Acadia Healthcare (NASDAQ:ACHC) Stock Rating Reaffirmed by Cantor Fitzgerald

Acadia Healthcare (NASDAQ:ACHCGet Free Report)‘s stock had its “neutral” rating reiterated by stock analysts at Cantor Fitzgerald in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $90.00 price target on the stock. Cantor Fitzgerald’s target price points to a potential upside of 40.27% from the company’s current price.

ACHC has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft upgraded Acadia Healthcare from a “sell” rating to a “hold” rating and set a $70.00 price target for the company in a report on Thursday, April 25th. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Tuesday, May 21st. Barclays dropped their price objective on Acadia Healthcare from $91.00 to $89.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 15th. Mizuho dropped their price objective on Acadia Healthcare from $84.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, May 3rd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $94.00 price objective on shares of Acadia Healthcare in a research note on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $87.56.

Get Our Latest Stock Report on Acadia Healthcare

Acadia Healthcare Trading Down 1.9 %

NASDAQ ACHC opened at $64.16 on Tuesday. The firm has a market capitalization of $5.95 billion, a PE ratio of -458.25, a price-to-earnings-growth ratio of 1.97 and a beta of 1.31. The business’s 50-day moving average price is $67.38 and its two-hundred day moving average price is $75.28. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.63. Acadia Healthcare has a 12 month low of $62.04 and a 12 month high of $87.77.

Acadia Healthcare (NASDAQ:ACHCGet Free Report) last released its earnings results on Thursday, May 2nd. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. The business had revenue of $768.10 million during the quarter, compared to the consensus estimate of $779.20 million. Acadia Healthcare had a negative net margin of 0.38% and a positive return on equity of 11.49%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 EPS. On average, analysts expect that Acadia Healthcare will post 3.52 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. acquired a new position in Acadia Healthcare during the 4th quarter worth approximately $24,157,000. Louisiana State Employees Retirement System bought a new stake in Acadia Healthcare during the 4th quarter worth approximately $2,014,000. Rhenman & Partners Asset Management AB bought a new stake in Acadia Healthcare during the 4th quarter worth approximately $1,448,000. Phocas Financial Corp. bought a new stake in Acadia Healthcare during the 4th quarter worth approximately $6,887,000. Finally, Sivik Global Healthcare LLC increased its holdings in Acadia Healthcare by 20.0% during the 4th quarter. Sivik Global Healthcare LLC now owns 90,000 shares of the company’s stock worth $6,998,000 after purchasing an additional 15,000 shares in the last quarter.

Acadia Healthcare Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Acadia Healthcare (NASDAQ:ACHC)

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