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

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have earned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $75.44.

A number of equities analysts have recently issued reports on the company. Royal Bank of Canada dropped their target price on Acadia Healthcare from $94.00 to $64.00 and set an “outperform” rating for the company in a report on Monday, November 18th. Cantor Fitzgerald reiterated a “neutral” rating and set a $52.00 price objective on shares of Acadia Healthcare in a research note on Tuesday, December 10th. KeyCorp began coverage on shares of Acadia Healthcare in a research note on Friday, October 11th. They issued a “sector weight” rating on the stock. StockNews.com upgraded shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a research report on Thursday, December 19th. Finally, Barclays reduced their price target on shares of Acadia Healthcare from $76.00 to $43.00 and set an “overweight” rating on the stock in a research report on Friday, November 22nd.

Acadia Healthcare Stock Performance

Shares of NASDAQ ACHC opened at $40.77 on Friday. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 1.77 and a beta of 1.30. Acadia Healthcare has a one year low of $36.50 and a one year high of $87.77. The business has a fifty day simple moving average of $40.96 and a 200 day simple moving average of $58.98. 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 announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. The company had revenue of $815.60 million during the quarter, compared to analysts’ expectations of $819.42 million. Acadia Healthcare had a net margin of 8.99% and a return on equity of 11.12%. The business’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.91 EPS. Sell-side analysts expect that Acadia Healthcare will post 3.38 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Acadia Healthcare by 57.1% during the third quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock worth $42,000 after acquiring an additional 241 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Acadia Healthcare during the 2nd quarter worth about $59,000. Covestor Ltd lifted its position in 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 purchasing an additional 1,018 shares during the period. DekaBank Deutsche Girozentrale bought a new position in shares of Acadia Healthcare in the 3rd quarter valued at about $86,000. Finally, Assetmark Inc. grew its position in shares of Acadia Healthcare by 66.1% during the 3rd quarter. Assetmark Inc. now owns 1,485 shares of the company’s stock worth $94,000 after buying an additional 591 shares during the period.

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.