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

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have received an average rating of “Hold” from the fifteen ratings firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $18.8182.

A number of brokerages have weighed in on ACHC. Cantor Fitzgerald set a $17.00 target price on Acadia Healthcare in a report on Wednesday, December 3rd. Bank of America downgraded shares of Acadia Healthcare from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $21.50 to $13.00 in a research report on Wednesday, December 3rd. Raymond James Financial set a $17.00 target price on shares of Acadia Healthcare in a research report on Wednesday, December 3rd. UBS Group cut their target price on shares of Acadia Healthcare from $28.00 to $24.00 and set a “buy” rating on the stock in a research note on Wednesday, December 3rd. Finally, Leerink Partners reaffirmed a “market perform” rating and issued a $14.00 price target (down from $25.00) on shares of Acadia Healthcare in a research note on Wednesday, December 3rd.

Acadia Healthcare Price Performance

Shares of NASDAQ ACHC opened at $13.53 on Tuesday. The company has a market capitalization of $1.25 billion, a PE ratio of 11.56, a P/E/G ratio of 3.55 and a beta of 0.88. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.73. Acadia Healthcare has a twelve month low of $12.63 and a twelve month high of $47.08. The firm has a fifty day simple moving average of $15.60 and a 200 day simple moving average of $20.30.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $851.57 million during the quarter, compared to the consensus estimate of $852.43 million. Acadia Healthcare had a return on equity of 7.66% and a net margin of 3.29%.The business’s revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business posted $0.91 EPS. Acadia Healthcare has set its FY 2025 guidance at 2.350-2.450 EPS. On average, sell-side analysts forecast that Acadia Healthcare will post 3.38 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ACHC. Allworth Financial LP grew its stake in Acadia Healthcare by 676.4% in the second quarter. Allworth Financial LP now owns 1,351 shares of the company’s stock valued at $31,000 after acquiring an additional 1,177 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Acadia Healthcare by 54.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock worth $32,000 after purchasing an additional 497 shares in the last quarter. Hantz Financial Services Inc. grew its position in Acadia Healthcare by 501.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,185 shares of the company’s stock valued at $54,000 after purchasing an additional 1,822 shares during the period. CWM LLC increased its stake in Acadia Healthcare by 105.1% during the 2nd quarter. CWM LLC now owns 2,633 shares of the company’s stock valued at $60,000 after purchasing an additional 1,349 shares in the last quarter. Finally, Quent Capital LLC acquired a new position in Acadia Healthcare during the third quarter worth $71,000.

About Acadia Healthcare

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee. Founded in 2005, the company has grown through organic expansion and strategic acquisitions to establish itself as a leading specialist in mental health and addiction treatment across the United States.

Acadia operates a diversified network of inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and intensive outpatient programs.