U.S. Physical Therapy (NYSE:USPH - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.73 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.09), Briefing.com reports. U.S. Physical Therapy had a net margin of 4.06% and a return on equity of 8.18%. The firm had revenue of $167.19 million during the quarter, compared to analysts' expectations of $163.34 million. The company's quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 EPS.
U.S. Physical Therapy Price Performance
Shares of USPH traded up $1.12 during midday trading on Friday, reaching $84.21. The stock had a trading volume of 142,906 shares, compared to its average volume of 86,112. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.88 and a quick ratio of 2.16. The company has a market capitalization of $1.27 billion, a P/E ratio of 68.46, a P/E/G ratio of 3.17 and a beta of 1.38. The firm's 50 day moving average price is $93.37 and its 200-day moving average price is $99.57. U.S. Physical Therapy has a 52 week low of $78.08 and a 52 week high of $113.63.
U.S. Physical Therapy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 23rd will be given a $0.44 dividend. The ex-dividend date is Friday, August 23rd. This represents a $1.76 dividend on an annualized basis and a yield of 2.09%. U.S. Physical Therapy's dividend payout ratio (DPR) is 143.09%.
Analyst Upgrades and Downgrades
USPH has been the topic of several recent research reports. StockNews.com lowered U.S. Physical Therapy from a "hold" rating to a "sell" rating in a research note on Tuesday. Barrington Research cut their price objective on shares of U.S. Physical Therapy from $122.00 to $108.00 and set an "outperform" rating for the company in a research report on Thursday. One research analyst has rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.50.
Read Our Latest Research Report on USPH
Insider Buying and Selling
In other news, CEO Christopher J. Reading sold 1,100 shares of the firm's stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $102.13, for a total transaction of $112,343.00. Following the completion of the sale, the chief executive officer now directly owns 99,738 shares of the company's stock, valued at approximately $10,186,241.94. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Christopher J. Reading sold 1,100 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $102.13, for a total value of $112,343.00. Following the completion of the sale, the chief executive officer now owns 99,738 shares in the company, valued at $10,186,241.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher J. Reading sold 2,900 shares of the stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $100.26, for a total value of $290,754.00. Following the completion of the sale, the chief executive officer now directly owns 95,838 shares of the company's stock, valued at $9,608,717.88. The disclosure for this sale can be found here. 1.70% of the stock is owned by corporate insiders.
U.S. Physical Therapy Company Profile
(
Get Free Report)
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.
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