U.S. Physical Therapy’s (USPH) “Market Outperform” Rating Reaffirmed at Citizens Jmp

U.S. Physical Therapy (NYSE:USPH)‘s stock had its “market outperform” rating reissued by equities research analysts at Citizens Jmp in a research report issued on Wednesday,Benzinga reports. They currently have a $98.00 target price on the stock. Citizens Jmp’s price target would suggest a potential upside of 53.97% from the company’s previous close.

Other analysts have also recently issued reports about the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of U.S. Physical Therapy in a research report on Friday, May 29th. Zacks Research raised U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Wednesday. Barrington Research lowered their target price on shares of U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Finally, Jefferies Financial Group upgraded shares of U.S. Physical Therapy to a “strong-buy” rating in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, U.S. Physical Therapy presently has an average rating of “Moderate Buy” and a consensus price target of $97.50.

U.S. Physical Therapy Stock Up 1.8%

Shares of USPH opened at $63.65 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.41. The company has a 50-day moving average price of $66.64 and a two-hundred day moving average price of $75.79. The stock has a market cap of $968.75 million, a price-to-earnings ratio of 127.30, a P/E/G ratio of 1.73 and a beta of 1.16. U.S. Physical Therapy has a 12 month low of $58.19 and a 12 month high of $93.50.

U.S. Physical Therapy (NYSE:USPH) last issued its earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.09). U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.The company had revenue of $198.29 million during the quarter, compared to analyst estimates of $200.94 million. During the same period in the previous year, the company posted $0.48 earnings per share. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Equities analysts predict that U.S. Physical Therapy will post 2.99 EPS for the current fiscal year.

Insider Buying and Selling

In other U.S. Physical Therapy news, Director Peter Francis Minan bought 492 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were bought at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the acquisition, the director owned 2,923 shares of the company’s stock, valued at approximately $184,558.22. This trade represents a 20.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hantz Financial Services Inc. lifted its stake in shares of U.S. Physical Therapy by 56.4% during the 4th quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock worth $29,000 after buying an additional 132 shares during the last quarter. Huntington National Bank grew its stake in U.S. Physical Therapy by 15.4% in the 4th quarter. Huntington National Bank now owns 1,052 shares of the company’s stock valued at $82,000 after buying an additional 140 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in U.S. Physical Therapy by 4.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,091 shares of the company’s stock valued at $263,000 after acquiring an additional 142 shares during the period. Osaic Holdings Inc. lifted its position in U.S. Physical Therapy by 1.6% during the second quarter. Osaic Holdings Inc. now owns 10,447 shares of the company’s stock worth $817,000 after acquiring an additional 166 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in U.S. Physical Therapy by 68.8% during the third quarter. EverSource Wealth Advisors LLC now owns 471 shares of the company’s stock worth $40,000 after acquiring an additional 192 shares during the last quarter.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.