U.S. Physical Therapy (NYSE:USPH) Price Target Raised to $110.00

U.S. Physical Therapy (NYSE:USPH) had its price objective raised by research analysts at Barrington Research from $98.00 to $110.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Barrington Research‘s target price indicates a potential upside of 9.54% from the stock’s previous close.

A number of other analysts have also commented on USPH. Citigroup reissued a “market outperform” rating on shares of U.S. Physical Therapy in a research report on Wednesday, August 19th. JPMorgan Chase & Co. raised their target price 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. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of U.S. Physical Therapy in a research note on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $101.25.

U.S. Physical Therapy Stock Up 3.3%

NYSE USPH traded up $3.22 during trading on Friday, hitting $100.42. The stock had a trading volume of 171,062 shares, compared to its average volume of 205,161. The company has a market capitalization of $1.50 billion, a PE ratio of -74.20, a P/E/G ratio of 2.27 and a beta of 1.16. The company’s 50-day moving average price is $83.78 and its two-hundred day moving average price is $76.97. 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 12 month low of $58.19 and a 12 month high of $101.18.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. The firm had revenue of $222.56 million during the quarter, compared to the consensus estimate of $214.48 million. U.S. Physical Therapy had a return on equity of 10.00% and a net margin of 3.60%. The business’s revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.66 EPS. As a group, sell-side analysts forecast that U.S. Physical Therapy will post 2.89 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its holdings in shares of U.S. Physical Therapy by 6.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,381 shares of the company’s stock valued at $253,000 after buying an additional 212 shares during the last quarter. Personal CFO Solutions LLC grew its stake in shares of U.S. Physical Therapy by 4.5% in the first quarter. Personal CFO Solutions LLC now owns 6,759 shares of the company’s stock valued at $509,000 after buying an additional 290 shares in the last quarter. Sterling Capital Management LLC increased its holdings in U.S. Physical Therapy by 221.0% during the third quarter. Sterling Capital Management LLC now owns 443 shares of the company’s stock worth $38,000 after buying an additional 305 shares during the last quarter. Allworth Financial LP increased its holdings in U.S. Physical Therapy by 1,341.7% during the third quarter. Allworth Financial LP now owns 346 shares of the company’s stock worth $30,000 after buying an additional 322 shares during the last quarter. Finally, Illinois Municipal Retirement Fund increased its holdings in U.S. Physical Therapy by 4.3% during the first quarter. Illinois Municipal Retirement Fund now owns 8,016 shares of the company’s stock worth $601,000 after buying an additional 332 shares during the last quarter.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc (NYSE: USPH) operates outpatient physical therapy clinics throughout the United States. The company provides treatment and rehabilitation services for patients recovering from injuries, surgeries, illnesses and other conditions that affect movement, strength and physical function.

In addition to company-operated clinics, U.S. Physical Therapy develops and manages physical therapy practices in partnership with local physical therapists. Its services generally include orthopedic and sports rehabilitation, post-operative therapy, treatment for musculoskeletal conditions and other forms of outpatient rehabilitation.