3rd quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company’s stock valued at $258,000 after purchasing an additional 500 shares during the period. 47.77% of the stock is owned by institutional investors.

USA Compression Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Monday, October 21st were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $2.10 annualized dividend and a yield of 8.84%. USA Compression Partners’s dividend payout ratio (DPR) is presently 368.42%.

USA Compression Partners Company Profile

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.