Acadia Healthcare Company, Inc. ACHC was a big mover last session, as the company saw its shares rise over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $47.77 -$51.29 in the past one-month time frame, witnessed a sharp increase yesterday/on Friday.
The move came after the company reported solid second-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few months, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Acadia Healthcare currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
Acadia Healthcare Company, Inc. Price and Consensus
Acadia Healthcare Company, Inc. Price and Consensus | Acadia Healthcare Company, Inc. Quote
Another stock worth considering in the Hospitals industry is VCA Inc.WOOF which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Is ACHC going up? Or down? Predict to see what others think: Up or Down
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Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportVCA Inc. (WOOF): Free Stock Analysis ReportAcadia Healthcare Company, Inc. (ACHC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research