Research Analysts Offer Predictions for ACHC FY2024 Earnings

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) – Investment analysts at KeyCorp issued their FY2024 EPS estimates for shares of Acadia Healthcare in a research note issued on Monday, January 6th. KeyCorp analyst M. Gillmor expects that the company will earn $3.39 per share for the year. KeyCorp currently has a “Overweight” rating and a $70.00 target price on the stock. The consensus estimate for Acadia Healthcare’s current full-year earnings is $3.38 per share. KeyCorp also issued estimates for Acadia Healthcare’s Q4 2024 earnings at $0.73 EPS, Q1 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $3.20 EPS and FY2026 earnings at $3.98 EPS.

Several other analysts also recently weighed in on the stock. TD Cowen dropped their target price on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday. Royal Bank of Canada dropped their price objective on Acadia Healthcare from $94.00 to $64.00 and set an “outperform” rating for the company in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a “hold” rating to a “buy” rating and increased their target price for the stock from $45.00 to $75.00 in a research note on Thursday, December 12th. StockNews.com lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday. Finally, Barclays lowered their price objective on shares of Acadia Healthcare from $76.00 to $43.00 and set an “overweight” rating for the company in a research note on Friday, November 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $70.22.

Acadia Healthcare Trading Down 0.0 %

NASDAQ ACHC opened at $45.12 on Thursday. Acadia Healthcare has a 12 month low of $36.50 and a 12 month high of $87.77. The stock has a market capitalization of $4.19 billion, a P/E ratio of 14.79, a PEG ratio of 1.77 and a beta of 1.29. The firm’s 50-day moving average is $40.48 and its two-hundred day moving average is $58.19. 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 issued its quarterly earnings data 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. 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 firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 earnings per share.

Institutional Trading of Acadia Healthcare

A number of hedge funds and other institutional investors have recently bought and sold shares of ACHC. Commonwealth Equity Services LLC boosted its holdings in shares of Acadia Healthcare by 3.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 7,595 shares of the company’s stock valued at $513,000 after buying an additional 257 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Acadia Healthcare by 2.9% in the second quarter. Victory Capital Management Inc. now owns 268,264 shares of the company’s stock valued at $18,119,000 after acquiring an additional 7,467 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Acadia Healthcare by 2.1% during the second quarter. Arizona State Retirement System now owns 25,874 shares of the company’s stock worth $1,748,000 after purchasing an additional 531 shares during the last quarter. Texas Permanent School Fund Corp increased its position in shares of Acadia Healthcare by 11.3% during the second quarter. Texas Permanent School Fund Corp now owns 89,821 shares of the company’s stock worth $6,067,000 after purchasing an additional 9,115 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Acadia Healthcare by 5.7% in the 2nd quarter. American Century Companies Inc. now owns 429,713 shares of the company’s stock valued at $29,023,000 after purchasing an additional 23,033 shares during the last quarter.

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.