Streetbeat News

ACHC

Acadia Healthcare Company, Inc.

https://www.acadiahealthcare.com

Industry

Medical - Care Facilities

Acadia Healthcare Company, Inc. provides behavioral healthcare services in the United States and Puerto Rico. The company offers behavioral healthcare services to its patients in various settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers, and outpatient clinics. As of March 31, 2022, it operated a network of 238 behavioral healthcare facilities with approximately 10,600 beds. The company was founded in 2005 and is headquartered in Franklin, Tennessee.

Open

42.18

Mkt cap

3.9B

Volume

1.1M

High

43.03

P/E Ratio

13.80

52-wk high

87.77

Low

41.67

Div yield

N/A

52-wk low

41.42

A senator has called on the Department of Justice to investigate youth treatment centers following a probe that revealed widespread abuse. This could impact companies operating such centers, including Acadia Healthcare (ACHC), which may face increased scrutiny and potential legal challenges.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 2:19 pm

Cantor Fitzgerald analyst Sarah James has reiterated a Neutral rating for Acadia Healthcare Co (NASDAQ:ACHC) and maintained a price target of $90.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:43 pm

Cantor Fitzgerald analyst Sarah James has reiterated a Neutral rating on Acadia Healthcare Co (NASDAQ:ACHC) and maintained a price target of $90.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 2:49 pm

Barclays analyst Andrew Mok maintains an Overweight rating on Acadia Healthcare Co (NASDAQ:ACHC) but lowers the price target from $83 to $76.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:01 pm

U.S. stocks showed mixed performance with the Nasdaq Composite falling over 100 points. Energy shares rose by 1.3%, while information technology shares fell by 1%. Onconetix shares surged 56% following a significant stake report by Altos Venture. IonQ shares increased 16% after securing a $54.5 million contract with the U.S. Air Force Research Lab. Rocket Lab USA shares rose 12% after a price target increase by Keybanc. Seelos Therapeutics and enVVeno Medical Corporation shares fell significantly due to company-specific announcements.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 6:41 pm

Several health care stocks experienced significant price movements during Friday's intraday session. Onconetix, Cue Biopharma, Plus Therapeutics, Estrella Immunopharma, Indaptus Therapeutics, and Mainz Biomed saw notable gains, while Theriva Biologics, enVVeno Medical, Inspire Veterinary, Palatin Techs, Acadia Healthcare, and Impact BioMedical experienced declines.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 4:31 pm

U.S. stocks showed mixed performance with the Dow Jones rising, while the NASDAQ and S&P 500 fell. The PCE Price Index increased less than expected, impacting inflation expectations. IonQ, Onconetix, and Biomea Fusion saw significant stock gains due to positive company news, while Seelos Therapeutics, enVVeno Medical, and Acadia Healthcare experienced declines due to various challenges.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 4:15 pm

Acadia Healthcare (NASDAQ:ACHC) is under federal investigation for allegedly violating the False Claims Act by billing for unnecessary services. The company settled for $16.6 million but faces ongoing scrutiny. Acadia plans to invest $100 million in technology to improve safety and care. ACHC stock fell 26.60% following the news.

Portfolio Pulse from Vandana Singh

September 27, 2024 | 2:10 pm

The Dow Jones index rose over 100 points, with Costco reporting better-than-expected earnings but missing sales estimates. CN Energy, Onconetix, and Fangdd Network saw significant stock price increases, while Seelos Therapeutics, enVVeno Medical, and Acadia Healthcare experienced declines.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 1:41 pm

Acadia Healthcare's shares are declining following the company's announcement of full cooperation with authorities in a government investigation.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:20 pm

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