Acadia Healthcare (ACHC) to Release Quarterly Earnings on Tuesday

Acadia Healthcare (NASDAQ:ACHC) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 1st. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Acadia Healthcare has set its Q1 guidance at $0.47-0.49 EPS and its FY18 guidance at $2.42-2.48 EPS.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings results on Wednesday, February 21st. The company reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.07. Acadia Healthcare had a net margin of 6.92% and a return on equity of 8.16%. The company had revenue of $724.50 million for the quarter, compared to analyst estimates of $713.20 million. During the same quarter last year, the firm posted $0.59 earnings per share. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, analysts expect Acadia Healthcare to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

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NASDAQ:ACHC opened at $37.76 on Tuesday. Acadia Healthcare has a 12 month low of $26.92 and a 12 month high of $54.34. The company has a market capitalization of $3,352.61, a PE ratio of 16.44, a PEG ratio of 1.24 and a beta of 0.63. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.25 and a current ratio of 1.25.



In other Acadia Healthcare news, VP Randall P. Goldberg sold 960 shares of Acadia Healthcare stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $38.47, for a total transaction of $36,931.20. Following the sale, the vice president now owns 6,942 shares in the company, valued at $267,058.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Reeve B. Waud sold 200,000 shares of Acadia Healthcare stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $39.02, for a total transaction of $7,804,000.00. Following the sale, the director now owns 10,088 shares in the company, valued at approximately $393,633.76. The disclosure for this sale can be found here. Insiders have sold 401,360 shares of company stock worth $15,759,096 in the last quarter. Corporate insiders own 2.50% of the company’s stock.

ACHC has been the topic of several research analyst reports. Credit Suisse Group restated a “neutral” rating and issued a $40.00 price objective (up previously from $35.00) on shares of Acadia Healthcare in a research note on Thursday, February 22nd. Wells Fargo initiated coverage on shares of Acadia Healthcare in a research note on Tuesday, January 30th. They issued an “outperform” rating and a $41.00 price objective on the stock. Royal Bank of Canada restated a “buy” rating and issued a $45.00 price objective on shares of Acadia Healthcare in a research note on Tuesday, February 27th. BidaskClub downgraded shares of Acadia Healthcare from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 17th. Finally, Cantor Fitzgerald upgraded shares of Acadia Healthcare from a “neutral” rating to an “overweight” rating in a research note on Sunday, February 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company. Acadia Healthcare currently has an average rating of “Buy” and an average price target of $44.50.

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Acadia Healthcare Company Profile

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.

Earnings History for Acadia Healthcare (NASDAQ:ACHC)

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