Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Receives $32.82 Consensus Target Price from Brokerages

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has earned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $32.3636.

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Acadia Healthcare in a report on Wednesday, October 8th. Wall Street Zen upgraded Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Sunday, August 3rd. Royal Bank Of Canada reduced their price target on shares of Acadia Healthcare from $28.00 to $22.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Barclays decreased their price objective on Acadia Healthcare from $20.00 to $17.00 and set an “equal weight” rating for the company in a report on Thursday, November 6th. Finally, Cantor Fitzgerald lowered their target price on shares of Acadia Healthcare from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, November 7th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Verdence Capital Advisors LLC grew its position in shares of Acadia Healthcare by 3.3% during the second quarter. Verdence Capital Advisors LLC now owns 14,656 shares of the company’s stock worth $333,000 after purchasing an additional 465 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Acadia Healthcare by 54.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock worth $32,000 after acquiring an additional 497 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Acadia Healthcare by 10.3% during the first quarter. PNC Financial Services Group Inc. now owns 6,672 shares of the company’s stock valued at $202,000 after acquiring an additional 622 shares in the last quarter. LPL Financial LLC lifted its stake in Acadia Healthcare by 1.2% in the 1st quarter. LPL Financial LLC now owns 56,527 shares of the company’s stock worth $1,651,000 after purchasing an additional 697 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in shares of Acadia Healthcare by 2.6% during the second quarter. Public Employees Retirement System of Ohio now owns 30,468 shares of the company’s stock valued at $691,000 after purchasing an additional 760 shares in the last quarter.

Acadia Healthcare Price Performance

Acadia Healthcare stock opened at $14.34 on Monday. The business has a 50-day simple moving average of $22.28 and a 200 day simple moving average of $22.45. Acadia Healthcare has a 52 week low of $14.30 and a 52 week high of $47.08. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 4.56 and a beta of 0.97. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.73.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $851.57 million during the quarter, compared to the consensus estimate of $852.43 million. Acadia Healthcare had a return on equity of 8.34% and a net margin of 4.31%.The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the company posted $0.91 EPS. Acadia Healthcare has set its FY 2025 guidance at 2.350-2.450 EPS. On average, research analysts forecast that Acadia Healthcare will post 3.38 earnings per share for the current fiscal 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.