Brokerages Set U.S. Physical Therapy, Inc. (NYSE:USPH) PT at $109.00

Shares of U.S. Physical Therapy, Inc. (NYSE:USPH - Get Free Report) have earned an average recommendation of "Buy" from the six analysts that are covering the stock, MarketBeat.com reports. One investment analyst has 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 12 month price objective among brokers that have covered the stock in the last year is $109.00.

A number of equities analysts have commented on USPH shares. Barrington Research restated an "outperform" rating and issued a $98.00 price target on shares of U.S. Physical Therapy in a research report on Tuesday, July 1st. JPMorgan Chase & Co. reduced their price target on shares of U.S. Physical Therapy from $120.00 to $110.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 19th. JMP Securities restated a "market outperform" rating and issued a $113.00 price target on shares of U.S. Physical Therapy in a research report on Tuesday, April 22nd. Finally, Wall Street Zen upgraded shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th.

U.S. Physical Therapy Price Performance

Shares of U.S. Physical Therapy stock traded up $1.47 during trading on Friday, hitting $82.14. 158,966 shares of the company's stock traded hands, compared to its average volume of 121,404. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 1.17. The firm's fifty day moving average price is $76.11 and its 200 day moving average price is $79.49. U.S. Physical Therapy has a twelve month low of $62.77 and a twelve month high of $101.20. The company has a market cap of $1.25 billion, a PE ratio of 37.68, a PEG ratio of 3.98 and a beta of 1.44.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $183.79 million for the quarter, compared to analyst estimates of $176.78 million. U.S. Physical Therapy had a net margin of 4.57% and a return on equity of 7.89%. The firm's revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. Analysts forecast that U.S. Physical Therapy will post 2.67 earnings per share for the current year.

U.S. Physical Therapy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 23rd were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend was Friday, May 23rd. U.S. Physical Therapy's dividend payout ratio is presently 82.57%.

Insider Buying and Selling at U.S. Physical Therapy

In other U.S. Physical Therapy news, Director Nancy Ham sold 400 shares of the business's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $78.01, for a total value of $31,204.00. Following the completion of the transaction, the director directly owned 2,594 shares of the company's stock, valued at approximately $202,357.94. The trade was a 13.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company's stock.

Hedge Funds Weigh In On U.S. Physical Therapy

A number of institutional investors have recently modified their holdings of the stock. CBIZ Investment Advisory Services LLC raised its stake in shares of U.S. Physical Therapy by 59.8% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company's stock worth $29,000 after buying an additional 122 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of U.S. Physical Therapy by 952.4% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 442 shares of the company's stock worth $32,000 after buying an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of U.S. Physical Therapy during the fourth quarter worth approximately $39,000. Fifth Third Bancorp raised its stake in shares of U.S. Physical Therapy by 34.6% during the first quarter. Fifth Third Bancorp now owns 1,030 shares of the company's stock worth $75,000 after buying an additional 265 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of U.S. Physical Therapy during the fourth quarter worth approximately $84,000.

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.