Analysts Anticipate U.S. Physical Therapy Inc. (USPH) to Announce $0.49 EPS
U.S. Physical Therapy Inc. (NYSE:USPH) has earned an average broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation. U.S. Physical Therapy’s rating score has declined by 50% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.
Brokers have set a 12-month consensus target price of $65.00 for the company and are anticipating that the company will post $0.49 earnings per share for the current quarter, according to Zacks. Zacks has also given U.S. Physical Therapy an industry rank of 208 out of 265 based on the ratings given to related companies.
Several equities research analysts recently weighed in on USPH shares. Zacks Investment Research raised shares of U.S. Physical Therapy from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Tuesday, August 9th. Jefferies Group set a $65.00 price objective on shares of U.S. Physical Therapy and gave the stock a “hold” rating in a research report on Friday, August 5th. Finally, Barrington Research cut shares of U.S. Physical Therapy from an “outperform” rating to a “market perform” rating in a research report on Friday, August 5th.
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In related news, CEO Christopher J. Reading sold 8,000 shares of the company’s stock in a transaction dated Monday, September 19th. The shares were sold at an average price of $64.01, for a total transaction of $512,080.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Lawrance W. Mcafee sold 2,000 shares of the company’s stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $59.60, for a total transaction of $119,200.00. The disclosure for this sale can be found here. Corporate insiders own 4.30% of the company’s stock.
Large investors have recently bought and sold shares of the company. Prudential Financial Inc. boosted its stake in U.S. Physical Therapy by 9.8% in the first quarter. Prudential Financial Inc. now owns 31,870 shares of the company’s stock valued at $1,585,000 after buying an additional 2,850 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in U.S. Physical Therapy by 1.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 335,842 shares of the company’s stock valued at $16,701,000 after buying an additional 3,592 shares in the last quarter. Huntington Asset Advisors Inc. purchased a new stake in U.S. Physical Therapy during the first quarter valued at $221,000. UBS Group AG boosted its stake in U.S. Physical Therapy by 1.5% in the first quarter. UBS Group AG now owns 31,384 shares of the company’s stock valued at $1,561,000 after buying an additional 455 shares in the last quarter. Finally, Tiverton Asset Management LLC purchased a new stake in U.S. Physical Therapy during the first quarter valued at $1,136,000. 98.32% of the stock is owned by institutional investors and hedge funds.
Shares of U.S. Physical Therapy (NYSE:USPH) traded down 1.90% during midday trading on Tuesday, hitting $62.64. 8,707 shares of the stock traded hands. The firm’s 50-day moving average is $63.09 and its 200 day moving average is $58.21. The company has a market capitalization of $784.25 million, a price-to-earnings ratio of 32.29 and a beta of 0.72. U.S. Physical Therapy has a 52 week low of $43.18 and a 52 week high of $64.89.
U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.02. U.S. Physical Therapy had a net margin of 6.95% and a return on equity of 12.06%. The business had revenue of $90.40 million for the quarter, compared to the consensus estimate of $90.01 million. During the same period in the prior year, the company posted $0.51 earnings per share. U.S. Physical Therapy’s revenue was up 8.5% compared to the same quarter last year. Equities analysts forecast that U.S. Physical Therapy will post $1.99 earnings per share for the current year.
About U.S. Physical Therapy
U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical 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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