U.S. Physical Therapy, Inc. (NYSE:USPH) Receives Average Recommendation of “Hold” from Analysts

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Shares of U.S. Physical Therapy, Inc. (NYSE:USPH) have been assigned an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $119.54.

A number of analysts have issued reports on USPH shares. Zacks Investment Research reissued a “buy” rating and issued a $145.00 price objective on shares of U.S. Physical Therapy in a report on Saturday, October 5th. ValuEngine downgraded shares of U.S. Physical Therapy from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd.

NYSE USPH traded up $1.33 during trading on Thursday, reaching $134.03. The company’s stock had a trading volume of 7,669 shares, compared to its average volume of 73,332. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 50.66, a price-to-earnings-growth ratio of 3.65 and a beta of 1.12. U.S. Physical Therapy has a 12 month low of $98.69 and a 12 month high of $138.58. The firm has a 50 day moving average price of $131.91 and a 200 day moving average price of $122.69.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.81 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.81. The firm had revenue of $126.40 million during the quarter, compared to the consensus estimate of $124.86 million. U.S. Physical Therapy had a net margin of 6.22% and a return on equity of 19.19%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 EPS. On average, equities analysts forecast that U.S. Physical Therapy will post 2.94 EPS for the current fiscal year.

In other news, Director Mark J. Brookner sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $134.84, for a total transaction of $404,520.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Christopher J. Reading sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $135.13, for a total transaction of $945,910.00. The disclosure for this sale can be found here. Insiders sold a total of 22,803 shares of company stock valued at $3,067,830 in the last three months. Insiders own 2.50% of the company’s stock.

Several institutional investors have recently modified their holdings of USPH. EULAV Asset Management increased its position in U.S. Physical Therapy by 11.3% during the 2nd quarter. EULAV Asset Management now owns 71,700 shares of the company’s stock worth $8,788,000 after purchasing an additional 7,300 shares in the last quarter. GSA Capital Partners LLP acquired a new position in U.S. Physical Therapy during the 2nd quarter worth approximately $712,000. AE Wealth Management LLC increased its position in U.S. Physical Therapy by 61.4% during the 2nd quarter. AE Wealth Management LLC now owns 4,369 shares of the company’s stock worth $536,000 after purchasing an additional 1,662 shares in the last quarter. LPL Financial LLC acquired a new position in U.S. Physical Therapy during the 2nd quarter worth approximately $227,000. Finally, Great Lakes Advisors LLC increased its position in U.S. Physical Therapy by 2.5% during the 2nd quarter. Great Lakes Advisors LLC now owns 44,705 shares of the company’s stock worth $5,480,000 after purchasing an additional 1,079 shares in the last quarter.

About U.S. Physical Therapy

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.

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