Is Acadia Healthcare Company Inc’s (NASDAQ: ACHC) Stock Due For A Strong Run?

In the last trading session, 2.26 million Acadia Healthcare Company Inc (NASDAQ:ACHC) shares changed hands as the company’s beta touched 1.28. With the company’s per share price at $53.16 changed hands at $1.13 or 2.17% during last session, the market valuation stood at $4.94B. ACHC’s last price was a discount, traded about -65.11% off its 52-week high of $87.77. The share price had its 52-week low at $51.07, which suggests the last value was 3.93% up since then. When we look at Acadia Healthcare Company Inc’s average trading volume, we note the 10-day average is 1.88 million shares, with the 3-month average coming to 1.37 million.

Analysts gave the Acadia Healthcare Company Inc (ACHC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 1 out of 8 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 1 recommended ACHC as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Acadia Healthcare Company Inc’s EPS for the current quarter is expected to be 0.9.

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Acadia Healthcare Company Inc (NASDAQ:ACHC) trade information

Instantly ACHC was in green as seen at the end of in last trading. With action -6.62%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.64%, with the 5-day performance at -6.62% in the red. However, in the 30-day time frame, Acadia Healthcare Company Inc (NASDAQ:ACHC) is -30.42% down. Looking at the short shares, we see there were 4.22 million shares sold at short interest cover period of 3.05 days.

The consensus price target for the stock as assigned by Wall Street analysts is 82, meaning bulls need an upside of 35.17% from its current market value. According to analyst projections, ACHC’s forecast low is 70 with 100 as the target high. To hit the forecast high, the stock’s price needs a -88.11% plunge from its current level, while the stock would need to soar -31.68% for it to hit the projected low.

Acadia Healthcare Company Inc (ACHC) estimates and forecasts

Data shows that the Acadia Healthcare Company Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -24.34% over the past 6 months, a 2.03% in annual growth rate that is considerably lower than the industry average of 31.80%. Year-over-year growth is forecast to reach 9.40% up from the last financial year.

Consensus estimates given by 12 financial analysts project the company’s revenue in the current quarter to hit an average of 819.43M. 12 analysts are of the opinion that Acadia Healthcare Company Inc’s revenue for the current quarter will be 820.98M. The company’s revenue for the corresponding quarters a year ago was 750.33M and 742.8M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.20%. The estimates for the next quarter sales put growth at 10.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 34.75%. The 2024 estimates are for Acadia Healthcare Company Inc earnings to increase by 2.17%, but the outlook for the next 5-year period is at 7.82% per year.

ACHC Dividends

Acadia Healthcare Company Inc is expected to release its next quarterly earnings report in November.

Acadia Healthcare Company Inc (NASDAQ:ACHC)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.97% of Acadia Healthcare Company Inc shares while 105.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 108.85%. There are 105.62% institutions holding the Acadia Healthcare Company Inc stock share, with WELLINGTON MANAGEMENT GROUP LLP the top institutional holder. As of 2024-06-30, the company held 11.3414% of the shares, roughly 10.39 million ACHC shares worth $701.87 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.7108% or 8.9 million shares worth $600.96 million as of 2024-06-30.