Research Analysts’ Recent Ratings Changes for U.S. Physical Therapy (USPH)

Posted by Bryan LeMar on Dec 23rd, 2024

U.S. Physical Therapy (NYSE: USPH) has recently received a number of price target changes and ratings updates:

12/16/2024 – U.S. Physical Therapy was upgraded by analysts at Citizens Jmp to a “strong-buy” rating.
12/16/2024 – U.S. Physical Therapy is now covered by analysts at JMP Securities. They set an “outperform” rating and a $113.00 price target on the stock.
12/16/2024 – U.S. Physical Therapy was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $115.00 price target on the stock, up previously from $100.00.
12/3/2024 – U.S. Physical Therapy had its price target raised by analysts at JPMorgan Chase & Co. from $117.00 to $120.00. They now have an “overweight” rating on the stock.
11/21/2024 – U.S. Physical Therapy had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $108.00 price target on the stock.
11/7/2024 – U.S. Physical Therapy had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $108.00 price target on the stock.

U.S. Physical Therapy Stock Down 0.1 %

U.S. Physical Therapy stock opened at $91.31 on Monday. The stock has a market cap of $1.38 billion, a PE ratio of 97.14, a price-to-earnings-growth ratio of 4.23 and a beta of 1.46. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.78 and a current ratio of 1.78. The stock has a fifty day moving average of $90.80 and a 200 day moving average of $89.66. U.S. Physical Therapy, Inc. has a one year low of $76.18 and a one year high of $113.63.

U.S. Physical Therapy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 15th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend was Friday, November 15th. U.S. Physical Therapy’s payout ratio is 187.23%.

Insider Activity at U.S. Physical Therapy

In other news, insider Eric Joseph Williams sold 2,000 shares of U.S. Physical Therapy stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $95.84, for a total transaction of $191,680.00. Following the transaction, the insider now directly owns 14,814 shares of the company’s stock, valued at $1,419,773.76. The trade was a 11.89 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Nancy Ham sold 1,172 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $96.72, for a total transaction of $113,355.84. Following the completion of the sale, the director now directly owns 1,112 shares of the company’s stock, valued at $107,552.64. This represents a 51.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,412 shares of company stock worth $706,605. 1.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On U.S. Physical Therapy

Hedge funds have recently modified their holdings of the company. Fifth Third Bancorp boosted its holdings in U.S. Physical Therapy by 41.4% in the 2nd quarter. Fifth Third Bancorp now owns 1,332 shares of the company’s stock worth $123,000 after buying an additional 390 shares during the period. BNP Paribas Financial Markets raised its holdings in U.S. Physical Therapy by 283.0% during the third quarter. BNP Paribas Financial Markets now owns 16,842 shares of the company’s stock valued at $1,425,000 after acquiring an additional 12,445 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of U.S. Physical Therapy by 57.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,631 shares of the company’s stock valued at $223,000 after acquiring an additional 956 shares in the last quarter. State Street Corp boosted its stake in shares of U.S. Physical Therapy by 17.5% in the third quarter. State Street Corp now owns 667,868 shares of the company’s stock worth $56,522,000 after acquiring an additional 99,244 shares during the period. Finally, Stifel Financial Corp grew its position in shares of U.S. Physical Therapy by 12.1% during the third quarter. Stifel Financial Corp now owns 57,166 shares of the company’s stock worth $4,838,000 after purchasing an additional 6,154 shares in the last quarter.

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.