Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $70.22.

A number of equities research analysts recently issued reports on the company. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Monday, January 6th. TD Cowen dropped their price target on Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $75.00 in a research report on Thursday, December 12th. Barclays dropped 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. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $52.00 price objective on shares of Acadia Healthcare in a research report on Tuesday, December 10th.

Acadia Healthcare Stock Performance

Shares of ACHC opened at $43.78 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.29. Acadia Healthcare has a 52-week low of $36.50 and a 52-week high of $87.77. The stock’s 50-day simple moving average is $40.75 and its 200 day simple moving average is $56.91.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 8.99% and a return on equity of 11.12%. Acadia Healthcare’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business earned $0.91 earnings per share. Research analysts forecast that Acadia Healthcare will post 3.39 EPS for the current fiscal year.

Hedge Funds Weigh In On Acadia Healthcare

A number of large investors have recently bought and sold shares of ACHC. Mercer Global Advisors Inc. ADV increased its holdings in Acadia Healthcare by 119.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,097 shares of the company’s stock valued at $479,000 after purchasing an additional 3,862 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Acadia Healthcare by 14.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 8,552 shares of the company’s stock worth $578,000 after acquiring an additional 1,071 shares in the last quarter. Blair William & Co. IL increased its stake in Acadia Healthcare by 36.9% during the 2nd quarter. Blair William & Co. IL now owns 15,032 shares of the company’s stock valued at $1,015,000 after purchasing an additional 4,050 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Acadia Healthcare by 595.3% during the second quarter. Hsbc Holdings PLC now owns 34,780 shares of the company’s stock valued at $2,338,000 after acquiring an additional 29,778 shares in the last quarter. Finally, Inspire Investing LLC raised its holdings in Acadia Healthcare by 16.7% in the 2nd quarter. Inspire Investing LLC now owns 5,226 shares of the company’s stock worth $353,000 after acquiring an additional 747 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.