Brokerages expect that Exterran Partners, L.P. (NYSE:USAC) will announce sales of $152.30 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Exterran Partners’ earnings. The lowest sales estimate is $146.98 million and the highest is $157.61 million. Exterran Partners posted sales of $66.01 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 130.7%. The company is expected to announce its next quarterly earnings report on Friday, August 3rd.
According to Zacks, analysts expect that Exterran Partners will report full-year sales of $551.55 million for the current financial year, with estimates ranging from $535.39 million to $567.71 million. For the next year, analysts expect that the firm will report sales of $673.92 million per share, with estimates ranging from $658.39 million to $689.45 million. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Exterran Partners.
Exterran Partners (NYSE:USAC) last posted its quarterly earnings results on Wednesday, May 9th. The oil and gas company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Exterran Partners had a negative net margin of 1.88% and a positive return on equity of 2.54%. The company had revenue of $77.70 million for the quarter, compared to analyst estimates of $78.39 million. During the same period in the prior year, the company earned $0.02 earnings per share. The firm’s revenue was up 17.7% on a year-over-year basis.
A number of research analysts have weighed in on USAC shares. JPMorgan Chase & Co. set a $23.00 price objective on shares of Exterran Partners and gave the stock a “buy” rating in a research report on Tuesday, February 13th. B. Riley set a $21.00 price objective on shares of Exterran Partners and gave the stock a “buy” rating in a research report on Monday, February 12th. Janney Montgomery Scott upgraded shares of Exterran Partners from a “neutral” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Monday, March 5th. ValuEngine upgraded shares of Exterran Partners from a “hold” rating to a “buy” rating in a research report on Wednesday, May 16th. Finally, Zacks Investment Research upgraded shares of Exterran Partners from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $20.60.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new position in shares of Exterran Partners during the 4th quarter worth about $362,000. First Republic Investment Management Inc. acquired a new position in shares of Exterran Partners during the 1st quarter worth about $1,553,000. Goldman Sachs Group Inc. raised its position in shares of Exterran Partners by 6.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,121,385 shares of the oil and gas company’s stock worth $18,548,000 after purchasing an additional 69,609 shares during the last quarter. Intrinsic Edge Capital Management LLC raised its position in shares of Exterran Partners by 7.1% during the 1st quarter. Intrinsic Edge Capital Management LLC now owns 164,877 shares of the oil and gas company’s stock worth $2,791,000 after purchasing an additional 10,900 shares during the last quarter. Finally, Morris Capital Advisors LLC acquired a new position in shares of Exterran Partners during the 4th quarter worth about $171,000. Hedge funds and other institutional investors own 64.35% of the company’s stock.
Shares of Exterran Partners stock traded up $0.02 during trading hours on Friday, reaching $18.32. The stock had a trading volume of 109,240 shares, compared to its average volume of 202,393. The company has a market cap of $1.65 billion, a P/E ratio of 114.50 and a beta of 1.19. Exterran Partners has a twelve month low of $14.55 and a twelve month high of $19.33. The company has a debt-to-equity ratio of 2.59, a quick ratio of 6.81 and a current ratio of 7.12.
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 11th. Shareholders of record on Tuesday, May 1st were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, April 30th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 11.46%. Exterran Partners’s dividend payout ratio (DPR) is currently 1,312.50%.
Exterran 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.
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