Analysts Anticipate U.S. Physical Therapy, Inc. (NYSE:USPH) Will Announce Earnings of $0.81 Per Share

Wall Street analysts expect U.S. Physical Therapy, Inc. (NYSE:USPH) to report $0.81 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have made estimates for U.S. Physical Therapy’s earnings. U.S. Physical Therapy reported earnings of $0.73 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 11%. The firm is expected to issue its next earnings results before the market opens on Thursday, August 8th.

According to Zacks, analysts expect that U.S. Physical Therapy will report full year earnings of $2.92 per share for the current financial year. For the next year, analysts forecast that the business will post earnings of $3.23 per share, with EPS estimates ranging from $3.12 to $3.31. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for U.S. Physical Therapy.

U.S. Physical Therapy (NYSE:USPH) last announced its earnings results on Thursday, May 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.04. The firm had revenue of $116.23 million for the quarter, compared to analysts’ expectations of $114.12 million. U.S. Physical Therapy had a net margin of 5.34% and a return on equity of 19.09%. U.S. Physical Therapy’s quarterly revenue was up 7.3% compared to the same quarter last year.

USPH has been the topic of several recent research reports. Barrington Research restated a “hold” rating on shares of U.S. Physical Therapy in a research report on Friday, May 3rd. Zacks Investment Research upgraded shares of U.S. Physical Therapy from a “hold” rating to a “buy” rating and set a $127.00 target price on the stock in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $111.40.

Shares of NYSE USPH traded up $0.27 during mid-day trading on Friday, hitting $127.70. 73,024 shares of the company’s stock traded hands, compared to its average volume of 65,285. The business has a 50-day moving average of $124.06. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $1.63 billion, a P/E ratio of 48.19, a P/E/G ratio of 3.93 and a beta of 1.13. U.S. Physical Therapy has a 1 year low of $98.69 and a 1 year high of $132.17.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 15th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.94%. This is an increase from U.S. Physical Therapy’s previous quarterly dividend of $0.27. The ex-dividend date is Wednesday, August 14th. U.S. Physical Therapy’s dividend payout ratio is presently 40.75%.

In related news, Director Mark J. Brookner sold 3,250 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $116.55, for a total transaction of $378,787.50. Following the transaction, the director now directly owns 29,375 shares in the company, valued at approximately $3,423,656.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Christopher J. Reading sold 19,860 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $119.36, for a total transaction of $2,370,489.60. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Kayne Anderson Rudnick Investment Management LLC grew its holdings in U.S. Physical Therapy by 0.6% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,400,252 shares of the company’s stock valued at $147,068,000 after purchasing an additional 8,471 shares during the last quarter. Neuberger Berman Group LLC grew its stake in U.S. Physical Therapy by 4.6% in the 1st quarter. Neuberger Berman Group LLC now owns 902,762 shares of the company’s stock worth $94,817,000 after acquiring an additional 39,329 shares in the last quarter. Copeland Capital Management LLC grew its stake in U.S. Physical Therapy by 20.3% in the 2nd quarter. Copeland Capital Management LLC now owns 209,405 shares of the company’s stock worth $25,667,000 after acquiring an additional 35,321 shares in the last quarter. Geode Capital Management LLC grew its stake in U.S. Physical Therapy by 11.9% in the 4th quarter. Geode Capital Management LLC now owns 146,667 shares of the company’s stock worth $15,011,000 after acquiring an additional 15,556 shares in the last quarter. Finally, BTIM Corp. grew its stake in U.S. Physical Therapy by 0.7% in the 1st quarter. BTIM Corp. now owns 118,462 shares of the company’s stock worth $12,442,000 after acquiring an additional 814 shares in the last quarter. Institutional investors own 99.58% of the company’s stock.

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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