U.S. Physical Therapy (NYSE:USPH) Hits New 12-Month Low - What's Next?

U.S. Physical Therapy, Inc. (NYSE:USPH - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as $77.97 and last traded at $78.73, with a volume of 5546 shares changing hands. The stock had previously closed at $81.05.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on USPH. StockNews.com upgraded shares of U.S. Physical Therapy from a "sell" rating to a "hold" rating in a research report on Wednesday, August 21st. Bank of America reiterated a "neutral" rating and issued a $90.00 price target (down from $114.00) on shares of U.S. Physical Therapy in a research note on Monday. Finally, Barrington Research restated an "outperform" rating and set a $108.00 price objective on shares of U.S. Physical Therapy in a research report on Friday, September 20th.

U.S. Physical Therapy Stock Performance

The company's 50-day simple moving average is $85.56 and its 200-day simple moving average is $95.08. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 63.81, a PEG ratio of 4.03 and a beta of 1.39. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.28.

U.S. Physical Therapy (NYSE:USPH - Get Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.09). The company had revenue of $167.19 million during the quarter, compared to analyst estimates of $163.34 million. U.S. Physical Therapy had a net margin of 4.06% and a return on equity of 8.18%. The business's revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 earnings per share. On average, analysts expect that U.S. Physical Therapy, Inc. will post 2.51 EPS for the current year.

U.S. Physical Therapy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 23rd were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Friday, August 23rd. U.S. Physical Therapy's dividend payout ratio is presently 143.09%.

Insider Transactions at U.S. Physical Therapy

In related news, Director Kathleen A. Gilmartin bought 2,000 shares of U.S. Physical Therapy stock in a transaction dated Tuesday, September 3rd. The stock was purchased at an average cost of $86.09 per share, with a total value of $172,180.00. Following the transaction, the director now directly owns 18,904 shares of the company's stock, valued at approximately $1,627,445.36. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, COO Graham D. Reeve sold 1,724 shares of the business's stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $82.50, for a total value of $142,230.00. Following the sale, the chief operating officer now owns 7,038 shares of the company's stock, valued at $580,635. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kathleen A. Gilmartin acquired 2,000 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The stock was acquired at an average cost of $86.09 per share, with a total value of $172,180.00. Following the completion of the acquisition, the director now owns 18,904 shares in the company, valued at $1,627,445.36. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.70% of the company's stock.

Institutional Investors Weigh In On U.S. Physical Therapy

Institutional investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board bought a new position in shares of U.S. Physical Therapy in the second quarter valued at approximately $28,000. Innealta Capital LLC purchased a new position in shares of U.S. Physical Therapy during the 2nd quarter valued at $30,000. Quest Partners LLC increased its holdings in shares of U.S. Physical Therapy by 2,808.3% in the second quarter. Quest Partners LLC now owns 349 shares of the company's stock worth $32,000 after purchasing an additional 337 shares during the period. Northwest Bank & Trust Co purchased a new stake in shares of U.S. Physical Therapy in the fourth quarter worth $37,000. Finally, Quarry LP boosted its stake in U.S. Physical Therapy by 1,291.9% during the second quarter. Quarry LP now owns 515 shares of the company's stock valued at $48,000 after buying an additional 478 shares during the period.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.