Acadia Healthcare Company, Inc. Expected to Earn FY2022 Earnings of $3.13 Per Share (NASDAQ:ACHC)

Acadia Healthcare Company, Inc. (NASDAQ:ACHCGet Rating) – Research analysts at SVB Leerink raised their FY2022 earnings estimates for shares of Acadia Healthcare in a note issued to investors on Thursday, May 5th. SVB Leerink analyst W. Mayo now expects that the company will post earnings per share of $3.13 for the year, up from their prior estimate of $3.09. SVB Leerink currently has a “Outperform” rating and a $90.00 price target on the stock. SVB Leerink also issued estimates for Acadia Healthcare’s Q4 2023 earnings at $0.99 EPS, FY2023 earnings at $3.58 EPS, FY2024 earnings at $4.02 EPS, FY2025 earnings at $4.60 EPS and FY2026 earnings at $5.31 EPS.

Acadia Healthcare (NASDAQ:ACHCGet Rating) last posted its quarterly earnings data on Tuesday, May 3rd. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.64 by $0.03. The firm had revenue of $616.65 million during the quarter, compared to the consensus estimate of $606.49 million. Acadia Healthcare had a return on equity of 10.16% and a net margin of 10.16%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS.

A number of other equities analysts also recently issued reports on ACHC. Credit Suisse Group increased their target price on Acadia Healthcare from $74.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 2nd. Mizuho increased their target price on Acadia Healthcare from $64.00 to $69.00 in a research note on Wednesday, May 4th. StockNews.com began coverage on Acadia Healthcare in a research note on Thursday, March 31st. They set a “hold” rating for the company. Finally, BMO Capital Markets increased their target price on Acadia Healthcare from $67.00 to $82.00 in a research note on Friday. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $74.57.

Shares of ACHC stock opened at $70.45 on Monday. The company has a market cap of $6.38 billion, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 2.33 and a beta of 1.28. The stock has a 50 day simple moving average of $67.81 and a 200-day simple moving average of $61.12. Acadia Healthcare has a 12-month low of $50.07 and a 12-month high of $76.69. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 0.57.

A number of large investors have recently made changes to their positions in the business. Deutsche Bank AG grew its holdings in Acadia Healthcare by 3.6% during the 3rd quarter. Deutsche Bank AG now owns 5,367 shares of the company’s stock valued at $342,000 after buying an additional 187 shares during the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Acadia Healthcare by 0.9% during the fourth quarter. Louisiana State Employees Retirement System now owns 23,100 shares of the company’s stock worth $1,402,000 after purchasing an additional 200 shares during the last quarter. Synovus Financial Corp boosted its holdings in shares of Acadia Healthcare by 5.6% during the fourth quarter. Synovus Financial Corp now owns 4,430 shares of the company’s stock worth $265,000 after purchasing an additional 235 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Acadia Healthcare by 1.0% during the third quarter. Arizona State Retirement System now owns 23,222 shares of the company’s stock worth $1,481,000 after purchasing an additional 241 shares during the last quarter. Finally, Stephens Inc. AR boosted its holdings in shares of Acadia Healthcare by 4.9% during the first quarter. Stephens Inc. AR now owns 5,889 shares of the company’s stock worth $386,000 after purchasing an additional 273 shares during the last quarter. Hedge funds and other institutional investors own 99.66% of the company’s stock.

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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Earnings History and Estimates for Acadia Healthcare (NASDAQ:ACHC)

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