Wall Street brokerages expect U.S. Physical Therapy, Inc. (NYSE:USPH) to announce $107.18 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for U.S. Physical Therapy’s earnings, with the lowest sales estimate coming in at $105.80 million and the highest estimate coming in at $108.56 million. U.S. Physical Therapy reported sales of $97.57 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 9.8%. The firm is expected to issue its next earnings report before the market opens on Thursday, May 3rd.
On average, analysts expect that U.S. Physical Therapy will report full-year sales of $443.12 million for the current financial year, with estimates ranging from $436.57 million to $449.67 million. For the next financial year, analysts forecast that the company will post sales of $468.10 million per share, with estimates ranging from $449.96 million to $486.23 million. Zacks’ sales averages are an average based on a survey of research firms that cover U.S. Physical Therapy.
U.S. Physical Therapy (NYSE:USPH) last issued its earnings results on Thursday, March 8th. The company reported $0.49 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.49. The firm had revenue of $109.20 million during the quarter, compared to the consensus estimate of $104.12 million. U.S. Physical Therapy had a return on equity of 13.12% and a net margin of 5.38%.
In related news, COO Glenn Mcdowell sold 2,743 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $86.11, for a total value of $236,199.73. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bernard A. Harris, Jr. sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $86.53, for a total value of $519,180.00. The disclosure for this sale can be found here. Insiders sold 18,643 shares of company stock valued at $1,583,645 in the last ninety days. 2.50% of the stock is currently owned by insiders.
A number of hedge funds have recently made changes to their positions in the stock. Kings Point Capital Management boosted its holdings in U.S. Physical Therapy by 3.7% in the fourth quarter. Kings Point Capital Management now owns 28,096 shares of the company’s stock valued at $2,029,000 after acquiring an additional 1,000 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of U.S. Physical Therapy by 35.6% during the 4th quarter. Bank of Montreal Can now owns 4,535 shares of the company’s stock worth $327,000 after buying an additional 1,191 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of U.S. Physical Therapy by 48.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,704 shares of the company’s stock worth $267,000 after purchasing an additional 1,212 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of U.S. Physical Therapy by 59.9% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,770 shares of the company’s stock worth $231,000 after purchasing an additional 1,412 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of U.S. Physical Therapy by 4.5% in the 4th quarter. Rhumbline Advisers now owns 42,560 shares of the company’s stock worth $3,073,000 after purchasing an additional 1,831 shares in the last quarter. Institutional investors and hedge funds own 96.60% of the company’s stock.
NYSE USPH remained flat at $$92.85 during trading on Wednesday. The company’s stock had a trading volume of 68,391 shares, compared to its average volume of 59,569. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.95 and a current ratio of 1.95. The firm has a market capitalization of $1,168.16, a P/E ratio of 44.85, a price-to-earnings-growth ratio of 3.39 and a beta of 1.08. U.S. Physical Therapy has a 12-month low of $56.50 and a 12-month high of $93.45.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 13th. Stockholders of record on Wednesday, March 21st were paid a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, March 20th. This represents a $0.92 annualized dividend and a dividend yield of 0.99%. This is an increase from U.S. Physical Therapy’s previous quarterly dividend of $0.20. U.S. Physical Therapy’s dividend payout ratio is currently 44.23%.
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U.S. Physical Therapy Company Profile
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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