company background image
USPH

U.S. Physical Therapy NYSE:USPH Stock Report

Last Price

US$108.61

Market Cap

US$1.3b

7D

6.1%

1Y

-7.2%

Updated

17 May, 2022

Data

Company Financials +
USPH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends3/6

USPH Stock Overview

U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.

U.S. Physical Therapy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for U.S. Physical Therapy
Historical stock prices
Current Share PriceUS$108.61
52 Week HighUS$123.38
52 Week LowUS$84.43
Beta1.23
1 Month Change1.65%
3 Month Change5.64%
1 Year Change-7.19%
3 Year Change-9.46%
5 Year Change71.17%
Change since IPO4,394.20%

Recent News & Updates

Apr 04
Investors Could Be Concerned With U.S. Physical Therapy's (NYSE:USPH) Returns On Capital

Investors Could Be Concerned With U.S. Physical Therapy's (NYSE:USPH) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

USPHUS HealthcareUS Market
7D6.1%2.3%2.7%
1Y-7.2%5.6%-8.1%

Return vs Industry: USPH underperformed the US Healthcare industry which returned 4.8% over the past year.

Return vs Market: USPH exceeded the US Market which returned -10.8% over the past year.

Price Volatility

Is USPH's price volatile compared to industry and market?
USPH volatility
USPH Average Weekly Movement4.7%
Healthcare Industry Average Movement10.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: USPH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: USPH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19904,290Chris Readinghttps://www.usph.com

U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. It operates through two segments, Physical Therapy Operations and Industrial Injury Prevention Services. The company offers industrial injury prevention services, including onsite injury prevention and rehabilitation, performance optimization, post-offer employment testing, functional capacity evaluations, and ergonomic assessments through physical therapists and specialized certified athletic trainers for Fortune 500 companies, and other clients comprising insurers and their contractors.

U.S. Physical Therapy Fundamentals Summary

How do U.S. Physical Therapy's earnings and revenue compare to its market cap?
USPH fundamental statistics
Market CapUS$1.33b
Earnings (TTM)US$37.07m
Revenue (TTM)US$508.95m

38.1x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
USPH income statement (TTM)
RevenueUS$508.95m
Cost of RevenueUS$391.04m
Gross ProfitUS$117.90m
Other ExpensesUS$80.84m
EarningsUS$37.07m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.85
Gross Margin23.17%
Net Profit Margin7.28%
Debt/Equity Ratio26.7%

How did USPH perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

53%

Payout Ratio

Valuation

Is U.S. Physical Therapy undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


38.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: USPH ($108.61) is trading below our estimate of fair value ($177.55)

Significantly Below Fair Value: USPH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: USPH is poor value based on its PE Ratio (38.1x) compared to the US Healthcare industry average (19.1x).

PE vs Market: USPH is poor value based on its PE Ratio (38.1x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: USPH is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: USPH is overvalued based on its PB Ratio (4.7x) compared to the US Healthcare industry average (2.5x).


Future Growth

How is U.S. Physical Therapy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: USPH's forecast earnings growth (12.1% per year) is above the savings rate (1.9%).

Earnings vs Market: USPH's earnings (12.1% per year) are forecast to grow slower than the US market (12.5% per year).

High Growth Earnings: USPH's earnings are forecast to grow, but not significantly.

Revenue vs Market: USPH's revenue (6.9% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: USPH's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if USPH's Return on Equity is forecast to be high in 3 years time


Past Performance

How has U.S. Physical Therapy performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: USPH has high quality earnings.

Growing Profit Margin: USPH's current net profit margins (7.3%) are lower than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: USPH's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: USPH's earnings growth over the past year (16%) exceeds its 5-year average (12.8% per year).

Earnings vs Industry: USPH earnings growth over the past year (16%) exceeded the Healthcare industry 9.6%.


Return on Equity

High ROE: USPH's Return on Equity (12.6%) is considered low.


Financial Health

How is U.S. Physical Therapy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: USPH's short term assets ($95.8M) exceed its short term liabilities ($89.0M).

Long Term Liabilities: USPH's short term assets ($95.8M) do not cover its long term liabilities ($214.6M).


Debt to Equity History and Analysis

Debt Level: USPH's net debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: USPH's debt to equity ratio has increased from 23.5% to 26.7% over the past 5 years.

Debt Coverage: USPH's debt is well covered by operating cash flow (57.3%).

Interest Coverage: USPH's interest payments on its debt are well covered by EBIT (67.6x coverage).


Balance Sheet


Dividend

What is U.S. Physical Therapy current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.51%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: USPH's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: USPH's dividend (1.51%) is low compared to the top 25% of dividend payers in the US market (4.06%).


Stability and Growth of Payments

Stable Dividend: USPH's dividend payments have been volatile in the past 10 years.

Growing Dividend: USPH's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (53%), USPH's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (34.8%), USPH's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.2yrs

Average management tenure


CEO

Chris Reading (57 yo)

17.5yrs

Tenure

US$4,143,576

Compensation

Mr. Christopher J. Reading, also known as Chris, has been the Chief Executive Officer and President of US Physical Therapy Inc. since November 1, 2004. Mr. Reading served as the Chief Operating Officer at...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD4.14M) is about average for companies of similar size in the US market ($USD5.45M).

Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: USPH's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: USPH's board of directors are seasoned and experienced ( 14.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: USPH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

U.S. Physical Therapy, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Physical Therapy, Inc.
  • Ticker: USPH
  • Exchange: NYSE
  • Founded: 1990
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Implied Market Cap: US$1.329b
  • Shares outstanding: 12.99m
  • Website: https://www.usph.com

Number of Employees


Location

  • U.S. Physical Therapy, Inc.
  • 1300 West Sam Houston Parkway South
  • Suite 300
  • Houston
  • Texas
  • 77042
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.