USD Partners (USDP) Receiving Somewhat Positive News Coverage, Analysis Finds

News headlines about USD Partners (NYSE:USDP) have trended somewhat positive on Friday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. USD Partners earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 46.2213057334733 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

USD Partners traded up $0.05, reaching $11.10, during midday trading on Friday, MarketBeat Ratings reports. The company’s stock had a trading volume of 100 shares, compared to its average volume of 32,167. USD Partners has a fifty-two week low of $11.00 and a fifty-two week high of $11.05. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market cap of $292.57 million, a P/E ratio of 12.61 and a beta of 0.81.

USD Partners (NYSE:USDP) last released its quarterly earnings results on Friday, March 9th. The transportation company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.13). The firm had revenue of $27.61 million for the quarter, compared to analyst estimates of $30.06 million. USD Partners had a return on equity of 32.18% and a net margin of 20.74%. sell-side analysts predict that USD Partners will post 1.11 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 11th. Investors of record on Monday, May 7th were given a dividend of $0.3525 per share. This represents a $1.41 dividend on an annualized basis and a yield of 12.70%. The ex-dividend date of this dividend was Friday, May 4th. This is a boost from USD Partners’s previous quarterly dividend of $0.35. USD Partners’s dividend payout ratio (DPR) is currently 160.23%.

USDP has been the topic of a number of analyst reports. ValuEngine lowered shares of USD Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. B. Riley set a $11.00 price objective on shares of USD Partners and gave the company a “hold” rating in a research report on Friday, March 9th. Zacks Investment Research lowered shares of USD Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, March 14th. Finally, Bank of America raised USD Partners from an “underperform” rating to a “neutral” rating in a report on Friday, February 2nd. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. The company has an average rating of “Hold” and a consensus target price of $12.00.

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 Terminalling Services and Fleet Services segments. 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.

Insider Buying and Selling by Quarter for USD Partners (NYSE:USDP)

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