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

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have been given an average rating of “Moderate Buy” by the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $75.44.

Several research firms recently issued reports on ACHC. Royal Bank of Canada dropped their target price on shares of Acadia Healthcare from $94.00 to $64.00 and set an “outperform” rating on the stock in a report on Monday, November 18th. Barclays reduced their target price on Acadia Healthcare from $76.00 to $43.00 and set an “overweight” rating for the company in a research note on Friday, November 22nd. Deutsche Bank Aktiengesellschaft raised shares of Acadia Healthcare from a “hold” rating to a “buy” rating and raised their price objective for the company from $45.00 to $75.00 in a research note on Thursday, December 12th. KeyCorp began coverage on Acadia Healthcare in a report on Friday, October 11th. They set a “sector weight” rating for the company. Finally, StockNews.com raised shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Thursday, December 19th.

Acadia Healthcare Stock Performance

NASDAQ:ACHC opened at $38.07 on Friday. The stock’s 50-day moving average is $42.21 and its 200-day moving average is $59.96. The stock has a market cap of $3.54 billion, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 1.77 and a beta of 1.30. Acadia Healthcare has a 1-year low of $36.50 and a 1-year high of $87.77. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60.

Acadia Healthcare (NASDAQ:ACHC) last released its earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Acadia Healthcare had a net margin of 8.99% and a return on equity of 11.12%. The business had revenue of $815.60 million during the quarter, compared to the consensus estimate of $819.42 million. During the same quarter in the prior year, the firm posted $0.91 EPS. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. Equities research analysts anticipate that Acadia Healthcare will post 3.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ACHC. GAMMA Investing LLC raised its stake in Acadia Healthcare by 57.1% in the 3rd quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock valued at $42,000 after acquiring an additional 241 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Acadia Healthcare in the second quarter valued at approximately $59,000. Covestor Ltd lifted its stake in shares of Acadia Healthcare by 834.4% during the 3rd quarter. Covestor Ltd now owns 1,140 shares of the company’s stock valued at $72,000 after buying an additional 1,018 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Acadia Healthcare in the 3rd quarter valued at approximately $86,000. Finally, Assetmark Inc. raised its holdings in Acadia Healthcare by 66.1% during the 3rd quarter. Assetmark Inc. now owns 1,485 shares of the company’s stock valued at $94,000 after acquiring an additional 591 shares during the period.

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.