Acadia Healthcare (NASDAQ:ACHC) Stock Breaks Above 200-Day Moving Average – Here’s What Happened

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) shares passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $27.53 and traded as high as $28.92. Acadia Healthcare shares last traded at $28.87, with a volume of 2,431,127 shares trading hands.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ACHC shares. TD Cowen increased their price objective on shares of Acadia Healthcare from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Raymond James Financial lowered shares of Acadia Healthcare from a “strong-buy” rating to an “outperform” rating and set a $39.00 price target for the company. in a research report on Monday, September 28th. KeyCorp increased their price target on shares of Acadia Healthcare from $30.00 to $40.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Weiss Ratings reiterated a “sell (d)” rating on shares of Acadia Healthcare in a report on Wednesday, September 9th. Finally, Leerink Partners boosted their price objective on shares of Acadia Healthcare from $30.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, September 23rd. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Acadia Healthcare currently has an average rating of “Hold” and a consensus price target of $30.69.

Acadia Healthcare Trading Up 0.7%

The stock has a market capitalization of $2.72 billion, a PE ratio of -2.35, a PEG ratio of 9.30 and a beta of 0.63. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 1.20. The business’s 50-day moving average is $28.90 and its two-hundred day moving average is $27.57.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. Acadia Healthcare had a positive return on equity of 6.19% and a negative net margin of 33.44%.The company had revenue of $865.84 million for the quarter, compared to analysts’ expectations of $844.19 million. During the same quarter in the previous year, the firm posted $0.83 earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis. Acadia Healthcare has set its FY 2026 guidance at 1.450-1.600 EPS. On average, analysts predict that Acadia Healthcare Company, Inc. will post 1.55 earnings per share for the current year.

Institutional Trading of Acadia Healthcare

Hedge funds have recently made changes to their positions in the company. Clough Capital Partners L P purchased a new position in shares of Acadia Healthcare during the 1st quarter valued at approximately $5,359,000. Deutsche Bank AG bought a new stake in shares of Acadia Healthcare in the second quarter worth $49,746,000. Lisanti Capital Growth LLC bought a new stake in shares of Acadia Healthcare in the second quarter worth $4,502,000. Royal Bank of Canada raised its holdings in Acadia Healthcare by 7,896.1% in the first quarter. Royal Bank of Canada now owns 278,265 shares of the company’s stock valued at $6,508,000 after acquiring an additional 274,785 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Acadia Healthcare by 64.7% during the 1st quarter. Bank of America Corp DE now owns 1,231,172 shares of the company’s stock valued at $28,797,000 after acquiring an additional 483,649 shares during the last quarter.

About Acadia Healthcare

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a provider of behavioral healthcare services. The company operates a network of psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics that provide care for individuals with mental health conditions, substance use disorders and other behavioral health needs.

Acadia’s services are designed for children, adolescents and adults and may include inpatient psychiatric treatment, addiction treatment, residential care, partial hospitalization and intensive outpatient programs.