Acadia Healthcare (NASDAQ:ACHC) Trading Down 7.3% – What’s Next?

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) traded down 7.3% during mid-day trading on Monday . The stock traded as low as $14.46 and last traded at $14.3460. 150,206 shares changed hands during trading, a decline of 94% from the average session volume of 2,446,300 shares. The stock had previously closed at $15.47.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ACHC shares. Barclays cut their price objective on Acadia Healthcare from $17.00 to $14.00 and set an “equal weight” rating for the company in a report on Thursday. Royal Bank Of Canada reduced their price target on shares of Acadia Healthcare from $22.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Acadia Healthcare from $33.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, December 3rd. Raymond James Financial set a $17.00 target price on shares of Acadia Healthcare in a report on Wednesday, December 3rd. Finally, Cantor Fitzgerald set a $17.00 price target on shares of Acadia Healthcare in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $23.17.

Acadia Healthcare Trading Down 9.9%

The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $1.29 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 3.65 and a beta of 0.91. The stock’s fifty day moving average price is $20.68 and its two-hundred day moving average price is $21.68.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The business had revenue of $851.57 million during the quarter, compared to analyst estimates of $852.43 million. Acadia Healthcare had a return on equity of 7.66% and a net margin of 3.29%.Acadia Healthcare’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.91 EPS. Acadia Healthcare has set its FY 2025 guidance at 2.350-2.450 EPS. Sell-side analysts anticipate that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP lifted its position in shares of Acadia Healthcare by 676.4% in the 2nd quarter. Allworth Financial LP now owns 1,351 shares of the company’s stock worth $31,000 after purchasing an additional 1,177 shares during the period. EverSource Wealth Advisors LLC raised its stake in Acadia Healthcare by 54.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock worth $32,000 after buying an additional 497 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Acadia Healthcare by 11,218.2% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,245 shares of the company’s stock valued at $38,000 after acquiring an additional 1,234 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Acadia Healthcare by 501.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,185 shares of the company’s stock worth $54,000 after acquiring an additional 1,822 shares during the period. Finally, CWM LLC raised its position in shares of Acadia Healthcare by 105.1% in the 2nd quarter. CWM LLC now owns 2,633 shares of the company’s stock worth $60,000 after acquiring an additional 1,349 shares in the last quarter.

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.