Acadia Healthcare Company, Inc. (ACHC) Expected to Post Earnings of $0.55 Per Share

Brokerages expect Acadia Healthcare Company, Inc. (NASDAQ:ACHC) to announce $0.55 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Eight analysts have provided estimates for Acadia Healthcare’s earnings. The lowest EPS estimate is $0.54 and the highest is $0.56. Acadia Healthcare reported earnings per share of $0.59 in the same quarter last year, which would suggest a negative year-over-year growth rate of 6.8%. The company is expected to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that Acadia Healthcare will report full-year earnings of $2.23 per share for the current year, with EPS estimates ranging from $2.20 to $2.25. For the next fiscal year, analysts anticipate that the business will report earnings of $2.44 per share, with EPS estimates ranging from $2.27 to $2.63. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Acadia Healthcare.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings results on Tuesday, October 24th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.07). The company had revenue of $716.70 million during the quarter, compared to analyst estimates of $728.86 million. Acadia Healthcare had a net margin of 6.07% and a return on equity of 8.57%. The business’s revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 EPS.

Several equities analysts recently issued reports on ACHC shares. Jefferies Group set a $60.00 price target on Acadia Healthcare and gave the company a “buy” rating in a research report on Wednesday, October 11th. Citigroup dropped their price target on Acadia Healthcare from $61.00 to $44.00 and set a “buy” rating on the stock in a research report on Wednesday, October 25th. Cantor Fitzgerald dropped their price target on Acadia Healthcare from $48.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 24th. Deutsche Bank cut Acadia Healthcare from a “buy” rating to a “hold” rating and dropped their price target for the company from $60.00 to $37.00 in a research report on Wednesday, October 25th. Finally, Zacks Investment Research cut Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $44.17.

Shares of Acadia Healthcare (ACHC) traded up $0.79 during mid-day trading on Friday, reaching $34.01. The company had a trading volume of 1,463,346 shares, compared to its average volume of 1,406,462. The firm has a market cap of $2,910.00, a PE ratio of 17.35, a PEG ratio of 1.13 and a beta of 0.90. Acadia Healthcare has a 1 year low of $26.92 and a 1 year high of $54.34. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.36 and a quick ratio of 1.36.

In other Acadia Healthcare news, Director Reeve B. Waud sold 100,000 shares of Acadia Healthcare stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $31.80, for a total value of $3,180,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 11.10% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. boosted its holdings in Acadia Healthcare by 65.6% in the 2nd quarter. BlackRock Inc. now owns 8,523,077 shares of the company’s stock valued at $420,871,000 after purchasing an additional 3,377,291 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Acadia Healthcare by 8.9% in the 2nd quarter. Vanguard Group Inc. now owns 6,254,532 shares of the company’s stock valued at $308,849,000 after purchasing an additional 511,299 shares in the last quarter. Frontier Capital Management Co. LLC boosted its stake in shares of Acadia Healthcare by 13.2% during the 4th quarter. Frontier Capital Management Co. LLC now owns 2,903,403 shares of the company’s stock worth $94,738,000 after acquiring an additional 337,961 shares in the last quarter. FMR LLC boosted its stake in shares of Acadia Healthcare by 26.4% during the 2nd quarter. FMR LLC now owns 2,775,451 shares of the company’s stock worth $137,052,000 after acquiring an additional 580,449 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Acadia Healthcare by 95.2% during the 2nd quarter. State Street Corp now owns 1,998,030 shares of the company’s stock worth $98,667,000 after acquiring an additional 974,524 shares in the last quarter.

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About Acadia Healthcare

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.

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Earnings History and Estimates for Acadia Healthcare (NASDAQ:ACHC)

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