Wall Street brokerages expect that U.S. Physical Therapy, Inc. (NYSE:USPH) will report $102.69 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for U.S. Physical Therapy’s earnings. The lowest sales estimate is $100.25 million and the highest is $105.13 million. U.S. Physical Therapy reported sales of $88.34 million during the same quarter last year, which indicates a positive year over year growth rate of 16.2%. The business is expected to announce its next earnings report on Thursday, November 2nd.

On average, analysts expect that U.S. Physical Therapy will report full year sales of $102.69 million for the current fiscal year, with estimates ranging from $404.13 million to $416.54 million. For the next financial year, analysts forecast that the business will report sales of $446.83 million per share, with estimates ranging from $437.53 million to $456.13 million. Zacks’ sales averages are an average based on a survey of research analysts that follow U.S. Physical Therapy.

U.S. Physical Therapy (NYSE:USPH) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.01. The firm had revenue of $104.25 million for the quarter, compared to analysts’ expectations of $102.93 million. U.S. Physical Therapy had a net margin of 5.65% and a return on equity of 12.91%.

Several research analysts have recently weighed in on USPH shares. Zacks Investment Research raised shares of U.S. Physical Therapy from a “sell” rating to a “buy” rating and set a $72.00 target price on the stock in a research report on Saturday, May 13th. Jefferies Group LLC set a $65.00 target price on shares of U.S. Physical Therapy and gave the stock a “hold” rating in a research report on Friday, August 4th. Barrington Research raised shares of U.S. Physical Therapy from a “market perform” rating to an “outperform” rating and set a $68.00 target price on the stock in a research report on Monday, July 3rd. Finally, Cantor Fitzgerald started coverage on shares of U.S. Physical Therapy in a research report on Monday, July 24th. They issued an “overweight” rating and a $72.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $68.50.

In related news, Director Bernard A. Harris, Jr. sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00. Following the completion of the sale, the director now directly owns 26,422 shares in the company, valued at $1,638,164. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 4.30% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Trexquant Investment LP bought a new stake in U.S. Physical Therapy during the first quarter valued at approximately $666,000. Kings Point Capital Management boosted its stake in U.S. Physical Therapy by 2.4% in the first quarter. Kings Point Capital Management now owns 26,471 shares of the company’s stock valued at $1,729,000 after buying an additional 625 shares in the last quarter. Crawford Investment Counsel Inc. boosted its stake in U.S. Physical Therapy by 0.4% in the first quarter. Crawford Investment Counsel Inc. now owns 48,077 shares of the company’s stock valued at $3,139,000 after buying an additional 194 shares in the last quarter. Comerica Bank boosted its stake in U.S. Physical Therapy by 3.7% in the first quarter. Comerica Bank now owns 13,814 shares of the company’s stock valued at $909,000 after buying an additional 496 shares in the last quarter. Finally, Advisors Preferred LLC boosted its stake in U.S. Physical Therapy by 17.1% in the first quarter. Advisors Preferred LLC now owns 4,046 shares of the company’s stock valued at $264,000 after buying an additional 591 shares in the last quarter. Institutional investors and hedge funds own 96.10% of the company’s stock.

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U.S. Physical Therapy (NYSE:USPH) opened at 61.70 on Friday. The company’s 50 day moving average is $62.62 and its 200 day moving average is $66.06. U.S. Physical Therapy has a 52 week low of $51.96 and a 52 week high of $78.00. The stock has a market cap of $776.25 million, a P/E ratio of 39.05 and a beta of 1.06.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Monday, August 21st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, August 17th. U.S. Physical Therapy’s dividend payout ratio is currently 46.78%.

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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