Acadia Healthcare (NASDAQ:ACHC) Announces Earnings Results

Acadia Healthcare (NASDAQ:ACHC) issued its earnings results on Wednesday. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.01, FiscalAI reports. The company had revenue of $851.57 million for the quarter, compared to analysts’ expectations of $852.43 million. Acadia Healthcare had a net margin of 4.31% and a return on equity of 8.34%. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 EPS. Acadia Healthcare updated its FY 2025 guidance to 2.350-2.450 EPS.

Acadia Healthcare Price Performance

NASDAQ:ACHC traded down $0.69 during trading hours on Thursday, hitting $19.99. The company’s stock had a trading volume of 1,999,798 shares, compared to its average volume of 2,345,828. The business’s 50-day moving average is $23.46 and its two-hundred day moving average is $22.81. The company has a market capitalization of $1.85 billion, a PE ratio of 13.27, a PEG ratio of 4.56 and a beta of 0.97. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.32 and a current ratio of 1.32. Acadia Healthcare has a 52-week low of $17.13 and a 52-week high of $47.08.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its holdings in Acadia Healthcare by 54.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock valued at $32,000 after purchasing an additional 497 shares during the last quarter. Prudential Financial Inc. grew its holdings in Acadia Healthcare by 21.9% in the second quarter. Prudential Financial Inc. now owns 9,903 shares of the company’s stock valued at $225,000 after purchasing an additional 1,780 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Acadia Healthcare in the second quarter valued at $335,000. Corient Private Wealth LLC grew its holdings in Acadia Healthcare by 55.6% in the second quarter. Corient Private Wealth LLC now owns 19,056 shares of the company’s stock valued at $432,000 after purchasing an additional 6,813 shares during the last quarter. Finally, Bayesian Capital Management LP acquired a new stake in Acadia Healthcare in the second quarter valued at $460,000.

Wall Street Analyst Weigh In

Several analysts have commented on ACHC shares. Weiss Ratings reissued a “sell (d)” rating on shares of Acadia Healthcare in a research report on Wednesday, October 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $25.00 price objective on shares of Acadia Healthcare in a research report on Tuesday, October 7th. Bank of America lowered shares of Acadia Healthcare from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $27.00 to $25.00 in a research report on Wednesday, September 10th. UBS Group decreased their price objective on shares of Acadia Healthcare from $45.00 to $31.00 and set a “buy” rating for the company in a research report on Thursday, August 7th. Finally, KeyCorp decreased their price objective on shares of Acadia Healthcare from $55.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $34.82.

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.