Acadia Healthcare Company, Inc. (NASDAQ:ACHC).
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) reached a new 52 week low point of $47.51 in trading on Tuesday. The stock traded up by $0.10 when the last trade came in at $48.13. Volume was 734,545 shares and the stock hit $48.26 at its intraday high.
Company shares closed at $48.13 slightly below $51.33, the stock’s 50 day moving average and barely below the 200 day moving average of $55.33. The 50 day moving average was down $-3.20 and the 200 day average moved down $-7.20.
The company currently has a P/E ratio of 25.71 and the market value is 4.21B. In the last earnings report the EPS was $1.87 and is projected to be $2.64 for the current year with 87,416,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.70 and the next full year EPS is projected to be $3.17.
Investors are a little more bullish on shares of Acadia Healthcare Company, Inc. of late as inferred by the motion in short interest. The stock recorded a fall in short interest of -0.01% between August 31, 2016 and September 15, 2016. Short interest fell 56,765 over that timeframe. The short-interest ratio decreased to 12.0 and the percentage of shorted shares was 0.12% on September 15.
Several brokerage firms have issued ratings. On February 17 Avondale Partners kept the stock rating at “Market Outperform” and lowered the price expectation from $90.00 to $71.00. KeyBanc initiated coverage giving it an initial rating of “Overweight” and setting a price target of $85.00.
Equity analyst JP Morgan starting coverage on ACHC with an initial rating of “Neutral”. On September 1, 2015 Leerink Swann initiated coverage on ACHC with a rating of “Outperform” and projecting a price target of $90.00.
On June 19 analysts at Mizuho Securities issued its first research report on the stock by announcing an initial rating of “Buy” and a price target of $84.00. On May 21 Susquehanna made no change to the stock rating of “Positive” but moved up the price target to $83.00 from $75.00.