Brokerages forecast that Acadia Healthcare Company, Inc. (NASDAQ:ACHC) will report sales of $713.96 million for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Acadia Healthcare’s earnings. The lowest sales estimate is $708.90 million and the highest is $723.50 million. Acadia Healthcare posted sales of $702.89 million in the same quarter last year, which suggests a positive year over year growth rate of 1.6%. The firm is expected to report its next quarterly earnings results on Thursday, February 22nd.
On average, analysts expect that Acadia Healthcare will report full year sales of $713.96 million for the current year, with estimates ranging from $2.82 billion to $2.84 billion. For the next fiscal year, analysts forecast that the business will report sales of $3.01 billion per share, with estimates ranging from $2.99 billion to $3.06 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Acadia Healthcare.
Acadia Healthcare (NASDAQ:ACHC) last posted its quarterly earnings data on Tuesday, October 24th. The company reported $0.58 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.07). Acadia Healthcare had a net margin of 6.07% and a return on equity of 8.57%. The company had revenue of $716.70 million for the quarter, compared to analysts’ expectations of $728.86 million. During the same period in the previous year, the firm earned $0.58 earnings per share. The firm’s quarterly revenue was down 2.4% on a year-over-year basis.
Acadia Healthcare (NASDAQ:ACHC) traded down $1.07 during trading hours on Friday, reaching $31.83. The company’s stock had a trading volume of 1,787,300 shares, compared to its average volume of 1,349,360. The company has a market cap of $2,791.99, a P/E ratio of 13.88, a price-to-earnings-growth ratio of 1.18 and a beta of 0.89. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.30. Acadia Healthcare has a 1-year low of $26.92 and a 1-year high of $54.34.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Teacher Retirement System of Texas lifted its stake in shares of Acadia Healthcare by 0.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 5,949 shares of the company’s stock worth $294,000 after purchasing an additional 26 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in Acadia Healthcare by 0.9% in the second quarter. Public Employees Retirement Association of Colorado now owns 17,798 shares of the company’s stock valued at $879,000 after buying an additional 160 shares during the last quarter. Pacer Advisors Inc. raised its stake in Acadia Healthcare by 2.2% in the second quarter. Pacer Advisors Inc. now owns 10,365 shares of the company’s stock valued at $512,000 after buying an additional 226 shares during the last quarter. People s United Financial Inc. increased its holdings in shares of Acadia Healthcare by 3.4% in the second quarter. People s United Financial Inc. now owns 7,459 shares of the company’s stock valued at $368,000 after purchasing an additional 242 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Acadia Healthcare by 11.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,704 shares of the company’s stock valued at $134,000 after purchasing an additional 270 shares during the period.
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About Acadia Healthcare
Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.
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