Analysts Set U.S. Physical Therapy, Inc. (NYSE:USPH) PT at $97.50

Shares of U.S. Physical Therapy, Inc. (NYSE:USPH) have been given a consensus rating of “Moderate Buy” by the seven brokerages that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $99.50.

USPH has been the subject of several research analyst reports. Zacks Research upgraded U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $98.00 price target on shares of U.S. Physical Therapy in a research note on Wednesday, June 24th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of U.S. Physical Therapy in a research note on Friday, May 29th. Barrington Research lifted their price objective on shares of U.S. Physical Therapy from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Finally, Citigroup reissued an “outperform” rating on shares of U.S. Physical Therapy in a research report on Monday, August 10th.

Insider Activity

In other news, Director Peter Francis Minan purchased 492 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the acquisition, the director owned 2,923 shares of the company’s stock, valued at approximately $184,558.22. This trade represents a 20.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of USPH. William Blair Investment Management LLC raised its holdings in shares of U.S. Physical Therapy by 7.2% in the fourth quarter. William Blair Investment Management LLC now owns 370,707 shares of the company’s stock valued at $28,949,000 after acquiring an additional 24,848 shares in the last quarter. CenterBook Partners LP grew its holdings in U.S. Physical Therapy by 582.7% during the 4th quarter. CenterBook Partners LP now owns 41,284 shares of the company’s stock worth $3,224,000 after acquiring an additional 35,237 shares in the last quarter. M&T Bank Corp grew its holdings in U.S. Physical Therapy by 172.7% during the 4th quarter. M&T Bank Corp now owns 28,676 shares of the company’s stock worth $2,239,000 after acquiring an additional 18,159 shares in the last quarter. Copeland Capital Management LLC grew its holdings in U.S. Physical Therapy by 6.5% during the 1st quarter. Copeland Capital Management LLC now owns 836,831 shares of the company’s stock worth $62,729,000 after acquiring an additional 50,717 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in U.S. Physical Therapy by 23.4% during the 1st quarter. Renaissance Technologies LLC now owns 76,956 shares of the company’s stock valued at $5,769,000 after purchasing an additional 14,582 shares during the period.

U.S. Physical Therapy Trading Down 0.3%

Shares of NYSE USPH opened at $80.98 on Monday. U.S. Physical Therapy has a fifty-two week low of $58.19 and a fifty-two week high of $93.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.27 and a current ratio of 1.27. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 476.40, a PEG ratio of 2.23 and a beta of 1.13. The business’s 50 day moving average price is $72.10 and its 200-day moving average price is $74.00.

U.S. Physical Therapy (NYSE:USPH) last posted 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). The business had revenue of $214.06 million for the quarter, compared to analysts’ expectations of $211.36 million. U.S. Physical Therapy had a net margin of 3.97% and a return on equity of 9.39%. U.S. Physical Therapy’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.81 EPS. On average, sell-side analysts expect that U.S. Physical Therapy will post 2.96 earnings per share for the current year.

U.S. Physical Therapy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 21st. U.S. Physical Therapy’s payout ratio is currently 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.