Brokerages predict that Acadia Healthcare Company Inc (NASDAQ:ACHC) will post earnings of $0.48 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have made estimates for Acadia Healthcare’s earnings, with the highest EPS estimate coming in at $0.51 and the lowest estimate coming in at $0.32. Acadia Healthcare posted earnings per share of $0.61 during the same quarter last year, which would indicate a negative year-over-year growth rate of 21.3%. The business is expected to issue its next earnings report after the market closes on Thursday, February 28th.
On average, analysts expect that Acadia Healthcare will report full-year earnings of $2.26 per share for the current year, with EPS estimates ranging from $2.24 to $2.28. For the next fiscal year, analysts anticipate that the firm will post earnings of $2.42 per share, with EPS estimates ranging from $2.26 to $2.70. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Acadia Healthcare.
Get Acadia Healthcare alerts:A number of brokerages recently issued reports on ACHC. Zacks Investment Research raised shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Monday, November 12th. BidaskClub raised shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a research report on Wednesday, October 31st. ValuEngine raised shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a research report on Friday, October 26th. UBS Group began coverage on shares of Acadia Healthcare in a research report on Thursday, November 15th. They issued a “neutral” rating and a $39.00 target price on the stock. Finally, Citigroup decreased their target price on shares of Acadia Healthcare from $46.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, November 14th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $40.36.
Shares of ACHC opened at $28.41 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. Acadia Healthcare has a 12-month low of $24.27 and a 12-month high of $45.35. The stock has a market capitalization of $2.51 billion, a P/E ratio of 12.35, a PEG ratio of 1.27 and a beta of 0.64.
A number of hedge funds and other institutional investors have recently bought and sold shares of ACHC. Oregon Public Employees Retirement Fund lifted its position in shares of Acadia Healthcare by 2,686.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 897,973 shares of the company’s stock worth $35,000 after purchasing an additional 865,743 shares in the last quarter. Advisor Group Inc. lifted its position in shares of Acadia Healthcare by 23.9% during the fourth quarter. Advisor Group Inc. now owns 3,039 shares of the company’s stock worth $78,000 after purchasing an additional 587 shares in the last quarter. Pearl River Capital LLC acquired a new stake in shares of Acadia Healthcare during the fourth quarter worth about $92,000. Ffcm LLC lifted its position in shares of Acadia Healthcare by 183.6% during the fourth quarter. Ffcm LLC now owns 4,697 shares of the company’s stock worth $121,000 after purchasing an additional 3,041 shares in the last quarter. Finally, NumerixS Investment Technologies Inc acquired a new stake in shares of Acadia Healthcare during the fourth quarter worth about $156,000.
About Acadia Healthcare
Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities. The company operates acute inpatient psychiatric facilities, which offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities, including residential recovery facilities, eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers, which treat patients with behavioral disorders in a non-hospital setting, including outdoor programs.
Further Reading: How to interpret a stock's beta number
Get a free copy of the Zacks research report on Acadia Healthcare (ACHC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
No comments:
Post a Comment