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

Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Get Free Report) has earned a consensus rating of "Moderate Buy" from the nine brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $70.22.

A number of equities analysts recently commented on ACHC shares. Royal Bank of Canada reiterated an "outperform" rating and set a $64.00 price objective on shares of Acadia Healthcare in a research report on Friday, January 10th. Cantor Fitzgerald restated a "neutral" rating and issued a $52.00 target price on shares of Acadia Healthcare in a research report on Tuesday, December 10th. KeyCorp upgraded Acadia Healthcare from a "sector weight" rating to an "overweight" rating and set a $70.00 target price on the stock in a research report on Tuesday, January 7th. TD Cowen reduced their target price on Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating on the stock in a research report on Tuesday, January 7th. Finally, Barclays reduced their target price on 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 Price Performance

Shares of NASDAQ:ACHC traded up $0.59 during trading on Tuesday, reaching $44.37. The stock had a trading volume of 1,553,810 shares, compared to its average volume of 2,180,701. Acadia Healthcare has a 1-year low of $36.50 and a 1-year high of $87.77. The stock has a market cap of $4.12 billion, a PE ratio of 14.55, a PEG ratio of 1.77 and a beta of 1.29. 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 business has a fifty day moving average price of $40.75 and a 200-day moving average price of $56.91.

Acadia Healthcare (NASDAQ:ACHC - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.01. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. The firm had revenue of $815.60 million for the quarter, compared to the consensus estimate of $819.42 million. During the same quarter last year, the business posted $0.91 earnings per share. The firm's revenue was up 8.7% compared to the same quarter last year. On average, equities analysts forecast that Acadia Healthcare will post 3.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Acadia Healthcare

Several institutional investors and hedge funds have recently modified their holdings of the company. Fifth Third Bancorp grew its stake in Acadia Healthcare by 56.0% during the 4th quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock worth $50,000 after purchasing an additional 454 shares in the last quarter. Inspire Investing LLC grew its stake in Acadia Healthcare by 54.2% during the 4th quarter. Inspire Investing LLC now owns 10,249 shares of the company's stock worth $406,000 after purchasing an additional 3,602 shares in the last quarter. SG Americas Securities LLC grew its stake in Acadia Healthcare by 713.3% during the 4th quarter. SG Americas Securities LLC now owns 110,866 shares of the company's stock worth $4,396,000 after purchasing an additional 97,235 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Acadia Healthcare by 40.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock worth $41,000 after purchasing an additional 301 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Acadia Healthcare by 302.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 90,772 shares of the company's stock worth $3,599,000 after acquiring an additional 68,190 shares in the last quarter.

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.