US Physical Therapy Receives a Hold from Barrington

Barrington analyst Michael Petusky maintained a Hold rating on US Physical Therapy (NYSE: USPH) today. The company’s shares opened today at $87.90.

Petusky said:

“We are maintaining our MARKET PERFORM investment rating on USPH shares due to valuation concerns. That said, we certainly continue to like this business and believe that its leadership team is among the best we have seen in healthcare services. We would certainly reconsider our investment rating if shares were to weaken a bit.”

According to TipRanks.com, Petusky is a 4-star analyst with an average return of 11.9% and a 57.3% success rate. Petusky covers the Healthcare sector, focusing on stocks such as Anika Therapeutics Inc, Varian Medical Systems, and Merit Medical Systems.

Currently, the analyst consensus on US Physical Therapy is Hold and the average price target is $80.67, representing a -8.2% downside.

In a report released yesterday, Cantor Fitzgerald also assigned a Hold rating to the stock with a $90 price target.

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US Physical Therapy’s market cap is currently $1.13B and has a P/E ratio of 51.43. The company has a book value ratio of 5.5329.

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U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics. It 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. The company was founded in 1990 and is headquartered in Houston, TX.