Wall Street brokerages predict that USD Partners LP (NYSE:USDP) will report earnings per share (EPS) of $0.16 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for USD Partners’ earnings. USD Partners posted earnings per share of $0.25 during the same quarter last year, which would suggest a negative year-over-year growth rate of 36%. The company is scheduled to issue its next earnings results 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 year. For the next year, analysts expect that the company will post earnings of $1.07 per share. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow USD Partners.

USD Partners (NYSE:USDP) last issued its earnings results on Thursday, March 7th. The transportation company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.12). The firm had revenue of $30.33 million during the quarter. USD Partners had a return on equity of 22.10% and a net margin of 13.56%.

Several research analysts have commented on USDP shares. ValuEngine raised shares of USD Partners from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research downgraded shares of USD Partners from a “hold” rating to a “sell” rating in a report on Tuesday, March 12th. Finally, TheStreet downgraded shares of USD Partners from a “b-” rating to a “c+” rating in a report on Friday, May 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $13.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in USDP. Tortoise Index Solutions LLC boosted its holdings in shares of USD Partners by 81.1% during the 4th quarter. Tortoise Index Solutions LLC now owns 4,005 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 1,794 shares during the last quarter. Citigroup Inc. bought a new position in shares of USD Partners in the 4th quarter valued at about $53,000. Ladenburg Thalmann Financial Services Inc. bought a new position in shares of USD Partners in the 1st quarter valued at about $54,000. Barclays PLC bought a new position in shares of USD Partners in the 4th quarter valued at about $76,000. Finally, LPL Financial LLC bought a new position in shares of USD Partners in the 4th quarter valued at about $158,000. 21.50% of the stock is owned by institutional investors and hedge funds.

Shares of USD Partners stock opened at $10.78 on Monday. The firm has a market capitalization of $289.28 million, a P/E ratio of 14.00 and a beta of 0.43. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 3.49. USD Partners has a fifty-two week low of $9.15 and a fifty-two week high of $11.75.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, May 7th were issued a dividend of $0.3625 per share. This represents a $1.45 annualized dividend and a dividend yield of 13.45%. The ex-dividend date was Monday, May 6th. This is an increase from USD Partners’s previous quarterly dividend of $0.36. USD Partners’s dividend payout ratio is 188.31%.

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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