USA Compression Partners LP (NYSE: USAC) is 20.50% higher on its value in year-to-date trading and has touched a low of $21.06 and a high of $30.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The USAC stock was last observed hovering at around $28.34 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $28.39, the stock is 4.87% and 14.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.18% at the moment leaves the stock 20.42% off its SMA200. USAC registered 23.60% gain for a year compared to 6-month gain of 31.56%. The firm has a 50-day simple moving average (SMA 50) of $24.842 and a 200-day simple moving average (SMA200) of $23.5751.
The stock witnessed a 12.70% loss in the last 1 month and extending the period to 3 months gives it a 23.54%, and is -1.39% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.88% over the week and 3.93% over the month.
USA Compression Partners LP (USAC) has around 854 employees, a market worth around $3.34B and $950.45M in sales. Current P/E ratio is 39.57 and Fwd P/E is 21.95. Profit margin for the company is 8.63%. Distance from 52-week low is 34.81% and -5.68% from its 52-week high. The company has generated returns on investments over the last 12 months (3.23%).
with sales reaching $244.04M over the same period.The EPS is expected to grow by 49.29% this year, but quarterly earnings will post 3.86% year-over-year. Quarterly sales are estimated to grow 6.44% in year-over-year returns.
USA Compression Partners LP (USAC) Top Institutional Holders
113.0 institutions hold shares in USA Compression Partners LP (USAC), with institutional investors hold 64.65% of the company’s shares. The shares outstanding are 117.31M, and float is at 65.68M with Short Float at 3.99%. Institutions hold 38.35% of the Float.
The top institutional shareholder in the company is ALPS ADVISORS INC with over 12.43 million shares valued at $294.95 million. The investor’s holdings represent 12.1221% of the USAC Shares outstanding. As of 2024-06-30, the second largest holder is INVESCO LTD. with 12.09 million shares valued at $$286.92 million to account for 11.7921 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 5.91 million shares representing 5.0585% and valued at over $140.26 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 2.7816 of the shares totaling 2.85 million with a market value of $67.68 million.
USA Compression Partners LP (USAC) Insider Activity
The most recent transaction is an insider sale by LONG ERIC D. SEC filings show that LONG ERIC D sold 21,396 shares of the company’s common stock on Aug 23 ’24 at a price of $22.27 per share for a total of $0.48 million. Following the sale, the insider now owns 1786.0 shares.
USA Compression Partners LP disclosed in a document filed with the SEC on Aug 26 ’24 that LONG ERIC Dsold a total of 1,786 shares of the company’s common stock. The trade occurred on Aug 26 ’24 and was made at $22.81 per share for $40739.0. Following the transaction, the insider now directly holds 0.0 shares of the USAC stock.
Still, SEC filings show that on Aug 19 ’24, LONG ERIC D (Officer) Proposed Sale 23,182 shares at an average price of $21.98 for $0.51 million. The insider now directly holds shares of USA Compression Partners LP (USAC).
