US Physical Therapy traded at $61.87 this Wednesday June 3rd, decreasing $0.63 or 1.01 percent since the previous trading session. Looking back, over the last four weeks, US Physical Therapy lost 12.76 percent. Over the last 12 months, its price fell by 17.25 percent. Looking ahead, we forecast US Physical Therapy to be priced at 62.98 by the end of this quarter and at 59.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurological-related injuries and rehabilitation of injured workers. The Company's segments include the physical therapy operations segment and the industrial injury prevention services segment. The Company primarily operates through subsidiary clinic partnerships, in which it owns a general partnership interest and a limited partnership interest, and the managing therapists of the clinics owns the remaining limited partnership interest in the clinics. The Company operates approximately 575 outpatient physical therapy clinics in 39 states. In addition to owning and operating clinics, the Company manages physical therapy facilities for unaffiliated third parties, including hospitals and physician groups.