U.S. Physical Therapy (NYSE:USPH) Announces Earnings Results

U.S. Physical Therapy (NYSE:USPH - Get Free Report) issued its earnings results on Tuesday. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.07), Briefing.com reports. U.S. Physical Therapy had a return on equity of 8.52% and a net margin of 4.67%. The firm had revenue of $155.70 million during the quarter, compared to the consensus estimate of $153.30 million. During the same period last year, the business earned $0.59 earnings per share. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year.

U.S. Physical Therapy Stock Down 1.6 %

USPH stock traded down $1.66 during midday trading on Wednesday, reaching $103.93. 117,508 shares of the company's stock traded hands, compared to its average volume of 69,324. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 76.52, a P/E/G ratio of 4.99 and a beta of 1.39. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. U.S. Physical Therapy has a 52 week low of $78.08 and a 52 week high of $124.11. The firm's fifty day moving average price is $105.26 and its 200-day moving average price is $96.31.

U.S. Physical Therapy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, March 12th were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.69%. This is a positive change from U.S. Physical Therapy's previous quarterly dividend of $0.43. The ex-dividend date was Monday, March 11th. U.S. Physical Therapy's payout ratio is presently 130.37%.

Insider Activity at U.S. Physical Therapy

In other U.S. Physical Therapy news, CFO Carey P. Hendrickson sold 1,800 shares of the firm's stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $107.28, for a total value of $193,104.00. Following the completion of the transaction, the chief financial officer now directly owns 21,186 shares of the company's stock, valued at approximately $2,272,834.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Clayton Trier sold 400 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $107.00, for a total transaction of $42,800.00. Following the completion of the sale, the director now owns 7,000 shares of the company's stock, valued at $749,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Carey P. Hendrickson sold 1,800 shares of U.S. Physical Therapy stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $107.28, for a total transaction of $193,104.00. Following the completion of the transaction, the chief financial officer now directly owns 21,186 shares in the company, valued at $2,272,834.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,829 shares of company stock valued at $1,141,535. 1.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

USPH has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on U.S. Physical Therapy from $99.00 to $117.00 and gave the stock an "overweight" rating in a report on Wednesday, March 13th. StockNews.com upgraded shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research note on Monday, March 18th. Finally, Barrington Research upped their price objective on U.S. Physical Therapy from $120.00 to $122.00 and gave the company an "outperform" rating in a research note on Friday, March 1st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, U.S. Physical Therapy has a consensus rating of "Moderate Buy" and a consensus price target of $125.67.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.