Sonic Corp. (SONC) Reaches $25.10 Formed H&S; U S Physical Therapy Has 1 Sentiment

U.S. Physical Therapy, Inc. (NYSE:USPH) Logo

Sonic Corp. (SONC) formed H&S with $23.34 target or 7.00% below today’s $25.10 share price. Sonic Corp. (SONC) has $932.59M valuation. The stock increased 0.64% or $0.16 during the last trading session, reaching $25.1. About 438,690 shares traded. Sonic Corp. (NASDAQ:SONC) has risen 8.52% since May 11, 2017 and is uptrending. It has underperformed by 3.03% the S&P500.

U S Physical Therapy Inc (USPH) investors sentiment decreased to 1 in Q4 2017. It’s down -0.29, from 1.29 in 2017Q3. The ratio fall, as 67 funds increased and opened new stock positions, while 67 decreased and sold their holdings in U S Physical Therapy Inc. The funds in our database now own: 11.23 million shares, up from 10.90 million shares in 2017Q3. Also, the number of funds holding U S Physical Therapy Inc in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 21 Reduced: 46 Increased: 45 New Position: 22.

Among 17 analysts covering Sonic (NASDAQ:SONC), 5 have Buy rating, 2 Sell and 10 Hold. Therefore 29% are positive. Sonic has $37.0 highest and $2 lowest target. $29.33’s average target is 16.85% above currents $25.1 stock price. Sonic had 50 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Telsey Advisory Group on Tuesday, October 25. The company was maintained on Tuesday, October 17 by Canaccord Genuity. On Wednesday, September 28 the stock rating was maintained by Barclays Capital with “Underweight”. The firm earned “Hold” rating on Wednesday, June 21 by Canaccord Genuity. Telsey Advisory Group maintained Sonic Corp. (NASDAQ:SONC) rating on Wednesday, September 7. Telsey Advisory Group has “Outperform” rating and $36 target. The rating was initiated by Telsey Advisory Group on Tuesday, September 29 with “Outperform”. As per Friday, June 23, the company rating was maintained by Oppenheimer. The rating was upgraded by Zacks to “Hold” on Tuesday, August 25. The stock has “Buy” rating by Citigroup on Monday, September 18. The firm has “Underperform” rating given on Tuesday, June 13 by Bank of America.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.27, from 1.15 in 2017Q3. It worsened, as 16 investors sold Sonic Corp. shares while 67 reduced holdings. 37 funds opened positions while 36 raised stakes. 43.78 million shares or 5.97% less from 46.56 million shares in 2017Q3 were reported. Blackrock holds 0.01% of its portfolio in Sonic Corp. (NASDAQ:SONC) for 5.17 million shares. Cipher Capital Limited Partnership holds 0.38% of its portfolio in Sonic Corp. (NASDAQ:SONC) for 176,133 shares. Kornitzer Capital Management Ks reported 0.01% of its portfolio in Sonic Corp. (NASDAQ:SONC). Mason Street Ltd Co owns 10,469 shares or 0.01% of their US portfolio. Schwab Charles Invest Mgmt Incorporated has 239,593 shares for 0.01% of their portfolio. Castleark Limited Company reported 44,885 shares. Great West Life Assurance Can owns 54,397 shares. Us Bancorporation De has 1,000 shares. Amundi Pioneer Asset Mngmt, a Massachusetts-based fund reported 114,316 shares. Royal Financial Bank Of Canada stated it has 0% of its portfolio in Sonic Corp. (NASDAQ:SONC). 66,381 were reported by Prudential Inc. Invesco Ltd reported 90,634 shares. 81,068 were reported by Arrowstreet Lp. Assetmark holds 30 shares or 0% of its portfolio. Canada Pension Plan Board has invested 0.01% in Sonic Corp. (NASDAQ:SONC).

Analysts await Sonic Corp. (NASDAQ:SONC) to report earnings on June, 28. They expect $0.49 earnings per share, up 13.95% or $0.06 from last year’s $0.43 per share. SONC’s profit will be $18.21 million for 12.81 P/E if the $0.49 EPS becomes a reality. After $0.17 actual earnings per share reported by Sonic Corp. for the previous quarter, Wall Street now forecasts 188.24% EPS growth.

Since December 13, 2017, it had 0 insider buys, and 4 sales for $2.00 million activity. $238,548 worth of Sonic Corp. (NASDAQ:SONC) was sold by PENA FEDERICO F on Wednesday, January 17. 50,000 shares were sold by RICHARDSON FRANK E III, worth $1.42M.

Bard Associates Inc holds 2.55% of its portfolio in U.S. Physical Therapy, Inc. for 73,748 shares. Alphaone Investment Services Llc owns 60,083 shares or 1.31% of their US portfolio. Moreover, Thomson Horstmann & Bryant Inc has 1.15% invested in the company for 121,290 shares. The Pennsylvania-based Copeland Capital Management Llc has invested 0.79% in the stock. Ironwood Investment Management Llc, a Massachusetts-based fund reported 13,506 shares.

U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics in the United States. The company has market cap of $1.17 billion. The Company’s clinics 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 has a 52.27 P/E ratio. As of December 31, 2016, the firm owned and operated 540 outpatient physical therapy clinics in 42 states; and managed 20 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups.

Another recent and important U.S. Physical Therapy, Inc. (NYSE:USPH) news was published by which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Perficient, LogMein, City Holding, Nelnet, US …” on May 02, 2018.

The stock increased 0.25% or $0.23 during the last trading session, reaching $92. About 34,415 shares traded. U.S. Physical Therapy, Inc. (USPH) has risen 26.09% since May 11, 2017 and is uptrending. It has outperformed by 14.54% the S&P500.

Sonic Corp. (NASDAQ:SONC) Institutional Positions Chart