U.S. Physical Therapy, Inc. (NYSE:USPH) Given Average Recommendation of “Moderate Buy” by Analysts

U.S. Physical Therapy, Inc. (NYSE:USPH) has received an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $107.75.

USPH has been the subject of a number of analyst reports. Wall Street Zen cut shares of U.S. Physical Therapy from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. JPMorgan Chase & Co. cut their target price on shares of U.S. Physical Therapy from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, November 24th. Weiss Ratings restated a “hold (c)” rating on shares of U.S. Physical Therapy in a report on Wednesday, October 8th. Finally, Barrington Research reiterated an “outperform” rating and issued a $103.00 price objective on shares of U.S. Physical Therapy in a research note on Friday, October 24th.

Insider Activity at U.S. Physical Therapy

In other news, Director Nancy Ham sold 600 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $81.71, for a total value of $49,026.00. Following the completion of the sale, the director directly owned 1,994 shares of the company’s stock, valued at approximately $162,929.74. This represents a 23.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On U.S. Physical Therapy

Several large investors have recently bought and sold shares of USPH. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in U.S. Physical Therapy by 952.4% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 442 shares of the company’s stock worth $32,000 after purchasing an additional 400 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of U.S. Physical Therapy by 171.8% in the second quarter. Cullen Frost Bankers Inc. now owns 443 shares of the company’s stock valued at $35,000 after buying an additional 280 shares during the period. Parallel Advisors LLC lifted its stake in shares of U.S. Physical Therapy by 90.6% in the second quarter. Parallel Advisors LLC now owns 448 shares of the company’s stock valued at $35,000 after buying an additional 213 shares during the period. Advisory Services Network LLC acquired a new stake in U.S. Physical Therapy during the third quarter worth about $39,000. Finally, EverSource Wealth Advisors LLC increased its stake 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 valued at $40,000 after acquiring an additional 192 shares during the period.

U.S. Physical Therapy Stock Performance

USPH opened at $76.02 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $1.16 billion, a PE ratio of 31.94, a price-to-earnings-growth ratio of 3.49 and a beta of 1.32. The stock has a 50-day moving average of $81.40 and a 200-day moving average of $79.94. U.S. Physical Therapy has a 52-week low of $62.77 and a 52-week high of $98.07.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings data on Tuesday, August 22nd. The company reported $0.90 earnings per share for the quarter. The business had revenue of $140.66 million for the quarter. U.S. Physical Therapy had a return on equity of 8.62% and a net margin of 5.71%. As a group, equities research analysts forecast that U.S. Physical Therapy will post 2.67 earnings per share for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Monday, November 17th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, November 17th. U.S. Physical Therapy’s payout ratio is currently 75.63%.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.