Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) have earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $70.22.

Several brokerages recently issued reports on ACHC. StockNews.com downgraded shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday, January 6th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $52.00 target price on shares of Acadia Healthcare in a research note on Tuesday, December 10th. Royal Bank of Canada reiterated an “outperform” rating and issued a $64.00 target price on shares of Acadia Healthcare in a research note on Friday, January 10th. TD Cowen cut their target price on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a research note on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft raised shares of 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 report on Thursday, December 12th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. GAMMA Investing LLC increased 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 purchasing an additional 241 shares during the period. Treasurer of the State of North Carolina increased its holdings in shares of Acadia Healthcare by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 40,005 shares of the company’s stock worth $1,586,000 after purchasing an additional 250 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Acadia Healthcare by 40.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock worth $41,000 after purchasing an additional 301 shares during the period. Coldstream Capital Management Inc. increased its holdings in shares of Acadia Healthcare by 4.9% during the fourth quarter. Coldstream Capital Management Inc. now owns 6,470 shares of the company’s stock worth $257,000 after purchasing an additional 303 shares during the period. Finally, Atria Investments Inc increased its holdings in shares of Acadia Healthcare by 4.7% during the third quarter. Atria Investments Inc now owns 6,844 shares of the company’s stock worth $434,000 after purchasing an additional 308 shares during the period.

Acadia Healthcare Trading Down 0.4 %

Shares of NASDAQ:ACHC opened at $40.94 on Friday. Acadia Healthcare has a 52-week low of $36.50 and a 52-week high of $87.77. The company has a market capitalization of $3.80 billion, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 1.51 and a beta of 1.30. The company has a 50-day simple moving average of $42.14 and a 200 day simple moving average of $53.36. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07.

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.