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

36.99

Mkt cap

3.5B

Volume

292K

High

37.23

P/E Ratio

12.21

52-wk high

87.77

Low

36.60

Div yield

N/A

52-wk low

36.50

Barclays analyst Andrew Mok maintains an Overweight rating on Acadia Healthcare Co (ACHC) but lowers the price target from $100 to $91.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:14 pm

Acadia Healthcare has provided its financial outlook for FY24, projecting adjusted EPS in the range of $3.40 to $3.70, compared to the estimated $3.54. The company also forecasts revenue to be between $3.18 billion and $3.25 billion, aligning closely with the estimated $3.22 billion.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:45 pm

Acadia Healthcare Co (NASDAQ:ACHC) reported Q1 2024 adjusted EPS of $0.84, surpassing the $0.81 estimate, marking a 12% increase from the previous year. However, their sales of $768.051M fell short of the $779.166M estimate, despite being a 9.06% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:26 pm

Deutsche Bank analyst Pito Chickering upgraded Acadia Healthcare Co (ACHC) from Sell to Hold while maintaining a $70 price target.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 10:29 am

Uber Technologies, Inc. (UBER) and Acadia Healthcare Company, Inc. (ACHC) have partnered to enhance access to behavioral health care and addiction treatment. The collaboration focuses on Acadia's Comprehensive Treatment Centers network, providing transportation for patients to receive treatment. The program will be rolled out to 19 facilities across several states. The partnership aims to remove transportation as a barrier to accessing critical healthcare services, potentially improving patient outcomes. Investors can also gain exposure through IShares Trust IShares U.S. Transportation ETF (IYT) and Direxion Daily Transportation Bull 3X Shares (TPOR).

Portfolio Pulse from Lekha Gupta

April 03, 2024 | 2:54 pm

Acadia Healthcare has expanded its network by acquiring three comprehensive treatment centers in North Carolina. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 2:04 pm

The correct ticker symbol for Acadia Healthcare is ACHC, not ARCH as may have been previously indicated.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 2:03 pm

Mizuho analyst Ann Hynes maintains a Neutral rating on Acadia Healthcare Co (ACHC) and raises the price target from $77 to $84.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 1:04 pm

Barclays analyst Andrew Mok initiates coverage on Acadia Healthcare Co (ACHC) with an Overweight rating and a price target of $100.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 11:12 am

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

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 5:24 pm

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