Acadia Healthcare (NASDAQ:ACHC) Cut to “Sell” at StockNews.com

StockNews.com lowered shares of Acadia Healthcare (NASDAQ:ACHC) from a hold rating to a sell rating in a report published on Monday morning.

ACHC has been the subject of a number of other research reports. Barclays lowered their price target on Acadia Healthcare from $76.00 to $43.00 and set an “overweight” rating for the company in a research report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a “hold” rating to a “buy” rating and boosted their price target for the company from $45.00 to $75.00 in a research report on Thursday, December 12th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $52.00 target price on shares of Acadia Healthcare in a research report on Tuesday, December 10th. Royal Bank of Canada decreased their target price on Acadia Healthcare from $94.00 to $64.00 and set an “outperform” rating for the company in a research report on Monday, November 18th. Finally, KeyCorp assumed coverage on Acadia Healthcare in a research report on Friday, October 11th. They issued a “sector weight” rating for the company. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Acadia Healthcare has an average rating of “Moderate Buy” and a consensus target price of $70.22.

Acadia Healthcare Stock Performance

Acadia Healthcare stock opened at $45.12 on Monday. The firm has a market capitalization of $4.19 billion, a P/E ratio of 14.79, a PEG ratio of 1.77 and a beta of 1.29. The stock has a fifty day moving average price of $40.43 and a 200 day moving average price of $58.28. Acadia Healthcare has a 52 week low of $36.50 and a 52 week high of $87.77. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60.

Acadia Healthcare (NASDAQ:ACHC) last released its earnings results on Wednesday, October 30th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.90 by $0.01. The firm had revenue of $815.60 million during the quarter, compared to analyst estimates of $819.42 million. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 earnings per share. Equities research analysts anticipate that Acadia Healthcare will post 3.38 earnings per share for the current year.

Institutional Trading of Acadia Healthcare

Several institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Acadia Healthcare by 57.1% during the 3rd quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock worth $42,000 after purchasing an additional 241 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Acadia Healthcare during the 2nd quarter worth approximately $59,000. Covestor Ltd raised its position in shares of Acadia Healthcare by 834.4% during the 3rd quarter. Covestor Ltd now owns 1,140 shares of the company’s stock worth $72,000 after purchasing an additional 1,018 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in shares of Acadia Healthcare during the 3rd quarter worth approximately $86,000. Finally, Assetmark Inc. raised its position in shares of Acadia Healthcare by 66.1% during the 3rd quarter. Assetmark Inc. now owns 1,485 shares of the company’s stock worth $94,000 after purchasing an additional 591 shares during the period.

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.