US Physical Therapy (USPH) Gets a Hold Rating from Barrington


In a report released today, Michael Petusky from Barrington maintained a Hold rating on US Physical Therapy (USPH). The company’s shares closed yesterday at $106.61.

Petusky commented:

“We are maintaining our MARKET PERFORM investment rating on USPH shares due to valuation concerns. While the stock is a bit cheaper than it was in late 2018, to hold a constructive investment rating on USPH shares we would need to assign more than a 21x EV/EBITDA multiple to our 2019 estimate. As much as we like the company and its management, such a valuation continues to seem somewhat rich.”

According to TipRanks.com, Petusky is a 4-star analyst with an average return of 4.7% and a 49.6% success rate. Petusky covers the Healthcare sector, focusing on stocks such as Anika Therapeutics Inc, Varian Medical Systems, and Merit Medical Systems.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for US Physical Therapy.

See today’s analyst top recommended stocks >>

Based on US Physical Therapy’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $10.41 million. In comparison, last year the company had a net profit of $7.22 million.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USPH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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