Analysts Set Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Price Target at $86.67

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has received a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $86.67.

Several analysts have weighed in on ACHC shares. Barclays cut their price objective on Acadia Healthcare from $83.00 to $76.00 and set an “overweight” rating on the stock in a research report on Monday, September 30th. Royal Bank of Canada restated an “outperform” rating and set a $94.00 price target on shares of Acadia Healthcare in a research report on Friday, September 20th. Deutsche Bank Aktiengesellschaft increased their price objective on Acadia Healthcare from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, August 2nd. Cantor Fitzgerald restated a “neutral” rating and set a $90.00 target price on shares of Acadia Healthcare in a report on Tuesday, October 1st. Finally, KeyCorp assumed coverage on shares of Acadia Healthcare in a research note on Friday, October 11th. They issued a “sector weight” rating for the company.

Institutional Trading of Acadia Healthcare

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its position in shares of Acadia Healthcare by 5.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 454,793 shares of the company’s stock valued at $35,365,000 after acquiring an additional 22,290 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Acadia Healthcare by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 8,861,427 shares of the company’s stock worth $689,065,000 after purchasing an additional 30,296 shares during the last quarter. Mather Group LLC. bought a new position in shares of Acadia Healthcare during the first quarter valued at $48,000. Vaughan Nelson Investment Management L.P. boosted its position in shares of Acadia Healthcare by 40.6% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 436,880 shares of the company’s stock valued at $34,610,000 after buying an additional 126,220 shares during the last quarter. Finally, State of Michigan Retirement System increased its holdings in Acadia Healthcare by 2.3% in the 1st quarter. State of Michigan Retirement System now owns 22,630 shares of the company’s stock worth $1,793,000 after buying an additional 500 shares in the last quarter.

Acadia Healthcare Stock Performance

Shares of ACHC stock opened at $56.96 on Friday. The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of -406.86, a PEG ratio of 1.57 and a beta of 1.29. The stock has a fifty day moving average of $71.64 and a 200 day moving average of $69.88. Acadia Healthcare has a 52 week low of $53.22 and a 52 week high of $87.77. 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 (NASDAQ:ACHC) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The business had revenue of $796.00 million during the quarter, compared to analyst estimates of $784.38 million. Acadia Healthcare had a negative net margin of 0.17% and a positive return on equity of 11.42%. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. As a group, research analysts expect that Acadia Healthcare will post 3.51 earnings per share 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.