Acadia Healthcare (NASDAQ:ACHC) Downgraded by Raymond James Financial to “Outperform”

Raymond James Financial downgraded shares of Acadia Healthcare (NASDAQ:ACHC) from a strong-buy rating to an outperform rating in a research note published on Monday, Marketbeat Ratings reports. The brokerage currently has $39.00 price target on the stock.

Several other brokerages have also recently weighed in on ACHC. Leerink Partners increased their target price on Acadia Healthcare from $30.00 to $33.00 and gave the company a “market perform” rating in a report on Wednesday, September 23rd. TD Cowen lifted their price target on Acadia Healthcare from $30.00 to $36.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. UBS Group increased their price objective on Acadia Healthcare from $31.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Jefferies Financial Group upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and raised their target price for the stock from $24.50 to $30.00 in a report on Wednesday, June 3rd. Finally, KeyCorp lifted their target price on shares of Acadia Healthcare from $30.00 to $40.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Eight research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Acadia Healthcare currently has a consensus rating of “Hold” and an average price target of $30.69.

Acadia Healthcare Price Performance

Shares of NASDAQ:ACHC opened at $27.91 on Monday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 1.20. The stock has a market cap of $2.60 billion, a PE ratio of -2.24, a PEG ratio of 9.05 and a beta of 0.62. The company’s fifty day moving average is $29.61 and its 200 day moving average is $27.38. Acadia Healthcare has a 52 week low of $11.43 and a 52 week high of $35.83.

Acadia Healthcare (NASDAQ:ACHC) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The business had revenue of $865.84 million during the quarter, compared to analyst estimates of $844.19 million. Acadia Healthcare had a negative net margin of 33.44% and a positive return on equity of 6.19%. The company’s revenue was down .4% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 earnings per share. Acadia Healthcare has set its FY 2026 guidance at 1.450-1.600 EPS. Research analysts anticipate that Acadia Healthcare will post 1.55 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. WINTON GROUP Ltd grew its position in shares of Acadia Healthcare by 1.4% in the 2nd quarter. WINTON GROUP Ltd now owns 255,451 shares of the company’s stock worth $7,543,000 after buying an additional 3,449 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Acadia Healthcare in the second quarter worth $79,000. Corient Private Wealth LP boosted its holdings in Acadia Healthcare by 22.5% in the second quarter. Corient Private Wealth LP now owns 24,258 shares of the company’s stock valued at $716,000 after acquiring an additional 4,459 shares in the last quarter. Braidwell LP boosted its holdings in Acadia Healthcare by 76.7% in the second quarter. Braidwell LP now owns 1,141,477 shares of the company’s stock valued at $33,708,000 after acquiring an additional 495,577 shares in the last quarter. Finally, Hsbc Holdings PLC purchased a new position in Acadia Healthcare during the 2nd quarter valued at $1,045,000.

About Acadia Healthcare

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services. The company operates facilities that offer treatment for mental health conditions, substance use disorders and other behavioral health needs. Its services are designed for children, adolescents and adults and may include inpatient psychiatric care, residential treatment, outpatient programs and specialized care.

Acadia’s facilities provide a range of treatment programs, including psychiatric hospitals, addiction treatment centers, eating disorder programs and other specialty behavioral healthcare services.