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

Acadia Healthcare Company, Inc. (NASDAQ:ACHC)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.04 and traded as high as $25.19. Acadia Healthcare shares last traded at $24.60, with a volume of 1,898,373 shares changing hands.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ACHC. Leerink Partners boosted their price objective on Acadia Healthcare from $14.00 to $22.00 and gave the company a “market perform” rating in a report on Thursday, February 26th. Raymond James Financial upgraded Acadia Healthcare from an “outperform” rating to a “strong-buy” rating and set a $39.00 price target for the company in a research report on Monday, May 4th. UBS Group boosted their price target on Acadia Healthcare from $27.00 to $31.00 and gave the company a “buy” rating in a report on Friday, April 17th. Jefferies Financial Group raised shares of Acadia Healthcare from a “hold” rating to a “buy” rating and raised their price objective for the stock from $24.50 to $30.00 in a research note on Wednesday, June 3rd. Finally, Cantor Fitzgerald lifted their target price on shares of Acadia Healthcare from $20.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $26.85.

Acadia Healthcare Stock Down 1.2%

The firm has a market cap of $2.26 billion, a price-to-earnings ratio of -2.01, a PEG ratio of 8.20 and a beta of 0.69. The business has a fifty day simple moving average of $25.52 and a 200 day simple moving average of $20.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.71 and a quick ratio of 1.71.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.09. The firm had revenue of $828.80 million for the quarter, compared to analyst estimates of $823.51 million. Acadia Healthcare had a positive return on equity of 7.09% and a negative net margin of 32.84%.The business’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 earnings per share. Acadia Healthcare has set its Q2 2026 guidance at 0.300-0.400 EPS. As a group, equities analysts forecast that Acadia Healthcare Company, Inc. will post 1.5 EPS for the current fiscal year.

Hedge Funds Weigh In On Acadia Healthcare

Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its stake in Acadia Healthcare by 54.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock worth $32,000 after purchasing an additional 497 shares in the last quarter. Wells Fargo & Company MN increased its stake in Acadia Healthcare by 208.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,233 shares of the company’s stock worth $32,000 after buying an additional 1,510 shares during the period. Bayforest Capital Ltd purchased a new stake in shares of Acadia Healthcare during the fourth quarter worth $52,000. GAMMA Investing LLC raised its position in Acadia Healthcare by 124.7% in the 4th quarter. GAMMA Investing LLC now owns 4,862 shares of the company’s stock valued at $69,000 after purchasing an additional 2,698 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Acadia Healthcare by 4,264.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 5,325 shares of the company’s stock worth $76,000 after buying an additional 5,203 shares in the last quarter.

Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee. Founded in 2005, the company has grown through organic expansion and strategic acquisitions to establish itself as a leading specialist in mental health and addiction treatment across the United States.

Acadia operates a diversified network of inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and intensive outpatient programs.