U.S. Physical Therapy, Inc. (NYSE:USPH) Stock Has Consensus Target Price of $98.25 According to Analysts

U.S. Physical Therapy, Inc. (NYSE:USPH) has received an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $98.25.

USPH has been the subject of several analyst reports. JPMorgan Chase & Co. upped their price target on shares of U.S. Physical Therapy from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Friday, September 11th. Citigroup reiterated a “market outperform” rating on shares of U.S. Physical Therapy in a report on Wednesday, August 19th. Weiss Ratings reissued a “hold (c-)” rating on shares of U.S. Physical Therapy in a research note on Wednesday, August 26th. Citizens Jmp restated a “market outperform” rating and set a $98.00 target price on shares of U.S. Physical Therapy in a report on Wednesday, June 24th. Finally, Barrington Research raised their price target on U.S. Physical Therapy from $90.00 to $98.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in USPH. Hantz Financial Services Inc. boosted its position in U.S. Physical Therapy by 56.4% during the 4th quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock valued at $29,000 after buying an additional 132 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of U.S. Physical Therapy during the second quarter worth about $30,000. Integrated Wealth Concepts LLC purchased a new stake in shares of U.S. Physical Therapy during the second quarter worth about $33,000. Parallel Advisors LLC grew its stake in shares of U.S. Physical Therapy by 75.2% in the first quarter. Parallel Advisors LLC now owns 785 shares of the company’s stock worth $59,000 after purchasing an additional 337 shares during the last quarter. Finally, Huntington National Bank increased its holdings in U.S. Physical Therapy by 15.4% during the 4th quarter. Huntington National Bank now owns 1,052 shares of the company’s stock valued at $82,000 after purchasing an additional 140 shares during the period.

U.S. Physical Therapy Trading Up 1.5%

USPH stock opened at $83.84 on Tuesday. The company has a market capitalization of $1.25 billion, a PE ratio of 493.20, a price-to-earnings-growth ratio of 2.13 and a beta of 1.12. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.27 and a current ratio of 1.27. U.S. Physical Therapy has a one year low of $58.19 and a one year high of $93.50. The company’s 50 day moving average price is $80.24 and its two-hundred day moving average price is $73.40.

U.S. Physical Therapy (NYSE:USPH) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.06). U.S. Physical Therapy had a net margin of 3.97% and a return on equity of 9.39%. The business had revenue of $214.06 million during the quarter, compared to analysts’ expectations of $211.36 million. During the same period last year, the company posted $0.81 EPS. U.S. Physical Therapy’s revenue for the quarter was up 8.5% on a year-over-year basis. As a group, analysts predict that U.S. Physical Therapy will post 2.89 earnings per share for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 21st were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, August 21st. U.S. Physical Therapy’s dividend payout ratio is 1,082.35%.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc is a healthcare services company that operates outpatient physical therapy clinics throughout the United States. The company provides rehabilitation services for patients recovering from injuries, surgeries, illnesses and other conditions that affect movement, strength or physical function.

In addition to operating clinics, U.S. Physical Therapy develops partnerships with physical therapists and physician groups through management arrangements. The company provides administrative and business support, including billing, information systems, human resources, marketing and compliance services, while clinical care is delivered by licensed healthcare professionals.

The company also provides industrial injury prevention and rehabilitation services to employers and their workforces.