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

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $47.94.

ACHC has been the topic of a number of recent research reports. KeyCorp reduced their target price on Acadia Healthcare from $65.00 to $55.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 14th. Royal Bank Of Canada cut their price target on Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating for the company in a report on Monday, March 3rd. Mizuho decreased their price objective on Acadia Healthcare from $37.00 to $32.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 14th. Guggenheim initiated coverage on Acadia Healthcare in a research report on Wednesday, April 9th. They set a “buy” rating and a $36.00 price objective for the company. Finally, Stephens upgraded shares of Acadia Healthcare to a “hold” rating in a report on Monday, June 2nd.

Acadia Healthcare Stock Up 3.2%

ACHC opened at $21.52 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 10.60, a PEG ratio of 4.03 and a beta of 0.94. Acadia Healthcare has a one year low of $20.36 and a one year high of $82.41. The business’s fifty day moving average is $23.22 and its two-hundred day moving average is $32.61.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings data on Monday, May 12th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. Acadia Healthcare had a net margin of 5.94% and a return on equity of 8.72%. The business had revenue of $770.51 million for the quarter, compared to analyst estimates of $769.90 million. During the same period in the previous year, the firm earned $0.84 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Analysts anticipate that Acadia Healthcare will post 3.38 EPS for the current fiscal year.

Institutional Trading of Acadia Healthcare

Hedge funds have recently added to or reduced their stakes in the business. Lindbrook Capital LLC lifted its holdings in shares of Acadia Healthcare by 1,342.0% during the 4th quarter. Lindbrook Capital LLC now owns 721 shares of the company’s stock worth $29,000 after acquiring an additional 671 shares during the period. UMB Bank n.a. raised its stake in Acadia Healthcare by 149.5% during the first quarter. UMB Bank n.a. now owns 1,260 shares of the company’s stock worth $38,000 after purchasing an additional 755 shares during the period. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Acadia Healthcare by 11,218.2% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,245 shares of the company’s stock valued at $38,000 after purchasing an additional 1,234 shares during the last quarter. Signaturefd LLC grew its stake in shares of Acadia Healthcare by 460.6% during the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company’s stock valued at $48,000 after buying an additional 1,004 shares during the period. Finally, Quadrant Capital Group LLC increased its holdings in shares of Acadia Healthcare by 287.1% during the 4th quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company’s stock worth $50,000 after buying an additional 933 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.