Wall Street analysts expect USD Partners LP (NYSE:USDP) to report earnings per share of $0.16 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for USD Partners’ earnings. USD Partners posted earnings of $0.25 per share in the same quarter last year, which would suggest a negative year over year growth rate of 36%. The business is scheduled to announce its next earnings report on Tuesday, August 6th.

According to Zacks, analysts expect that USD Partners will report full year earnings of $0.74 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the company will post earnings of $1.07 per share. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that cover USD Partners.

USD Partners (NYSE:USDP) last announced its quarterly earnings data on Tuesday, May 7th. The transportation company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.12). USD Partners had a net margin of 13.56% and a return on equity of 22.10%. The firm had revenue of $27.37 million during the quarter.

USDP has been the subject of several research analyst reports. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Zacks Investment Research cut shares of Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a report on Thursday, May 9th. Bank of America set a $221.00 target price on shares of Constellation Brands and gave the company a “buy” rating in a report on Monday, July 1st. Finally, TheStreet cut shares of USD Partners from a “b-” rating to a “c+” rating in a report on Friday, May 10th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. USD Partners currently has an average rating of “Buy” and an average target price of $13.00.

Shares of USD Partners stock traded up $0.05 during trading hours on Friday, hitting $11.75. The company had a trading volume of 55,669 shares, compared to its average volume of 40,884. The company’s 50-day moving average price is $11.37. USD Partners has a twelve month low of $9.15 and a twelve month high of $11.92. The company has a debt-to-equity ratio of 3.49, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $316.82 million, a P/E ratio of 15.26 and a beta of 0.44.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Tuesday, August 6th will be issued a $0.365 dividend. This is a boost from USD Partners’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, August 5th. This represents a $1.46 annualized dividend and a dividend yield of 12.43%. USD Partners’s dividend payout ratio is presently 188.31%.

Several institutional investors have recently modified their holdings of USDP. Salient Capital Advisors LLC acquired a new position in shares of USD Partners in the 1st quarter valued at $376,000. LPL Financial LLC acquired a new stake in USD Partners during the 4th quarter worth $158,000. Barclays PLC acquired a new stake in USD Partners during the 4th quarter worth $76,000. Citigroup Inc. acquired a new stake in USD Partners during the 4th quarter worth $53,000. Finally, First Republic Investment Management Inc. boosted its stake in USD Partners by 8.0% during the 1st quarter. First Republic Investment Management Inc. now owns 17,530 shares of the transportation company’s stock worth $190,000 after purchasing an additional 1,301 shares during the period. Institutional investors and hedge funds own 21.85% of the company’s stock.

USD Partners Company Profile

USD Partners LP acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the United States and Canada. The company operates through two segments, Terminalling Services and Fleet Services. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in Stroud, Oklahoma; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and terminals in San Antonio, Texas and West Colton, California, which are unit train-capable destination terminals that transload ethanol received by rail from producers onto trucks.

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