Acadia Healthcare (NASDAQ:ACHC) Reaches New 1-Year Low – What’s Next?

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) hit a new 52-week low on Friday . The stock traded as low as $41.11 and last traded at $41.34, with a volume of 115133 shares traded. The stock had previously closed at $42.08.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. KeyCorp assumed coverage on Acadia Healthcare in a report on Friday, October 11th. They set a “sector weight” rating on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Acadia Healthcare from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Friday, August 2nd. Barclays dropped their price target on shares of Acadia Healthcare from $83.00 to $76.00 and set an “overweight” rating on the stock in a research note on Monday, September 30th. StockNews.com raised shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 price target on shares of Acadia Healthcare in a research note on Tuesday, October 1st. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $86.67.

Acadia Healthcare Stock Down 3.0 %

The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 13.38, a P/E/G ratio of 1.88 and a beta of 1.33. The stock has a 50 day moving average of $61.96 and a 200 day moving average of $66.78.

Acadia Healthcare (NASDAQ:ACHC) last issued its earnings results on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.90 by $0.01. The company had revenue of $815.60 million during the quarter, compared to analyst estimates of $819.42 million. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. The business’s revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.91 EPS. As a group, analysts expect that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current fiscal year.

Institutional Trading of Acadia Healthcare

A number of institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets raised its stake in Acadia Healthcare by 77.1% during the first quarter. BNP Paribas Financial Markets now owns 21,453 shares of the company’s stock worth $1,700,000 after acquiring an additional 9,342 shares during the period. Sei Investments Co. boosted its position in Acadia Healthcare by 1.2% during the 1st quarter. Sei Investments Co. now owns 290,050 shares of the company’s stock valued at $22,977,000 after purchasing an additional 3,523 shares during the period. Headlands Technologies LLC boosted its position in Acadia Healthcare by 145.3% during the 1st quarter. Headlands Technologies LLC now owns 4,484 shares of the company’s stock valued at $355,000 after purchasing an additional 2,656 shares during the period. Russell Investments Group Ltd. grew its stake in Acadia Healthcare by 9.7% during the 1st quarter. Russell Investments Group Ltd. now owns 9,876 shares of the company’s stock worth $782,000 after buying an additional 875 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake in Acadia Healthcare by 3.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 88,459 shares of the company’s stock valued at $6,391,000 after buying an additional 3,263 shares during the last quarter.

Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities.