U.S. Physical Therapy, Inc. (NYSE:USPH) Given Consensus Rating of “Buy” by Brokerages

U.S. Physical Therapy, Inc. (NYSE:USPHGet Rating) has been assigned an average rating of “Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $126.00.

Several equities analysts have recently commented on USPH shares. Barrington Research lowered their target price on U.S. Physical Therapy from $144.00 to $123.00 in a report on Friday, February 25th. Zacks Investment Research lowered U.S. Physical Therapy from a “buy” rating to a “hold” rating in a report on Wednesday, March 2nd. Finally, StockNews.com started coverage on U.S. Physical Therapy in a report on Thursday, March 31st. They set a “hold” rating for the company.

In other news, Director Harry S. Chapman sold 1,280 shares of the stock in a transaction on Thursday, March 17th. The stock was sold at an average price of $96.02, for a total value of $122,905.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Eric Joseph Williams sold 500 shares of the stock in a transaction on Monday, March 14th. The shares were sold at an average price of $93.15, for a total value of $46,575.00. The disclosure for this sale can be found here. Insiders sold 7,218 shares of company stock valued at $676,259 over the last 90 days. 1.80% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of the business. Copeland Capital Management LLC grew its position in shares of U.S. Physical Therapy by 28.4% in the fourth quarter. Copeland Capital Management LLC now owns 415,757 shares of the company’s stock valued at $39,726,000 after purchasing an additional 91,958 shares during the last quarter. Millennium Management LLC lifted its stake in shares of U.S. Physical Therapy by 666.8% in the fourth quarter. Millennium Management LLC now owns 105,709 shares of the company’s stock valued at $10,100,000 after buying an additional 91,924 shares during the period. Alpine Peaks Capital LP bought a new stake in shares of U.S. Physical Therapy in the fourth quarter valued at about $5,597,000. Assenagon Asset Management S.A. bought a new stake in shares of U.S. Physical Therapy in the fourth quarter valued at about $5,316,000. Finally, Marshall Wace LLP bought a new stake in shares of U.S. Physical Therapy in the fourth quarter valued at about $5,142,000. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Shares of USPH opened at $106.85 on Monday. The stock’s 50-day moving average is $97.68 and its two-hundred day moving average is $98.54. The stock has a market cap of $1.39 billion, a PE ratio of 44.15 and a beta of 1.35. U.S. Physical Therapy has a 12 month low of $84.43 and a 12 month high of $123.38. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.14 and a quick ratio of 1.14.

U.S. Physical Therapy (NYSE:USPHGet Rating) last released its quarterly earnings results on Thursday, February 24th. The company reported $0.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.04. U.S. Physical Therapy had a return on equity of 15.08% and a net margin of 6.77%. The business had revenue of $129.83 million for the quarter, compared to analysts’ expectations of $128.62 million. During the same quarter in the previous year, the firm posted $1.08 earnings per share. The company’s revenue was up 10.5% compared to the same quarter last year. On average, research analysts anticipate that U.S. Physical Therapy will post 3.3 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, April 8th. Shareholders of record on Monday, March 14th were given a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 1.53%. This is an increase from U.S. Physical Therapy’s previous quarterly dividend of $0.38. The ex-dividend date was Friday, March 11th. U.S. Physical Therapy’s dividend payout ratio is 67.77%.

About U.S. Physical Therapy (Get Rating)

U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.

See Also

Receive News & Ratings for U.S. Physical Therapy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Physical Therapy and related companies with MarketBeat.com's FREE daily email newsletter.