U.S. Physical Therapy (NYSE:USPH) Announces Quarterly Earnings Results

by · The Cerbat Gem

U.S. Physical Therapy (NYSE:USPH – Get Free Report) posted its earnings results on Wednesday. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.06), Zacks reports. U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.During the same quarter in the previous year, the firm earned $0.81 earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year.

U.S. Physical Therapy Price Performance

USPH stock traded up $1.47 during midday trading on Wednesday, reaching $77.33. The company had a trading volume of 266,614 shares, compared to its average volume of 239,484. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.19 and a quick ratio of 1.19. U.S. Physical Therapy has a 1 year low of $58.19 and a 1 year high of $93.50. The company has a market capitalization of $1.18 billion, a P/E ratio of 154.67, a P/E/G ratio of 2.10 and a beta of 1.13. The firm has a 50-day moving average price of $69.62 and a 200-day moving average price of $74.26.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on USPH. Zacks Research upgraded shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Barrington Research lowered their price objective on U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Citigroup reissued a “market outperform” rating on shares of U.S. Physical Therapy in a research note on Friday, July 24th. Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Physical Therapy in a research report on Friday, May 29th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $98.00 target price on shares of U.S. Physical Therapy in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, U.S. Physical Therapy has an average rating of “Moderate Buy” and an average price target of $97.50.

View Our Latest Stock Analysis on U.S. Physical Therapy

Insider Activity at U.S. Physical Therapy

In related news, Director Peter Francis Minan acquired 492 shares of the stock in a transaction dated Monday, June 8th. The shares were purchased at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the transaction, the director owned 2,923 shares in the company, valued at $184,558.22. This represents a 20.24% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 2.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in U.S. Physical Therapy during the third quarter worth about $39,000. iSAM Funds UK Ltd bought a new position in shares of U.S. Physical Therapy during the 3rd quarter valued at about $52,000. Aquatic Capital Management LLC increased its position in shares of U.S. Physical Therapy by 445.4% during the 3rd quarter. Aquatic Capital Management LLC now owns 1,369 shares of the company’s stock valued at $116,000 after purchasing an additional 1,118 shares during the last quarter. Vestcor Inc purchased a new position in shares of U.S. Physical Therapy during the 3rd quarter valued at about $117,000. Finally, State of Wyoming raised its holdings in shares of U.S. Physical Therapy by 85.3% during the 2nd quarter. State of Wyoming now owns 1,575 shares of the company’s stock valued at $123,000 after buying an additional 725 shares in the last quarter.

About U.S. Physical Therapy

(Get Free Report)

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.

Read More