U.S. Physical Therapy (NYSE:USPH) Releases Earnings Results, Misses Expectations By $0.07 EPS

U.S. Physical Therapy (NYSE:USPH) issued its quarterly earnings data on Tuesday. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.07), Briefing.com reports. U.S. Physical Therapy had a return on equity of 8.52% and a net margin of 4.67%. The business had revenue of $155.70 million during the quarter, compared to analyst estimates of $153.30 million. During the same quarter last year, the firm earned $0.59 EPS. U.S. Physical Therapy’s revenue for the quarter was up 4.8% compared to the same quarter last year.

U.S. Physical Therapy Price Performance

Shares of USPH stock opened at $103.93 on Thursday. The business has a fifty day simple moving average of $105.34 and a 200 day simple moving average of $96.37. The company has a market cap of $1.57 billion, a P/E ratio of 76.99, a P/E/G ratio of 4.99 and a beta of 1.39. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.29. U.S. Physical Therapy has a twelve month low of $78.08 and a twelve month high of $124.11.

U.S. Physical Therapy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, March 12th were issued a dividend of $0.44 per share. The ex-dividend date was Monday, March 11th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.69%. This is a boost from U.S. Physical Therapy’s previous quarterly dividend of $0.43. U.S. Physical Therapy’s payout ratio is 130.37%.

Insider Buying and Selling at U.S. Physical Therapy

In other news, CFO Carey P. Hendrickson sold 1,800 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $107.28, for a total value of $193,104.00. Following the completion of the transaction, the chief financial officer now owns 21,186 shares of the company’s stock, valued at $2,272,834.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Carey P. Hendrickson sold 1,800 shares of the company’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $107.28, for a total transaction of $193,104.00. Following the completion of the transaction, the chief financial officer now directly owns 21,186 shares in the company, valued at $2,272,834.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Richard Binstein sold 2,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $106.55, for a total value of $213,100.00. Following the sale, the executive vice president now directly owns 15,006 shares in the company, valued at approximately $1,598,889.30. The disclosure for this sale can be found here. Insiders have sold a total of 10,829 shares of company stock worth $1,141,535 over the last 90 days. Insiders own 1.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on USPH shares. StockNews.com upgraded U.S. Physical Therapy from a “sell” rating to a “hold” rating in a research note on Monday, March 18th. Barrington Research raised their price target on U.S. Physical Therapy from $120.00 to $122.00 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Finally, JPMorgan Chase & Co. upped their price objective on shares of U.S. Physical Therapy from $99.00 to $117.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 13th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $125.67.

About U.S. Physical Therapy

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.