Robert W. Baird reiterated their hold rating on shares of Acadia Healthcare (NASDAQ:ACHC) in a research note published on Friday. Robert W. Baird currently has a $37.00 price target on the stock.

A number of other brokerages have also weighed in on ACHC. Zacks Investment Research lowered Acadia Healthcare from a hold rating to a sell rating in a report on Monday, October 2nd. BidaskClub downgraded Acadia Healthcare from a hold rating to a sell rating in a research note on Friday, August 18th. KeyCorp reaffirmed a buy rating and issued a $59.00 target price on shares of Acadia Healthcare in a research note on Friday, October 20th. Bank of America cut their target price on Acadia Healthcare from $60.00 to $52.00 and set a buy rating for the company in a research note on Wednesday, October 25th. Finally, Deutsche Bank downgraded Acadia Healthcare from a buy rating to a hold rating and cut their target price for the stock from $60.00 to $37.00 in a research note on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. Acadia Healthcare presently has a consensus rating of Hold and a consensus target price of $45.08.

Shares of Acadia Healthcare (ACHC) traded up $0.33 during mid-day trading on Friday, reaching $31.74. The company’s stock had a trading volume of 2,073,223 shares, compared to its average volume of 1,185,536. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.30. The stock has a market cap of $2,759.48, a price-to-earnings ratio of 13.72, a P/E/G ratio of 1.16 and a beta of 0.90. Acadia Healthcare has a 12 month low of $26.92 and a 12 month high of $54.34.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings data 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 firm had revenue of $716.70 million during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the business posted $0.58 EPS. equities research analysts predict that Acadia Healthcare will post 2.23 earnings per share for the current year.

Several large investors have recently modified their holdings of the stock. Teacher Retirement System of Texas increased its position 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. Pacer Advisors Inc. grew its position in Acadia Healthcare by 2.2% in the 2nd quarter. Pacer Advisors Inc. now owns 10,365 shares of the company’s stock valued at $512,000 after acquiring an additional 226 shares in the last quarter. People s United Financial Inc. grew its position in Acadia Healthcare by 3.4% in the 2nd quarter. People s United Financial Inc. now owns 7,459 shares of the company’s stock valued at $368,000 after acquiring an additional 242 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Acadia Healthcare by 11.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,704 shares of the company’s stock valued at $134,000 after acquiring an additional 270 shares in the last quarter. Finally, M&T Bank Corp grew its position in Acadia Healthcare by 12.6% in the 2nd quarter. M&T Bank Corp now owns 5,934 shares of the company’s stock valued at $293,000 after acquiring an additional 664 shares in the last quarter.

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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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