Analysts Set U.S. Physical Therapy, Inc. (NYSE:USPH) Target Price at $114.00

U.S. Physical Therapy, Inc. (NYSE:USPH) has earned a consensus recommendation of “Buy” from the five analysts that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $114.00.

Several brokerages have issued reports on USPH. Bank of America raised shares of U.S. Physical Therapy from a “neutral” rating to a “buy” rating and upped their price target for the company from $100.00 to $115.00 in a report on Monday, December 16th. JPMorgan Chase & Co. upped their target price on U.S. Physical Therapy from $117.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 3rd. Citizens Jmp upgraded U.S. Physical Therapy to a “strong-buy” rating in a research note on Monday, December 16th. JMP Securities began coverage on U.S. Physical Therapy in a research note on Monday, December 16th. They set an “outperform” rating and a $113.00 price objective on the stock. Finally, Barrington Research reiterated an “outperform” rating and set a $108.00 price target on shares of U.S. Physical Therapy in a research report on Thursday, November 21st.

Insiders Place Their Bets

In other news, CFO Carey P. Hendrickson sold 516 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $96.25, for a total value of $49,665.00. Following the completion of the sale, the chief financial officer now owns 20,469 shares in the company, valued at $1,970,141.25. This represents a 2.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On U.S. Physical Therapy

Several hedge funds have recently bought and sold shares of USPH. CBIZ Investment Advisory Services LLC lifted its stake in U.S. Physical Therapy by 59.8% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 326 shares of the company’s stock valued at $29,000 after acquiring an additional 122 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in U.S. Physical Therapy by 3,200.0% during the fourth quarter. Venturi Wealth Management LLC now owns 726 shares of the company’s stock worth $64,000 after purchasing an additional 704 shares during the period. KBC Group NV lifted its holdings in shares of U.S. Physical Therapy by 68.6% during the third quarter. KBC Group NV now owns 774 shares of the company’s stock valued at $66,000 after acquiring an additional 315 shares during the period. Pacer Advisors Inc. acquired a new stake in shares of U.S. Physical Therapy during the fourth quarter worth approximately $113,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of U.S. Physical Therapy by 25.1% during the third quarter. First Horizon Advisors Inc. now owns 1,486 shares of the company’s stock worth $126,000 after purchasing an additional 298 shares during the last quarter.

U.S. Physical Therapy Trading Up 0.4 %

Shares of USPH stock opened at $87.40 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.78 and a quick ratio of 1.78. The business’s fifty day moving average price is $90.81 and its 200 day moving average price is $88.26. U.S. Physical Therapy has a 1-year low of $76.18 and a 1-year high of $113.63. The firm has a market capitalization of $1.32 billion, a PE ratio of 92.98, a P/E/G ratio of 3.61 and a beta of 1.48.

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.