Acadia Healthcare’s (NASDAQ:ACHC) price objective was increased by analysts at Stephens from $86.00 to $88.00 in a research note given to investors on Thursday. The brokerage currently suggests “equal weight” on the stock. Stephens predicts that the company’s price will grow by 7.40% from its previous closing.
Recently, a number of research institutions provided their perspectives on ACHC. On Wednesday, October 12, StockNews.com published a research report on Acadia Healthcare stock.They gave the company a “hold” rating. Mizuho raised their target price for Acadia Healthcare from $80 to $87 in a research note released on Thursday. SVB Leerink raised their Acadia Healthcare price objective from $95.00 to $103.00 in a research report released on Friday, August 26th, and rated the company as “outperform.” Last but not least, UBS Group cut its price objective on Acadia Healthcare to $96.00 in a research report released on Friday, November 4th. The stock has been rated a buy by three research analysts and a hold by four others. According to information from Bloomberg.com, the company has an average target price of $87,000 and a consensus rating of “Hold.”
On Thursday, the IPO price for ACHC was $81.94. The business has a $7.45 billion market cap, a P/E ratio of 26.43, a PEG of 2.27, and a beta of 1.25. The company now has quick, current, and debt-to-equity ratios of 0.50, 1.30, and 1.30, respectively. Acadia Healthcare’s 52-week high and low are $89.85 and $50.07, respectively. The company’s 50-day moving average is $82.12, and its 200-day moving average is $78.44.
Recent changes to or reductions in shareholding by significant shareholders Advisor Group Holdings Inc. boosted its ownership of Acadia Healthcare by 21.3% during the first quarter. Advisor Group Holdings Inc. now owns 4,111 shares in the business, valued at $270,000, after acquiring an additional 721 shares in the most recent quarter. M&T Bank Corp. grew its stake in Acadia Healthcare by 18.9% during the first quarter. M&T Bank Corp now owns 9,777 shares in the company, valued at $640,000, after acquiring 1,557 more shares in the most recent quarter.The Teacher Retirement System of Texas grew its holding in Acadia Healthcare by 7.4% during the first quarter. The Teacher Retirement System of Texas now owns 17,614 shares in the business worth $1,154,000 after purchasing an additional 1,217 shares over the past three months. The Swiss National Bank grew its stake in Acadia Healthcare by 7.5% during the first quarter. In the most recent quarter, Swiss National Bank purchased 14,100 additional shares of its stock, increasing its total to 202,068 at a cost of $13,242,000. And lastly, Campbell & CO Investment Adviser LLC boosted its holding in Acadia Healthcare by 225.0% during the first quarter. Campbell & CO Investment Adviser LLC now directly owns 14,274 shares in the company valued at $935,000 after acquiring an additional 9,882 shares in the most recent quarter. Institutions presently own 99 percent of the company’s shares.
Acadia Healthcare Company, Inc. provides behavioral healthcare services in the United States and Puerto Rico. The business offers behavioral healthcare services to its clients in a variety of settings, including specialty treatment centers, inpatient psychiatric hospitals, residential treatment facilities, and outpatient clinics.
