The stock of Acadia Healthcare Company Inc (NASDAQ:ACHC) is a huge mover today! The stock increased 4.29% or $2.04 during the last trading session, hitting $49.55. About 1.62M shares traded hands or 75.46% up from the average. Acadia Healthcare Company Inc (NASDAQ:ACHC) has declined 15.63% since February 26, 2016 and is downtrending. It has underperformed by 26.05% the S&P500.
The move comes after 8 months positive chart setup for the $4.31B company. It was reported on Oct, 1 by Barchart.com. We have $71.85 PT which if reached, will make NASDAQ:ACHC worth $1.94 billion more.
Analysts await Acadia Healthcare Company Inc (NASDAQ:ACHC) to report earnings on November, 1. They expect $0.67 EPS, up 8.06% or $0.05 from last year’s $0.62 per share. ACHC’s profit will be $58.28 million for 18.49 P/E if the $0.67 EPS becomes a reality. After $0.73 actual EPS reported by Acadia Healthcare Company Inc for the previous quarter, Wall Street now forecasts -8.22% negative EPS growth.
Acadia Healthcare Company Inc (NASDAQ:ACHC) Ratings Coverage
Out of 9 analysts covering Acadia Healthcare (NASDAQ:ACHC), 8 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 89% are positive. Acadia Healthcare has been the topic of 14 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Mizuho maintained the shares of ACHC in a report on Thursday, August 6 with “Buy” rating. As per Thursday, August 6, the company rating was upgraded by Zacks. On Monday, February 1 the stock rating was initiated by KeyBanc Capital Markets with “Overweight”. The firm has “Buy” rating by Mizuho given on Friday, April 29. The firm earned “Buy” rating on Thursday, August 6 by Cantor Fitzgerald. The company was maintained on Monday, August 1 by RBC Capital Markets. The stock has “Outperform” rating given by Robert W. Baird on Thursday, September 15. The firm has “Neutral” rating by JP Morgan given on Wednesday, September 16. The rating was initiated by Leerink Swann with “Outperform” on Tuesday, September 1.
According to Zacks Investment Research, “Acadia Healthcare Company, Inc. provides inpatient behavioral health care services. It provides psychiatric and chemical dependency services, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. Acadia Healthcare Company, Inc. is headquartered in Franklin, Tennessee.”
Insitutional Activity: The institutional sentiment decreased to 1.25 in Q2 2016. Its down 0.09, from 1.34 in 2016Q1. The ratio worsened, as 32 funds sold all Acadia Healthcare Company Inc shares owned while 70 reduced positions. 34 funds bought stakes while 94 increased positions. They now own 85.76 million shares or 4.92% more from 81.74 million shares in 2016Q1.
Teacher Retirement Of Texas holds 0% or 10,383 shares in its portfolio. Capstone Advsrs Llc accumulated 0.02% or 15,500 shares. Axiom De holds 0.05% of its portfolio in Acadia Healthcare Company Inc (NASDAQ:ACHC) for 32,076 shares. Alliancebernstein Lp has invested 0.09% of its portfolio in Acadia Healthcare Company Inc (NASDAQ:ACHC). Swiss Financial Bank reported 122,068 shares or 0.01% of all its holdings. Barclays Public Ltd Company holds 0% of its portfolio in Acadia Healthcare Company Inc (NASDAQ:ACHC) for 20,454 shares. Walleye Trading Limited holds 0% or 2,700 shares in its portfolio. Brown Brothers Harriman & holds 0% of its portfolio in Acadia Healthcare Company Inc (NASDAQ:ACHC) for 74 shares. St Johns Inv Mgmt Ltd holds 0% or 40 shares in its portfolio. Paradigm Asset Mgmt Co Limited Liability Corp holds 0% or 2,050 shares in its portfolio. Summit Group Lc, a New York-based fund reported 13,500 shares. Eagle Asset Mgmt last reported 0.4% of its portfolio in the stock. Macquarie Grp Inc Limited last reported 46,634 shares in the company. Credit Suisse Ag has 57,119 shares for 0% of their US portfolio. Blackrock Inc has invested 0% of its portfolio in Acadia Healthcare Company Inc (NASDAQ:ACHC).
Insider Transactions: Since August 5, 2016, the stock had 0 insider purchases, and 10 selling transactions for $139.31 million net activity. On Monday, August 8 the insider Fincher Ronald Morgan sold $462,536. $190,044 worth of shares were sold by GOLDBERG RANDALL P on Friday, August 5. WAUD CAPITAL PARTNERS III – L.L.C. had sold 457,443 shares worth $22.14M. Another trade for 828,534 shares valued at $40.10 million was made by WAUD CAPITAL PARTNERS II – L.L.C. on Wednesday, September 14. Duckworth David M. sold $905,681 worth of Acadia Healthcare Company Inc (NASDAQ:ACHC) on Monday, August 15. $66.04M worth of Acadia Healthcare Company Inc (NASDAQ:ACHC) shares were sold by WAUD REEVE B.
Another recent and important Acadia Healthcare Company Inc (NASDAQ:ACHC) news was published by Zacks.com which published an article titled: “Acadia Healthcare to Serve FBINAA as Treatment Provider” on September 21, 2016.
ACHC Company Profile
Acadia Healthcare Company, Inc., incorporated on October 24, 2005, is a well-known provider of behavioral healthcare services. The Firm operates in two divisions: U.S. Facilities and U.K. Facilities. The Firm develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities throughout the United States, the United Kingdom and Puerto Rico. The Firm operates approximately 260 behavioral healthcare facilities with over 9,900 beds in over 40 states, the United Kingdom and Puerto Rico.
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