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

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has received a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $86.67.

Several analysts recently issued reports on ACHC shares. Barclays dropped their target price on Acadia Healthcare from $83.00 to $76.00 and set an “overweight” rating on the stock in a report on Monday, September 30th. StockNews.com upgraded Acadia Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. KeyCorp started coverage on shares of Acadia Healthcare in a report on Friday, October 11th. They set a “sector weight” rating on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 price target on shares of Acadia Healthcare in a research note on Tuesday, October 1st. Finally, Royal Bank of Canada restated an “outperform” rating and set a $94.00 price objective on shares of Acadia Healthcare in a research note on Friday, September 20th.

Institutional Trading of Acadia Healthcare

Hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in Acadia Healthcare by 57.1% during the 3rd quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock worth $42,000 after buying an additional 241 shares during the period. Blue Trust Inc. raised its stake in Acadia Healthcare by 86.1% in the 2nd quarter. Blue Trust Inc. now owns 536 shares of the company’s stock worth $36,000 after purchasing an additional 248 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Acadia Healthcare by 3.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 7,595 shares of the company’s stock valued at $513,000 after purchasing an additional 257 shares during the period. Atria Investments Inc grew its position in shares of Acadia Healthcare by 4.7% during the 3rd quarter. Atria Investments Inc now owns 6,844 shares of the company’s stock worth $434,000 after purchasing an additional 308 shares in the last quarter. Finally, KBC Group NV increased its holdings in shares of Acadia Healthcare by 14.4% during the third quarter. KBC Group NV now owns 2,688 shares of the company’s stock worth $170,000 after purchasing an additional 338 shares during the period.

Acadia Healthcare Trading Down 0.7 %

NASDAQ ACHC opened at $39.83 on Thursday. Acadia Healthcare has a 52 week low of $39.64 and a 52 week high of $87.77. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07. The stock’s 50 day moving average price is $59.60 and its two-hundred day moving average price is $66.10. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 1.78 and a beta of 1.33.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $819.42 million. During the same quarter in the prior year, the company posted $0.91 earnings per share. The firm’s revenue was up 8.7% on a year-over-year basis. As a group, analysts anticipate that Acadia Healthcare will post 3.38 earnings per share for the current fiscal year.

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.