U.S. Physical Therapy, Inc. (USPH) Expected to Announce Quarterly Sales of $106.49 Million

Equities research analysts predict that U.S. Physical Therapy, Inc. (NYSE:USPH) will report sales of $106.49 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for U.S. Physical Therapy’s earnings. The highest sales estimate is $110.91 million and the lowest is $102.07 million. U.S. Physical Therapy reported sales of $90.86 million during the same quarter last year, which would suggest a positive year over year growth rate of 17.2%. The firm is scheduled to announce its next earnings report before the market opens on Thursday, March 8th.

According to Zacks, analysts expect that U.S. Physical Therapy will report full-year sales of $106.49 million for the current year, with estimates ranging from $406.92 million to $415.75 million. For the next year, analysts anticipate that the business will report sales of $451.17 million per share, with estimates ranging from $440.26 million to $462.09 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow U.S. Physical Therapy.

A number of equities analysts recently commented on the company. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $80.00 target price on shares of U.S. Physical Therapy in a report on Tuesday, January 9th. BidaskClub raised U.S. Physical Therapy from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Zacks Investment Research raised U.S. Physical Therapy from a “hold” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Saturday, January 6th. Finally, Barrington Research cut U.S. Physical Therapy from an “outperform” rating to a “market perform” rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $73.80.

Shares of U.S. Physical Therapy (NYSE USPH) traded down $0.05 during trading on Friday, reaching $73.75. The company had a trading volume of 88,511 shares, compared to its average volume of 41,078. U.S. Physical Therapy has a one year low of $56.50 and a one year high of $78.00. The company has a market cap of $935.48, a PE ratio of 53.44, a P/E/G ratio of 2.70 and a beta of 1.22. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.30.

In other U.S. Physical Therapy news, Director Clayton Trier sold 4,250 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $71.97, for a total transaction of $305,872.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Lawrance W. Mcafee sold 2,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $68.68, for a total value of $137,360.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,875 shares of company stock worth $775,331. 3.10% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its holdings in U.S. Physical Therapy by 2.1% during the second quarter. Wells Fargo & Company MN now owns 45,372 shares of the company’s stock valued at $2,740,000 after acquiring an additional 914 shares during the period. Rhumbline Advisers raised its holdings in U.S. Physical Therapy by 15.8% during the third quarter. Rhumbline Advisers now owns 40,729 shares of the company’s stock valued at $2,503,000 after acquiring an additional 5,570 shares during the period. BNP Paribas Arbitrage SA raised its holdings in U.S. Physical Therapy by 57.1% during the third quarter. BNP Paribas Arbitrage SA now owns 6,452 shares of the company’s stock valued at $396,000 after acquiring an additional 2,346 shares during the period. King Luther Capital Management Corp raised its holdings in U.S. Physical Therapy by 61.3% during the third quarter. King Luther Capital Management Corp now owns 57,695 shares of the company’s stock valued at $3,545,000 after acquiring an additional 21,935 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its holdings in U.S. Physical Therapy by 59.3% during the third quarter. Municipal Employees Retirement System of Michigan now owns 4,700 shares of the company’s stock valued at $289,000 after acquiring an additional 1,750 shares during the period. 95.31% of the stock is currently owned by institutional investors and hedge funds.

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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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