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US Physical Therapy ( (USPH) ) has provided an announcement.
On April 14, 2026, U.S. Physical Therapy, Inc. entered into a Fourth Amended and Restated Credit Agreement that establishes senior credit facilities totaling $450 million, consisting of a $275 million revolving credit facility and a $175 million term loan maturing April 14, 2031. The package, led by Bank of America and a syndicate of major lenders, features variable-rate SOFR or base-rate pricing tied to leverage ratios, customary financial covenants, and first-priority security over substantially all personal property of the company and its key domestic subsidiaries.
The company will use the revolving facility for working capital, general corporate purposes, and to fund acquisitions and growth initiatives, while the term loan refinances debt under its prior credit agreement and covers related fees and expenses. The agreement also includes capacity for up to $125 million plus additional incremental facilities subject to leverage limits, providing U.S. Physical Therapy with enhanced balance sheet flexibility, extended maturities, and added firepower for expansion within the outpatient physical therapy and industrial injury prevention markets, as disclosed in a press release issued April 15, 2026.
The most recent analyst rating on (USPH) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on US Physical Therapy stock, see the USPH Stock Forecast page.
Spark’s Take on USPH Stock
According to Spark, TipRanks’ AI Analyst, USPH is a Neutral.
The score reflects stable-to-improving fundamentals and a positive earnings-call outlook (raised EBITDA guidance and strong operating metrics), tempered by weak near-term technical momentum and a very high P/E that limits valuation support.
To see Spark’s full report on USPH stock, click here.
More about US Physical Therapy
U.S. Physical Therapy, Inc. is a national operator of outpatient physical therapy clinics and a provider of industrial injury prevention services. The company focuses on rehabilitative care and workplace injury prevention for patients and employer clients across the United States, operating through a network of specialized clinics and related service subsidiaries.
Average Trading Volume: 190,708
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.18B
Learn more about USPH stock on TipRanks’ Stock Analysis page.

