Acadia Healthcare (ACHC) Set to Announce Quarterly Earnings on Wednesday

Acadia Healthcare (NASDAQ:ACHC) is set to issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.54 per share for the quarter.

Acadia Healthcare (NASDAQ:ACHC) opened at $34.24 on Wednesday. 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 fifty-two week low of $26.92 and a fifty-two week high of $54.34. The stock has a market cap of $3,010.00, a price-to-earnings ratio of 17.47, a P/E/G ratio of 1.14 and a beta of 0.85.

In other news, Director Reeve B. Waud sold 100,000 shares of Acadia Healthcare stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $31.80, for a total value of $3,180,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 11.10% of the stock is owned by company insiders.

A number of research analysts have weighed in on ACHC shares. KeyCorp reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Acadia Healthcare in a report on Friday, October 20th. Cantor Fitzgerald cut their price objective on shares of Acadia Healthcare from $48.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, October 24th. Mizuho set a $60.00 price objective on shares of Acadia Healthcare and gave the company a “buy” rating in a report on Tuesday, October 24th. Robert W. Baird cut shares of Acadia Healthcare from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $55.00 to $38.00 in a report on Wednesday, October 25th. Finally, Deutsche Bank cut shares of Acadia Healthcare from a “buy” rating to a “hold” rating and cut their price objective for the company from $60.00 to $37.00 in a report on Wednesday, October 25th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $43.92.

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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.

Earnings History for Acadia Healthcare (NASDAQ:ACHC)

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