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

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have been assigned an average recommendation of “Hold” from the seventeen research firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $44.91.

A number of equities research analysts have recently weighed in on the stock. Cantor Fitzgerald cut their target price on shares of Acadia Healthcare from $48.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 24th. Craig Hallum reaffirmed a “buy” rating and set a $41.00 target price (down previously from $65.00) on shares of Acadia Healthcare in a research note on Thursday, October 26th. Zacks Investment Research lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Jefferies Group set a $42.00 target price on shares of Acadia Healthcare and gave the company a “buy” rating in a research note on Wednesday, October 25th. Finally, Bank of America cut their target price on shares of Acadia Healthcare from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Wednesday, October 25th.

Acadia Healthcare (NASDAQ:ACHC) opened at $34.01 on Friday. The stock has a market cap of $2,918.50, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.13 and a beta of 0.90. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.36 and a quick ratio of 1.36. Acadia Healthcare has a 52-week low of $26.92 and a 52-week high of $54.34.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Tuesday, October 24th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.07). The company had revenue of $716.70 million for the quarter, compared to the consensus estimate of $728.86 million. Acadia Healthcare had a net margin of 6.07% and a return on equity of 8.57%. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.58 EPS. equities research analysts expect that Acadia Healthcare will post 2.23 EPS for the current fiscal year.

In related news, Director Reeve B. Waud sold 100,000 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $31.80, for a total transaction of $3,180,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 11.10% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. State of Alaska Department of Revenue bought a new position in shares of Acadia Healthcare in the fourth quarter worth approximately $150,000. C M Bidwell & Associates Ltd. bought a new position in shares of Acadia Healthcare in the second quarter worth approximately $205,000. Riverhead Capital Management LLC bought a new position in shares of Acadia Healthcare in the second quarter worth approximately $209,000. Rathbone Brothers plc bought a new position in shares of Acadia Healthcare in the third quarter worth approximately $223,000. Finally, Arthur Zaske & Associates LLC bought a new position in shares of Acadia Healthcare in the third quarter worth approximately $283,000.

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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.

Analyst Recommendations for Acadia Healthcare (NASDAQ:ACHC)

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