Acadia Healthcare (NASDAQ:ACHC) Shares Climb 3.6% – Still a Buy?

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) traded up 3.6% on Wednesday. The stock traded as high as $31.25 and last traded at $31.3290. 498,230 shares traded hands during trading, a decline of 83% from the average daily volume of 2,887,659 shares. The stock had previously closed at $30.23.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ACHC shares. KeyCorp increased their price objective on shares of Acadia Healthcare from $30.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Leerink Partners upped their price objective on Acadia Healthcare from $30.00 to $33.00 and gave the company a “market perform” rating in a research report on Wednesday, September 23rd. Barclays increased their target price on Acadia Healthcare from $25.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Raymond James Financial downgraded Acadia Healthcare from a “strong-buy” rating to an “outperform” rating and set a $39.00 target price for the company. in a research report on Monday, September 28th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Acadia Healthcare in a research note on Wednesday, September 9th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $30.69.

Acadia Healthcare Price Performance

The firm has a market capitalization of $2.95 billion, a P/E ratio of -2.56, a P/E/G ratio of 9.69 and a beta of 0.63. The stock’s 50 day simple moving average is $28.90 and its 200 day simple moving average is $27.79. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.57 and a current ratio of 1.57.

Acadia Healthcare (NASDAQ:ACHC) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.03. The firm had revenue of $865.84 million during the quarter, compared to the consensus estimate of $844.19 million. Acadia Healthcare had a negative net margin of 33.44% and a positive return on equity of 6.19%. The company’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. Acadia Healthcare has set its FY 2026 guidance at 1.450-1.600 EPS. As a group, analysts expect that Acadia Healthcare Company, Inc. will post 1.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Acadia Healthcare

Hedge funds have recently made changes to their positions in the company. Clough Capital Partners L P purchased a new position in Acadia Healthcare during the first quarter valued at approximately $5,359,000. Deutsche Bank AG purchased a new stake in Acadia Healthcare during the second quarter worth $49,746,000. Lisanti Capital Growth LLC purchased a new stake in Acadia Healthcare during the second quarter worth $4,502,000. Royal Bank of Canada boosted its position in Acadia Healthcare by 7,896.1% during the 1st quarter. Royal Bank of Canada now owns 278,265 shares of the company’s stock valued at $6,508,000 after acquiring an additional 274,785 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Acadia Healthcare by 64.7% during the 1st quarter. Bank of America Corp DE now owns 1,231,172 shares of the company’s stock valued at $28,797,000 after acquiring an additional 483,649 shares in the last quarter.

Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a provider of behavioral healthcare services. The company operates a network of psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics that provide care for individuals with mental health conditions, substance use disorders and other behavioral health needs.

Acadia’s services are designed for children, adolescents and adults and may include inpatient psychiatric treatment, addiction treatment, residential care, partial hospitalization and intensive outpatient programs.