Acadia Healthcare (NASDAQ:ACHC) Stock Rating Lowered by Raymond James Financial

Acadia Healthcare (NASDAQ:ACHC) was downgraded by equities research analysts at Raymond James Financial from a “strong-buy” rating to an “outperform” rating in a research report issued on Monday, Marketbeat Ratings reports. They presently have a $39.00 price objective on the stock. Raymond James Financial’s target price would indicate a potential upside of 39.09% from the stock’s previous close.

A number of other brokerages also recently issued reports on ACHC. UBS Group boosted their price target on shares of Acadia Healthcare from $31.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Guggenheim lifted their target price on shares of Acadia Healthcare from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Acadia Healthcare in a research report on Wednesday, September 9th. Jefferies Financial Group upgraded Acadia Healthcare from a “hold” rating to a “buy” rating and increased their price target for the stock from $24.50 to $30.00 in a report on Wednesday, June 3rd. Finally, Leerink Partners lifted their price objective on Acadia Healthcare from $30.00 to $33.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 23rd. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $30.69.

Acadia Healthcare Trading Up 0.5%

NASDAQ ACHC opened at $28.04 on Monday. The firm has a market capitalization of $2.61 billion, a PE ratio of -2.25, a price-to-earnings-growth ratio of 8.99 and a beta of 0.62. The business’s 50-day moving average price is $29.46 and its two-hundred day moving average price is $27.41. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 1.20. Acadia Healthcare has a 12 month low of $11.43 and a 12 month high of $35.83.

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

Hedge Funds Weigh In On Acadia Healthcare

Several institutional investors have recently made changes to their positions in the stock. Allworth Financial LP acquired a new stake in shares of Acadia Healthcare in the 2nd quarter valued at about $45,000. Global Retirement Partners LLC acquired a new position in Acadia Healthcare during the 2nd quarter worth approximately $68,000. Integrated Wealth Concepts LLC acquired a new position in Acadia Healthcare during the 2nd quarter worth approximately $79,000. Quantbot Technologies LP bought a new position in Acadia Healthcare in the second quarter worth approximately $88,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in Acadia Healthcare in the second quarter valued at approximately $144,000.

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.