Acadia Healthcare Company Inc to Post Q1 2018 Earnings of $0.48 Per Share, Leerink Swann Forecasts (ACHC)
Acadia Healthcare Company Inc (NASDAQ:ACHC) – Leerink Swann issued their Q1 2018 earnings per share (EPS) estimates for shares of Acadia Healthcare in a research note issued on Tuesday. Leerink Swann analyst A. Gupte expects that the company will post earnings per share of $0.48 for the quarter. Leerink Swann also issued estimates for Acadia Healthcare’s Q2 2018 earnings at $0.67 EPS, Q3 2018 earnings at $0.65 EPS, Q4 2018 earnings at $0.66 EPS, FY2018 earnings at $2.46 EPS and FY2019 earnings at $2.81 EPS.
Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Wednesday, February 21st. The company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.07. Acadia Healthcare had a net margin of 6.92% and a return on equity of 8.16%. The business had revenue of $724.50 million for the quarter, compared to the consensus estimate of $713.20 million. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis.
Shares of Acadia Healthcare (NASDAQ ACHC) opened at $39.76 on Friday. Acadia Healthcare has a 12 month low of $26.92 and a 12 month high of $54.34. The firm has a market cap of $3,490.00, a price-to-earnings ratio of 19.30, a PEG ratio of 1.21 and a beta of 0.69. The company has a quick ratio of 1.36, a current ratio of 1.25 and a debt-to-equity ratio of 1.25.
In other news, Director Reeve B. Waud sold 100,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $31.80, for a total value of $3,180,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Randall P. Goldberg sold 960 shares of the stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $38.47, for a total transaction of $36,931.20. Following the transaction, the vice president now owns 6,942 shares in the company, valued at $267,058.74. The disclosure for this sale can be found here. Corporate insiders own 11.10% of the company’s stock.
A number of institutional investors have recently modified their holdings of ACHC. Freshford Capital Management LLC bought a new position in Acadia Healthcare during the 4th quarter worth about $31,835,000. Frontier Capital Management Co. LLC grew its holdings in Acadia Healthcare by 13.2% during the 4th quarter. Frontier Capital Management Co. LLC now owns 2,903,403 shares of the company’s stock worth $94,738,000 after acquiring an additional 337,961 shares in the last quarter. Sapience Investments LLC bought a new position in Acadia Healthcare during the 4th quarter worth about $10,279,000. Aristotle Capital Management LLC grew its holdings in Acadia Healthcare by 5.0% during the 4th quarter. Aristotle Capital Management LLC now owns 6,183,866 shares of the company’s stock worth $201,780,000 after acquiring an additional 297,069 shares in the last quarter. Finally, Pictet Asset Management Ltd. bought a new position in Acadia Healthcare during the 3rd quarter worth about $11,324,000.
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Acadia Healthcare Company Profile
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.
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