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

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has been given an average rating of “Moderate Buy” by the nine ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $87.56.

A number of equities research analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $94.00 price target on shares of Acadia Healthcare in a research note on Wednesday, May 22nd. Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a “sell” rating to a “hold” rating and set a $70.00 price target for the company in a research note on Thursday, April 25th. Mizuho cut their price target on Acadia Healthcare from $84.00 to $70.00 and set a “neutral” rating for the company in a research note on Friday, May 3rd. Bank of America cut their price target on Acadia Healthcare from $105.00 to $90.00 and set a “buy” rating for the company in a research note on Thursday, May 2nd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $90.00 price target on shares of Acadia Healthcare in a research note on Tuesday.

Acadia Healthcare Trading Up 0.9 %

Shares of NASDAQ ACHC opened at $66.74 on Friday. Acadia Healthcare has a one year low of $62.04 and a one year high of $87.77. The firm has a market capitalization of $6.19 billion, a PE ratio of -476.71, a PEG ratio of 1.98 and a beta of 1.31. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $68.06 and a two-hundred day moving average price of $75.60.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.04. Acadia Healthcare had a positive return on equity of 11.49% and a negative net margin of 0.38%. The firm had revenue of $768.10 million during the quarter, compared to analyst estimates of $779.20 million. During the same period last year, the company posted $0.75 EPS. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. As a group, analysts predict that Acadia Healthcare will post 3.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC bought a new position in Acadia Healthcare in the 4th quarter worth approximately $26,000. Mather Group LLC. acquired a new position in Acadia Healthcare in the first quarter worth $48,000. Fifth Third Bancorp raised its position in shares of Acadia Healthcare by 25.5% during the fourth quarter. Fifth Third Bancorp now owns 670 shares of the company’s stock worth $52,000 after acquiring an additional 136 shares during the last quarter. Headlands Technologies LLC raised its position in shares of Acadia Healthcare by 422.3% during the fourth quarter. Headlands Technologies LLC now owns 1,828 shares of the company’s stock worth $142,000 after acquiring an additional 1,478 shares during the last quarter. Finally, Capstone Investment Advisors LLC bought a new stake in shares of Acadia Healthcare during the fourth quarter worth $204,000.

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.