BidaskClub Upgrades Acadia Healthcare (ACHC) to Hold

Acadia Healthcare (NASDAQ:ACHC) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

Several other brokerages also recently issued reports on ACHC. ValuEngine raised shares of Acadia Healthcare from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 26th. Credit Suisse Group upped their price objective on shares of Acadia Healthcare from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Tuesday, July 31st. Mizuho set a $37.00 price objective on shares of Acadia Healthcare and gave the company a “hold” rating in a research note on Thursday, October 18th. BMO Capital Markets downgraded shares of Acadia Healthcare from an “outperform” rating to a “market perform” rating and set a $45.00 price objective on the stock. in a research note on Wednesday, August 1st. Finally, Cantor Fitzgerald reissued a “hold” rating and set a $39.00 price objective on shares of Acadia Healthcare in a research note on Thursday, October 18th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $43.11.

Shares of ACHC opened at $41.19 on Wednesday. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.20. The company has a market cap of $3.49 billion, a P/E ratio of 17.91, a PEG ratio of 1.46 and a beta of 0.63. Acadia Healthcare has a 1 year low of $26.92 and a 1 year high of $45.02.



Institutional investors and hedge funds have recently made changes to their positions in the stock. Alpine Woods Capital Investors LLC acquired a new position in Acadia Healthcare during the second quarter worth approximately $153,000. New Jersey Better Educational Savings Trust acquired a new position in Acadia Healthcare during the second quarter worth approximately $205,000. Cubist Systematic Strategies LLC acquired a new position in Acadia Healthcare during the first quarter worth approximately $255,000. Bbva Compass Bancshares Inc. acquired a new position in Acadia Healthcare during the second quarter worth approximately $259,000. Finally, Strs Ohio acquired a new position in Acadia Healthcare during the third quarter worth approximately $308,000.

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.

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Analyst Recommendations for Acadia Healthcare (NASDAQ:ACHC)

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