U.S. Physical Therapy, Inc. (NYSE:USPH) Receives $99.50 Average Price Target from Brokerages

U.S. Physical Therapy, Inc. (NYSE:USPH) has earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $99.50.

A number of research firms recently issued reports on USPH. Citizens Jmp reiterated a “market outperform” rating and set a $98.00 price objective on shares of U.S. Physical Therapy in a research note on Wednesday, June 24th. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Wednesday, August 19th. Barrington Research lifted their target price on U.S. Physical Therapy from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Zacks Research upgraded U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of U.S. Physical Therapy in a report on Wednesday, August 26th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of U.S. Physical Therapy in the second quarter worth $155,505,000. California State Teachers Retirement System boosted its stake in U.S. Physical Therapy by 5,517.7% during the second quarter. California State Teachers Retirement System now owns 1,105,954 shares of the company’s stock valued at $75,957,000 after buying an additional 1,086,267 shares during the period. Vanguard Group Inc. grew its position in U.S. Physical Therapy by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 1,085,336 shares of the company’s stock worth $84,754,000 after buying an additional 15,712 shares in the last quarter. Copeland Capital Management LLC grew its position in U.S. Physical Therapy by 6.5% during the first quarter. Copeland Capital Management LLC now owns 836,831 shares of the company’s stock worth $62,729,000 after buying an additional 50,717 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in U.S. Physical Therapy by 10.9% in the 1st quarter. Bank of America Corp DE now owns 554,621 shares of the company’s stock worth $41,574,000 after acquiring an additional 54,656 shares during the last quarter.

U.S. Physical Therapy Stock Performance

Shares of USPH stock opened at $77.73 on Friday. The firm’s 50 day moving average is $76.93 and its 200 day moving average is $73.12. The stock has a market capitalization of $1.16 billion, a P/E ratio of 457.24, a PEG ratio of 2.14 and a beta of 1.13. U.S. Physical Therapy has a 12 month low of $58.19 and a 12 month high of $93.50. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.48.

U.S. Physical Therapy (NYSE:USPH) last posted its earnings results on Thursday, August 6th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.06). The company had revenue of $214.06 million for the quarter, compared to analysts’ expectations of $211.36 million. U.S. Physical Therapy had a return on equity of 9.39% and a net margin of 3.97%.The company’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. On average, sell-side analysts anticipate that U.S. Physical Therapy will post 2.95 earnings per share for the current year.

U.S. Physical Therapy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is 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 (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.