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

U.S. Physical Therapy, Inc. (NYSE:USPH) has received an average rating of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment 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 brokerages that have covered the stock in the last year is $97.50.

A number of analysts recently issued reports on the company. Jefferies Financial Group raised U.S. Physical Therapy to a “strong-buy” rating in a research note on Thursday, March 12th. Citigroup reissued an “outperform” rating on shares of U.S. Physical Therapy in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of U.S. Physical Therapy in a research report on Friday, May 29th. Zacks Research raised U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Barrington Research reduced their price target on U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th.

U.S. Physical Therapy Price Performance

NYSE USPH opened at $63.43 on Friday. The business has a 50 day simple moving average of $67.19 and a 200 day simple moving average of $75.94. U.S. Physical Therapy has a 52-week low of $58.19 and a 52-week high of $93.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market cap of $965.40 million, a price-to-earnings ratio of 126.86, a PEG ratio of 1.75 and a beta of 1.16.

U.S. Physical Therapy (NYSE:USPH) last posted its earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.09). U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.The business had revenue of $198.29 million for the quarter, compared to the consensus estimate of $200.94 million. During the same period in the previous year, the company posted $0.48 earnings per share. U.S. Physical Therapy’s revenue for the quarter was up 7.9% compared to the same quarter last year. Analysts anticipate that U.S. Physical Therapy will post 2.99 earnings per share for the current fiscal year.

U.S. Physical Therapy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 22nd were given a dividend of $0.46 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.84 dividend on an annualized basis and a yield of 2.9%. U.S. Physical Therapy’s dividend payout ratio is 368.00%.

Insiders Place Their Bets

In other news, Director Peter Francis Minan purchased 492 shares of U.S. Physical Therapy stock in a transaction on Monday, June 8th. The stock was purchased at an average price of $63.14 per share, with a total value of $31,064.88. Following the transaction, the director directly owned 2,923 shares in the company, valued at $184,558.22. The trade was a 20.24% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. 2.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On U.S. Physical Therapy

A number of large investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its position in U.S. Physical Therapy by 75.2% during the 1st quarter. Parallel Advisors LLC now owns 785 shares of the company’s stock worth $59,000 after acquiring an additional 337 shares during the last quarter. Bank of America Corp DE boosted its position in U.S. Physical Therapy by 10.9% during 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. California State Teachers Retirement System boosted its position in U.S. Physical Therapy by 41.4% during the 1st quarter. California State Teachers Retirement System now owns 19,687 shares of the company’s stock worth $1,476,000 after acquiring an additional 5,763 shares during the last quarter. Royal Bank of Canada boosted its position in U.S. Physical Therapy by 22.0% during the 1st quarter. Royal Bank of Canada now owns 133,777 shares of the company’s stock worth $10,029,000 after acquiring an additional 24,081 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its position in U.S. Physical Therapy by 13.3% during the 1st quarter. Quantinno Capital Management LP now owns 8,648 shares of the company’s stock worth $648,000 after acquiring an additional 1,014 shares during the last quarter.

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.