Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Receives Average Recommendation of “Moderate Buy” from Analysts

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $87.44.

ACHC has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Acadia Healthcare from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Friday, August 2nd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 price objective on shares of Acadia Healthcare in a research report on Monday, August 19th. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Tuesday, May 21st. Barclays decreased their price target on Acadia Healthcare from $89.00 to $83.00 and set an “overweight” rating on the stock in a report on Thursday, August 1st. Finally, Royal Bank of Canada restated an “outperform” rating and set a $94.00 target price on shares of Acadia Healthcare in a research report on Wednesday, May 22nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ACHC. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Acadia Healthcare in the second quarter worth $59,000. Sanctuary Advisors LLC acquired a new stake in Acadia Healthcare during the 2nd quarter worth $417,000. Clearbridge Investments LLC lifted its holdings in Acadia Healthcare by 36.0% during the second quarter. Clearbridge Investments LLC now owns 275,474 shares of the company’s stock worth $18,605,000 after acquiring an additional 72,924 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Acadia Healthcare by 75.6% in the second quarter. Teachers Retirement System of The State of Kentucky now owns 52,168 shares of the company’s stock worth $3,523,000 after acquiring an additional 22,465 shares in the last quarter. Finally, Clearline Capital LP acquired a new stake in shares of Acadia Healthcare during the second quarter worth about $11,179,000.

Acadia Healthcare Stock Performance

Acadia Healthcare stock opened at $77.77 on Wednesday. The stock has a fifty day moving average price of $72.61 and a two-hundred day moving average price of $72.09. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.18 and a quick ratio of 1.18. Acadia Healthcare has a 52-week low of $62.04 and a 52-week high of $87.77. The firm has a market capitalization of $7.22 billion, a P/E ratio of -555.50, a P/E/G ratio of 2.22 and a beta of 1.30.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The business had revenue of $796.00 million for the quarter, compared to analyst estimates of $784.38 million. Acadia Healthcare had a positive return on equity of 11.42% and a negative net margin of 0.17%. Acadia Healthcare’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 EPS. As a group, analysts anticipate that Acadia Healthcare will post 3.51 EPS for the current fiscal year.

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.