Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Receives $87.44 Consensus Target Price from Analysts

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have earned an average rating of “Moderate Buy” from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $87.44.

ACHC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on Acadia Healthcare from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, August 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $94.00 price target on shares of Acadia Healthcare in a report on Friday, September 20th. Cantor Fitzgerald reissued a “neutral” rating and set a $90.00 target price on shares of Acadia Healthcare in a report on Monday, August 19th. Finally, Barclays reduced their target price on Acadia Healthcare from $89.00 to $83.00 and set an “overweight” rating for the company in a report on Thursday, August 1st.

Acadia Healthcare Stock Performance

Shares of ACHC stock opened at $76.61 on Wednesday. The stock has a market cap of $7.11 billion, a PE ratio of -547.21, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The business has a 50-day simple moving average of $73.91 and a 200-day simple moving average of $71.79. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. Acadia Healthcare has a 52-week low of $62.04 and a 52-week high of $87.77.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.04. The business had revenue of $796.00 million during the quarter, compared to analysts’ expectations of $784.38 million. Acadia Healthcare had a positive return on equity of 11.42% and a negative net margin of 0.17%. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. On average, equities analysts expect that Acadia Healthcare will post 3.51 EPS for the current year.

Hedge Funds Weigh In On Acadia Healthcare

A number of hedge funds have recently modified their holdings of the business. New York State Teachers Retirement System grew its position in shares of Acadia Healthcare by 0.3% during the first quarter. New York State Teachers Retirement System now owns 76,054 shares of the company’s stock worth $6,025,000 after acquiring an additional 200 shares during the last quarter. Blue Trust Inc. grew its position in shares of Acadia Healthcare by 86.1% during the second quarter. Blue Trust Inc. now owns 536 shares of the company’s stock worth $36,000 after acquiring an additional 248 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Acadia Healthcare by 3.5% during the second quarter. Commonwealth Equity Services LLC now owns 7,595 shares of the company’s stock worth $513,000 after acquiring an additional 257 shares during the last quarter. Quent Capital LLC grew its position in shares of Acadia Healthcare by 8.1% during the first quarter. Quent Capital LLC now owns 3,784 shares of the company’s stock worth $300,000 after acquiring an additional 284 shares during the last quarter. Finally, Retirement Systems of Alabama grew its position in shares of Acadia Healthcare by 0.3% during the first quarter. Retirement Systems of Alabama now owns 115,799 shares of the company’s stock worth $9,174,000 after acquiring an additional 303 shares during the last quarter.

Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities.