Acadia Healthcare (NASDAQ:ACHC) Lowered to “Sell” Rating by StockNews.com

StockNews.com downgraded shares of Acadia Healthcare (NASDAQ:ACHC) from a hold rating to a sell rating in a research note issued to investors on Monday.

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

Acadia Healthcare Stock Down 0.0 %

ACHC opened at $45.12 on Monday. Acadia Healthcare has a 12 month low of $36.50 and a 12 month high of $87.77. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $4.19 billion, a P/E ratio of 14.79, a P/E/G ratio of 1.77 and a beta of 1.29. The stock’s 50 day moving average price is $40.43 and its 200 day moving average price is $58.28.

Acadia Healthcare (NASDAQ:ACHC) last posted 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 for the quarter, compared to analysts’ expectations of $819.42 million. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. As a group, research analysts predict that Acadia Healthcare will post 3.38 earnings per share for the current year.

Institutional Trading of Acadia Healthcare

A number of hedge funds have recently modified their holdings of ACHC. GAMMA Investing LLC raised its holdings in shares of Acadia Healthcare by 57.1% during the third quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock worth $42,000 after acquiring an additional 241 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Acadia Healthcare during the second quarter worth $59,000. Covestor Ltd raised its holdings in shares of Acadia Healthcare by 834.4% during the third quarter. Covestor Ltd now owns 1,140 shares of the company’s stock worth $72,000 after acquiring an additional 1,018 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of Acadia Healthcare during the third quarter worth $86,000. Finally, Assetmark Inc. raised its holdings in shares of Acadia Healthcare by 66.1% during the third quarter. Assetmark Inc. now owns 1,485 shares of the company’s stock worth $94,000 after acquiring an additional 591 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.