Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Get Free Report) have been given an average rating of "Moderate Buy" by the ten brokerages that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $47.94.

Several equities analysts recently issued reports on ACHC shares. KeyCorp cut their price objective on shares of Acadia Healthcare from $65.00 to $55.00 and set an "overweight" rating on the stock in a report on Wednesday, May 14th. Mizuho cut their price objective on shares of Acadia Healthcare from $37.00 to $32.00 and set a "neutral" rating on the stock in a report on Wednesday, May 14th. Bank of America cut their price objective on shares of Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating on the stock in a report on Friday, February 28th. Barclays cut their price objective on shares of Acadia Healthcare from $35.00 to $28.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 14th. Finally, Wall Street Zen raised shares of Acadia Healthcare from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd.

Institutional Investors Weigh In On Acadia Healthcare

Several institutional investors and hedge funds have recently made changes to their positions in ACHC. Lindbrook Capital LLC lifted its stake in shares of Acadia Healthcare by 1,342.0% during the fourth quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock worth $29,000 after buying an additional 671 shares during the period. UMB Bank n.a. lifted its stake in shares of Acadia Healthcare by 149.5% during the first quarter. UMB Bank n.a. now owns 1,260 shares of the company's stock worth $38,000 after buying an additional 755 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Acadia Healthcare by 11,218.2% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,245 shares of the company's stock worth $38,000 after buying an additional 1,234 shares during the period. Signaturefd LLC lifted its stake in shares of Acadia Healthcare by 460.6% during the fourth quarter. Signaturefd LLC now owns 1,222 shares of the company's stock worth $48,000 after buying an additional 1,004 shares during the period. Finally, Quadrant Capital Group LLC lifted its stake in shares of Acadia Healthcare by 287.1% during the fourth quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company's stock worth $50,000 after buying an additional 933 shares during the period.

Acadia Healthcare Trading Down 3.3%

Shares of NASDAQ:ACHC traded down $0.71 during trading on Friday, reaching $20.85. 2,222,637 shares of the company were exchanged, compared to its average volume of 1,785,603. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.35 and a quick ratio of 1.35. Acadia Healthcare has a 12-month low of $20.36 and a 12-month high of $82.41. The business's fifty day simple moving average is $23.02 and its 200-day simple moving average is $32.20. The firm has a market capitalization of $1.92 billion, a PE ratio of 10.27, a P/E/G ratio of 4.04 and a beta of 0.94.

Acadia Healthcare (NASDAQ:ACHC - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. The company had revenue of $770.51 million for the quarter, compared to analysts' expectations of $769.90 million. Acadia Healthcare had a net margin of 5.94% and a return on equity of 8.72%. The firm's quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 EPS. On average, research analysts anticipate that Acadia Healthcare will post 3.38 EPS for the current year.

About Acadia Healthcare

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.