A stock that deserves closer examination: USA Compression Partners LP (USAC)

While USA Compression Partners LP has overperformed by 1.29%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, USAC rose by 28.70%, with highs and lows ranging from $26.61 to $18.48, whereas the simple moving average jumped by 17.34% in the last 200 days.

On September 29, 2023, Mizuho Downgraded USA Compression Partners LP (NYSE: USAC) to Underperform.

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Analysis of USA Compression Partners LP (USAC)

Investors in USA Compression Partners LP will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $2.10 per share. Further, the quarter-over-quarter increase in sales is 20.86%, showing a positive trend in the upcoming months.

One of the most important indicators of USA Compression Partners LP’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 19.97% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.66, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can also provide valuable insight into volatility, and USAC is recording 608.84K average volume. On a monthly basis, the volatility of the stock is set at 3.69%, whereas on a weekly basis, it is put at 3.88%, with a gain of 4.33% over the past seven days. Furthermore, long-term investors anticipate a median target price of $23.50, showing decline from the present price of $26.01, which can serve as yet another indication of whether USAC is worth investing in or should be passed over.

How Do You Analyze USA Compression Partners LP Shares?

The Oil & Gas Equipment & Services market is dominated by USA Compression Partners LP (USAC) based in the USA. When comparing USA Compression Partners LP shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 173.86, there is a growth in quarterly earnings of 430.42%.

Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 50.13%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 24.43% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in USAC shares?

The recent increase in stakes in USAC appears to be a result of several institutional investors and hedge funds increasing their positions. Invesco Advisers, Inc.’s position in USAC has decreased by -1.87% in the first quarter. The company now owns 13,917,045 shares of the stock, with a value of $317.73 million, following the sale of -264,988 additional shares during the last quarter. Harvest Fund Advisors LLC made another decreased to its shares in USAC during the first quarter, downing its stake by -3.52%. During the last quarter, the company picked up -92,093 additional shares for a total stake of worth $57.62 million, bringing number of shares owned by the company to 2,523,920.

During the first quarter, JPMorgan Securities LLC added a 415,956 position in USAC. Global X Management Co. LLC purchased an additional 28875.0 shares in the last quarter, increasing its holdings by 4.22%, now holding 0.71 million shares worth $16.28 million. At the end of the first quarter, Raymond James Financial Services increased its USAC holdings by 1.90% and now holds 0.46 million USAC shares valued at $10.58 million with the added 8659.0 shares during the period. USAC shares are owned by institutional investors to the tune of 24.43% at present.

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