U.S. Physical Therapy Price Target Increased to $33.00 by Analysts at Noble Financial (USPH)
Investment analysts at Noble Financial hoisted their price target on shares of U.S. Physical Therapy (NASDAQ:USPH) from $32.00 to $33.00 in a note issued to investors on Wednesday, ARN reports. The firm currently has a “hold” rating on the stock. Noble Financial’s target price suggests a potential upside of 3.94% from the stock’s previous close.
Shares of U.S. Physical Therapy (NASDAQ:USPH) opened at 31.75 on Wednesday. U.S. Physical Therapy has a 52-week low of $22.69 and a 52-week high of $32.15. The stock has a 50-day moving average of $29.50 and a 200-day moving average of $27.85. The company has a market cap of $384.4 million and a P/E ratio of 22.05.
U.S. Physical Therapy (NASDAQ:USPH) last announced its earnings results on Thursday, August 8th. The company reported $0.41 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.42 by $0.01. The company had revenue of $67.22 million for the quarter, compared to the consensus estimate of $66.49 million. During the same quarter last year, the company posted $0.41 earnings per share. U.S. Physical Therapy’s revenue was up 5.1% compared to the same quarter last year. Analysts expect that U.S. Physical Therapy will post $1.51 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on USPH. Analysts at Dougherty & Co raised their price target on shares of U.S. Physical Therapy (NASDAQ:USPH) from $30.00 to $35.00 in a research note to investors on Friday, August 23rd. They now have a “buy” rating on the stock. Analysts at JMP Securities raised their price target on shares of U.S. Physical Therapy (NASDAQ:USPH) from $29.00 to $31.00 in a research note to investors on Friday, August 9th.
U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical and occupational therapy clinics that provide pre- and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries.
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