Wall Street brokerages expect USA Compression Partners LP (NYSE:USAC) to report sales of $172.96 million for the current quarter, Zacks reports. Four analysts have provided estimates for USA Compression Partners’ earnings, with estimates ranging from $172.50 million to $173.60 million. USA Compression Partners posted sales of $166.90 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.6%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, August 6th.

On average, analysts expect that USA Compression Partners will report full-year sales of $699.94 million for the current year, with estimates ranging from $695.00 million to $711.90 million. For the next financial year, analysts expect that the company will post sales of $738.43 million, with estimates ranging from $714.00 million to $775.00 million. Zacks’ sales averages are an average based on a survey of research firms that cover USA Compression Partners.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, May 7th. The oil and gas company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The firm had revenue of $170.70 million for the quarter, compared to analyst estimates of $171.61 million. USA Compression Partners had a return on equity of 1.38% and a net margin of 2.86%. USA Compression Partners’s revenue was up 119.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.23) earnings per share.

A number of equities analysts recently weighed in on the company. Zacks Investment Research upgraded USA Compression Partners from a “strong sell” rating to a “hold” rating in a research report on Friday, February 22nd. ValuEngine upgraded USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Tuesday, May 28th. Stifel Nicolaus assumed coverage on USA Compression Partners in a research report on Thursday, April 4th. They issued a “buy” rating and a $18.00 price target for the company. Finally, B. Riley set a $22.00 price target on USA Compression Partners and gave the company a “buy” rating in a research report on Wednesday, February 20th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $20.17.

Several large investors have recently added to or reduced their stakes in the stock. Intrinsic Edge Capital Management LLC acquired a new stake in USA Compression Partners during the 4th quarter worth about $1,188,000. Albert D Mason Inc. boosted its position in USA Compression Partners by 4.9% during the 1st quarter. Albert D Mason Inc. now owns 32,416 shares of the oil and gas company’s stock worth $506,000 after acquiring an additional 1,525 shares during the period. Dividend Assets Capital LLC boosted its position in USA Compression Partners by 2.0% during the 1st quarter. Dividend Assets Capital LLC now owns 379,623 shares of the oil and gas company’s stock worth $5,938,000 after acquiring an additional 7,293 shares during the period. Wiley BROS. Aintree Capital LLC boosted its position in USA Compression Partners by 7.7% during the 1st quarter. Wiley BROS. Aintree Capital LLC now owns 33,633 shares of the oil and gas company’s stock worth $525,000 after acquiring an additional 2,400 shares during the period. Finally, Duff & Phelps Investment Management Co. boosted its position in USA Compression Partners by 25.0% during the 1st quarter. Duff & Phelps Investment Management Co. now owns 275,000 shares of the oil and gas company’s stock worth $4,293,000 after acquiring an additional 55,000 shares during the period. Institutional investors and hedge funds own 34.08% of the company’s stock.

NYSE:USAC traded down $0.57 during mid-day trading on Friday, reaching $17.03. 176,495 shares of the stock were exchanged, compared to its average volume of 274,596. The firm has a market cap of $1.56 billion, a P/E ratio of -39.60 and a beta of 1.32. USA Compression Partners has a 1-year low of $12.09 and a 1-year high of $18.43. The company has a quick ratio of 0.99, a current ratio of 1.70 and a debt-to-equity ratio of 1.36.

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.

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Earnings History and Estimates for USA Compression Partners (NYSE:USAC)

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