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

Shares of U.S. Physical Therapy, Inc. (NYSE:USPH – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $98.25.

USPH has been the subject of several recent analyst reports. Citigroup reaffirmed 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 research report on Monday, August 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of U.S. Physical Therapy in a research report on Wednesday, August 26th. Citizens Jmp reissued a “market outperform” rating and issued a $98.00 price objective on shares of U.S. Physical Therapy in a report on Wednesday, June 24th. Finally, 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 note on Friday, September 11th.

Check Out Our Latest Research Report on U.S. Physical Therapy

U.S. Physical Therapy Stock Up 0.5%

Shares of NYSE:USPH opened at $84.11 on Tuesday. The company has a 50 day moving average of $80.41 and a 200-day moving average of $73.41. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.27 and a quick 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 stock has a market cap of $1.26 billion, a price-to-earnings ratio of 494.76, a P/E/G ratio of 2.13 and a beta of 1.12.

U.S. Physical Therapy (NYSE:USPH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.75 earnings per share 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 company had revenue of $214.06 million during the quarter, compared to analyst estimates of $211.36 million. During the same period last year, the company earned $0.81 EPS. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. On average, sell-side analysts forecast that U.S. Physical Therapy will post 2.89 earnings per share for the current year.

U.S. Physical Therapy Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of U.S. Physical Therapy during the 2nd quarter worth approximately $155,505,000. Copeland Capital Management LLC lifted its stake in U.S. Physical Therapy by 6.5% in the 1st quarter. Copeland Capital Management LLC now owns 836,831 shares of the company’s stock valued at $62,729,000 after purchasing an additional 50,717 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of 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 valued at $41,574,000 after acquiring an additional 54,656 shares during the last quarter. Dimensional Fund Advisors LP raised its position in U.S. Physical Therapy by 3.2% in the first quarter. Dimensional Fund Advisors LP now owns 507,394 shares of the company’s stock valued at $38,035,000 after purchasing an additional 15,668 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new position in U.S. Physical Therapy in the 2nd quarter valued at approximately $30,013,000.

U.S. Physical Therapy Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for U.S. Physical Therapy (NYSE:USPH)

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