Analysts Set Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Price Target at $79.67

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have received an average rating of “Moderate Buy” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $79.67.

ACHC has been the topic of a number of research reports. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $90.00 target price on shares of Acadia Healthcare in a research note on Tuesday, October 1st. Barclays decreased their target price on shares of Acadia Healthcare from $76.00 to $43.00 and set an “overweight” rating for the company in a research report on Friday, November 22nd. StockNews.com cut shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Friday, November 22nd. Royal Bank of Canada lowered their target price on shares of Acadia Healthcare from $94.00 to $64.00 and set an “outperform” rating for the company in a research note on Monday, November 18th. Finally, KeyCorp initiated coverage on shares of Acadia Healthcare in a research note on Friday, October 11th. They set a “sector weight” rating for the company.

Institutional Trading of Acadia Healthcare

Hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. increased its stake in Acadia Healthcare by 86.1% during the 2nd quarter. Blue Trust Inc. now owns 536 shares of the company’s stock valued at $36,000 after purchasing an additional 248 shares in the last quarter. GAMMA Investing LLC increased its stake in Acadia Healthcare by 57.1% during the 3rd quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock valued at $42,000 after purchasing an additional 241 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Acadia Healthcare during the 2nd quarter valued at $59,000. Covestor Ltd lifted its stake in Acadia Healthcare by 834.4% during the 3rd quarter. Covestor Ltd now owns 1,140 shares of the company’s stock valued at $72,000 after acquiring an additional 1,018 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in Acadia Healthcare during the 3rd quarter valued at $86,000.

Acadia Healthcare Stock Performance

ACHC opened at $42.16 on Monday. The business has a fifty day simple moving average of $49.09 and a 200 day simple moving average of $63.14. The company has a market capitalization of $3.92 billion, a PE ratio of 13.85, a price-to-earnings-growth ratio of 1.88 and a beta of 1.30. Acadia Healthcare has a 1 year low of $36.50 and a 1 year high of $87.77. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07.

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

About Acadia Healthcare

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.