Acadia Healthcare (NASDAQ:ACHC) Issues Quarterly Earnings Results

Acadia Healthcare (NASDAQ:ACHC) issued its earnings results on Wednesday. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01, FiscalAI reports. Acadia Healthcare had a return on equity of 8.34% and a net margin of 4.31%.The business had revenue of $851.57 million for the quarter, compared to the consensus estimate of $852.43 million. Acadia Healthcare updated its FY 2025 guidance to 2.350-2.450 EPS.

Acadia Healthcare Stock Performance

Shares of ACHC stock traded up $0.02 on Wednesday, reaching $20.68. The stock had a trading volume of 2,979,819 shares, compared to its average volume of 2,348,730. Acadia Healthcare has a 1 year low of $17.13 and a 1 year high of $47.08. The company has a 50 day simple moving average of $23.49 and a 200 day simple moving average of $22.82. The stock has a market cap of $1.91 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 4.56 and a beta of 0.90. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.32 and a current ratio of 1.32.

Wall Street Analyst Weigh In

Several analysts have commented on ACHC shares. UBS Group cut their target price on Acadia Healthcare from $45.00 to $31.00 and set a “buy” rating on the stock in a research note on Thursday, August 7th. Royal Bank Of Canada cut their target price on Acadia Healthcare from $43.00 to $28.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 13th. Bank of America downgraded Acadia Healthcare from a “buy” rating to a “neutral” rating and cut their target price for the company from $27.00 to $25.00 in a research note on Wednesday, September 10th. KeyCorp cut their target price on Acadia Healthcare from $55.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 8th. Finally, Barclays dropped their price target on Acadia Healthcare from $28.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 7th. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.09.

Hedge Funds Weigh In On Acadia Healthcare

A number of institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its holdings in Acadia Healthcare by 54.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock worth $32,000 after purchasing an additional 497 shares during the period. Treasurer of the State of North Carolina raised its holdings in Acadia Healthcare by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 42,502 shares of the company’s stock worth $964,000 after purchasing an additional 867 shares during the period. Prudential Financial Inc. raised its holdings in Acadia Healthcare by 21.9% in the 2nd quarter. Prudential Financial Inc. now owns 9,903 shares of the company’s stock worth $225,000 after purchasing an additional 1,780 shares during the period. Raymond James Financial Inc. raised its holdings in Acadia Healthcare by 4.5% in the 2nd quarter. Raymond James Financial Inc. now owns 112,050 shares of the company’s stock worth $2,542,000 after purchasing an additional 4,864 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in Acadia Healthcare by 55.6% in the 2nd quarter. Corient Private Wealth LLC now owns 19,056 shares of the company’s stock worth $432,000 after purchasing an additional 6,813 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.