U.S. Physical Therapy (USPH) Upgraded by ValuEngine to “Buy”

ValuEngine upgraded shares of U.S. Physical Therapy (NYSE:USPH) from a hold rating to a buy rating in a report released on Monday morning.

Other equities analysts have also issued reports about the stock. Cantor Fitzgerald reaffirmed a buy rating and set a $80.00 target price on shares of U.S. Physical Therapy in a report on Tuesday, January 9th. Zacks Investment Research raised shares of U.S. Physical Therapy from a hold rating to a buy rating and set a $82.00 target price for the company in a report on Saturday, January 6th. Jefferies Group set a $76.00 target price on shares of U.S. Physical Therapy and gave the company a hold rating in a report on Friday, February 23rd. Finally, Barrington Research reaffirmed a hold rating on shares of U.S. Physical Therapy in a report on Friday, March 9th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. U.S. Physical Therapy presently has a consensus rating of Hold and an average target price of $79.40.

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Shares of NYSE USPH opened at $85.10 on Monday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.28. U.S. Physical Therapy has a 12 month low of $56.50 and a 12 month high of $87.50. The company has a market cap of $1,042.35, a price-to-earnings ratio of 40.02, a price-to-earnings-growth ratio of 3.02 and a beta of 1.08.

U.S. Physical Therapy (NYSE:USPH) last announced its quarterly earnings data on Thursday, March 8th. The company reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. U.S. Physical Therapy had a net margin of 5.38% and a return on equity of 13.12%. The business had revenue of $109.20 million during the quarter, compared to analysts’ expectations of $104.12 million. equities research analysts forecast that U.S. Physical Therapy will post 2.44 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Wednesday, March 21st will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.08%. The ex-dividend date is Tuesday, March 20th. This is a positive change from U.S. Physical Therapy’s previous quarterly dividend of $0.20. U.S. Physical Therapy’s payout ratio is presently 44.23%.

In related news, Director Bernard A. Harris, Jr. sold 6,000 shares of the business’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of $86.53, for a total value of $519,180.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Glenn Mcdowell sold 2,900 shares of the business’s stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $82.55, for a total transaction of $239,395.00. The disclosure for this sale can be found here. In the last three months, insiders sold 18,643 shares of company stock valued at $1,583,645. 3.10% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of USPH. BNP Paribas Arbitrage SA increased its holdings in U.S. Physical Therapy by 57.1% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 6,452 shares of the company’s stock worth $396,000 after acquiring an additional 2,346 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in U.S. Physical Therapy by 59.3% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 4,700 shares of the company’s stock worth $289,000 after acquiring an additional 1,750 shares in the last quarter. Rhumbline Advisers increased its holdings in U.S. Physical Therapy by 15.8% in the 3rd quarter. Rhumbline Advisers now owns 40,729 shares of the company’s stock worth $2,503,000 after acquiring an additional 5,570 shares in the last quarter. SG Americas Securities LLC purchased a new stake in U.S. Physical Therapy in the 3rd quarter worth $170,000. Finally, TD Asset Management Inc. increased its holdings in U.S. Physical Therapy by 8.8% in the 3rd quarter. TD Asset Management Inc. now owns 16,000 shares of the company’s stock worth $983,000 after acquiring an additional 1,300 shares in the last quarter. 96.53% of the stock is owned by institutional investors.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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