Analysts Anticipate Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Will Announce Earnings of $0.63 Per Share

Wall Street brokerages forecast that Acadia Healthcare Company, Inc. (NASDAQ:ACHC – Get Rating) will announce earnings of $0.63 per share for the current quarter, according to Zacks. Four analysts have provided estimates for Acadia Healthcare’s earnings, with the highest EPS estimate coming in at $0.64 and the lowest estimate coming in at $0.63. Acadia Healthcare reported earnings per share of $0.47 during the same quarter last year, which suggests a positive year-over-year growth rate of 34%. The company is expected to report its next earnings results on Monday, January 1st.

On average, analysts expect that Acadia Healthcare will report full-year earnings of $3.01 per share for the current year, with EPS estimates ranging from $2.96 to $3.09. For the next year, analysts expect that the firm will post earnings of $3.33 per share, with EPS estimates ranging from $3.13 to $3.47. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Acadia Healthcare.

Acadia Healthcare (NASDAQ:ACHC – Get Rating) last issued its earnings results on Monday, February 28th. The company reported $0.67 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by ($0.01). Acadia Healthcare had a return on equity of 9.66% and a net margin of 8.24%. The company had revenue of $593.48 million during the quarter, compared to analysts’ expectations of $587.80 million. During the same period in the previous year, the company earned $1.13 EPS. Acadia Healthcare’s quarterly revenue was up 9.6% on a year-over-year basis.

ACHC has been the subject of several analyst reports. StockNews.com initiated coverage on Acadia Healthcare in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Credit Suisse Group upped their target price on Acadia Healthcare from $74.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 2nd. Finally, SVB Leerink upped their target price on Acadia Healthcare from $80.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, April 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $72.85.

Institutional investors and hedge funds have recently bought and sold shares of the stock. CWM LLC bought a new stake in Acadia Healthcare during the fourth quarter valued at $33,000. Patriot Financial Group Insurance Agency LLC bought a new stake in Acadia Healthcare during the fourth quarter valued at $47,000. Quent Capital LLC bought a new stake in Acadia Healthcare during the fourth quarter valued at $115,000. NewSquare Capital LLC bought a new stake in Acadia Healthcare during the third quarter valued at $156,000. Finally, Peapack Gladstone Financial Corp bought a new stake in Acadia Healthcare during the third quarter valued at $203,000.

Shares of NASDAQ ACHC traded down $0.01 on Friday, hitting $75.02. The company had a trading volume of 373,476 shares, compared to its average volume of 756,843. Acadia Healthcare has a 12-month low of $50.07 and a 12-month high of $76.62. The business has a 50 day moving average of $62.76 and a two-hundred day moving average of $59.93. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $6.80 billion, a P/E ratio of 35.72, a PEG ratio of 2.43 and a beta of 1.40.

About Acadia Healthcare (Get Rating)

Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities in the United States and Puerto Rico.

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