U.S. Physical Therapy, Inc. (NYSE:USPH) Stock Has Average Price Target of $98.25

Shares of U.S. Physical Therapy, Inc. (NYSE:USPH - Get Free Report) have 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 assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $98.25.

Several equities analysts have issued reports on USPH shares. JPMorgan Chase & Co. lifted their target price on 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. Weiss Ratings reissued a "hold (c-)" rating on shares of U.S. Physical Therapy in a research report on Wednesday, August 26th. Barrington Research boosted their target price on shares of U.S. Physical Therapy from $90.00 to $98.00 and gave the stock an "outperform" rating in a research report on Monday, August 10th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of U.S. Physical Therapy in a report on Wednesday, August 19th.

Institutional Trading of U.S. Physical Therapy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in USPH. Legal & General Group Plc acquired a new stake in shares of U.S. Physical Therapy in the second quarter valued at about $2,339,000. Renaissance Technologies LLC raised its position in shares of U.S. Physical Therapy by 23.4% during the 1st quarter. Renaissance Technologies LLC now owns 76,956 shares of the company's stock worth $5,769,000 after purchasing an additional 14,582 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in U.S. Physical Therapy in the 2nd quarter valued at about $9,087,000. Royal Bank of Canada lifted its stake in U.S. Physical Therapy by 22.0% in the 1st quarter. Royal Bank of Canada now owns 133,777 shares of the company's stock valued at $10,029,000 after buying an additional 24,081 shares in the last quarter. Finally, BlackRock Inc. acquired a new stake in U.S. Physical Therapy in the 2nd quarter worth about $155,505,000.

U.S. Physical Therapy Stock Performance

Shares of NYSE:USPH opened at $88.69 on Friday. The firm's 50 day simple moving average is $82.07 and its 200-day simple moving average is $74.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.27 and a current ratio of 1.27. U.S. Physical Therapy has a one year low of $58.19 and a one year high of $93.50. The firm has a market cap of $1.32 billion, a PE ratio of 521.71, a price-to-earnings-growth ratio of 2.25 and a beta of 1.12.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.06). The firm had revenue of $214.06 million during 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%. U.S. Physical Therapy's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.81 earnings per share. As a group, equities analysts predict that U.S. Physical Therapy will post 2.89 EPS for the current year.

U.S. Physical Therapy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, August 21st were issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, August 21st. U.S. Physical Therapy's payout ratio is 1,082.35%.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc NYSE: USPH operates outpatient physical therapy clinics throughout the United States. The company provides treatment and rehabilitation services for patients recovering from injuries, surgeries, illnesses and other conditions that affect movement, strength and physical function.

In addition to company-operated clinics, U.S. Physical Therapy develops and manages physical therapy practices in partnership with local physical therapists. Its services generally include orthopedic and sports rehabilitation, post-operative therapy, treatment for musculoskeletal conditions and other forms of outpatient rehabilitation.

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