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

U.S. Physical Therapy, Inc. (NYSE:USPH - Get Free Report) has been given an average rating of "Buy" by the six brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $109.00.

A number of research firms have issued reports on USPH. JMP Securities restated a "market outperform" rating and set a $113.00 price target on shares of U.S. Physical Therapy in a report on Tuesday, April 22nd. Wall Street Zen upgraded U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th. Barrington Research dropped their price target on U.S. Physical Therapy from $108.00 to $98.00 and set an "outperform" rating on the stock in a research report on Friday, February 28th. William Blair reiterated a "market perform" rating on shares of U.S. Physical Therapy in a report on Thursday, February 27th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of U.S. Physical Therapy from $120.00 to $110.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 19th.

U.S. Physical Therapy Stock Down 0.9%

NYSE:USPH traded down $0.75 during trading hours on Wednesday, hitting $78.25. 164,716 shares of the company's stock traded hands, compared to its average volume of 114,494. The stock's fifty day moving average price is $72.62 and its two-hundred day moving average price is $81.84. The firm has a market cap of $1.19 billion, a P/E ratio of 83.25, a P/E/G ratio of 3.54 and a beta of 1.45. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.78 and a current ratio of 1.78. U.S. Physical Therapy has a twelve month low of $62.77 and a twelve month high of $101.20.

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, topping the consensus estimate of $0.46 by $0.02. U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The company had revenue of $183.79 million for the quarter, compared to analyst estimates of $176.78 million. During the same period in the prior year, the firm posted $0.51 EPS. The business's revenue was up 18.0% compared to the same quarter last year. On average, research analysts expect that U.S. Physical Therapy will post 2.67 earnings per share for the current fiscal year.

U.S. Physical Therapy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.45 per share. The ex-dividend date is Friday, May 23rd. This represents a $1.80 annualized dividend and a dividend yield of 2.30%. U.S. Physical Therapy's payout ratio is currently 82.57%.

Institutional Trading of U.S. Physical Therapy

A number of large investors have recently made changes to their positions in USPH. CBIZ Investment Advisory Services LLC lifted its stake in U.S. Physical Therapy by 59.8% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company's stock valued at $29,000 after buying an additional 122 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings 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 acquiring an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in U.S. Physical Therapy in the 4th quarter valued at $39,000. Venturi Wealth Management LLC lifted its position in U.S. Physical Therapy by 3,200.0% in the 4th quarter. Venturi Wealth Management LLC now owns 726 shares of the company's stock valued at $64,000 after acquiring an additional 704 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in U.S. Physical Therapy by 34.6% in the 1st quarter. Fifth Third Bancorp now owns 1,030 shares of the company's stock worth $75,000 after purchasing an additional 265 shares during the period.

U.S. Physical Therapy Company Profile

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.