What Made Barrington Downgrade US Physical Therapy’s Stock?


US Physical Therapy (USPH) received a Hold rating from Barrington analyst Michael Petusky today. The company’s shares closed last Thursday at $116.31.

According to TipRanks.com, Petusky is a 4-star analyst with an average return of 11.6% and a 55.2% success rate. Petusky covers the Healthcare sector, focusing on stocks such as Varian Medical Systems, Merit Medical Systems, and Anika Therapeutics.

The word on The Street in general, suggests a Hold analyst consensus rating for US Physical Therapy with a $115.00 average price target.

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Based on US Physical Therapy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $109 million and net profit of $10.92 million. In comparison, last year the company earned revenue of $117 million and had a net profit of $9.05 million.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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, which 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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