Fintel reports that on January 7, 2025, Keybanc upgraded their outlook for Acadia Healthcare (NasdaqGS:ACHC) from Sector Weight to Overweight.
Analyst Price Forecast Suggests 37.02% Upside
As of December 23, 2024, the average one-year price target for Acadia Healthcare is $61.88/share. The forecasts range from a low of $43.43 to a high of $81.90. The average price target represents an increase of 37.02% from its latest reported closing price of $45.16 / share.
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The projected annual revenue for Acadia Healthcare is 3,251MM, an increase of 4.11%. The projected annual non-GAAP EPS is 4.00.
What is the Fund Sentiment?
There are 759 funds or institutions reporting positions in Acadia Healthcare. This is an decrease of 18 owner(s) or 2.32% in the last quarter. Average portfolio weight of all funds dedicated to ACHC is 0.24%, an increase of 10.33%. Total shares owned by institutions increased in the last three months by 3.77% to 118,975K shares.
The put/call ratio of ACHC is 0.12, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 11,658K shares representing 12.55% ownership of the company. In its prior filing, the firm reported owning 10,392K shares , representing an increase of 10.86%. The firm decreased its portfolio allocation in ACHC by 85.51% over the last quarter.
T. Rowe Price Investment Management holds 6,122K shares representing 6.59% ownership of the company. In its prior filing, the firm reported owning 7,999K shares , representing a decrease of 30.66%. The firm decreased its portfolio allocation in ACHC by 31.34% over the last quarter.
VGHCX - Vanguard Health Care Fund Investor Shares holds 5,125K shares representing 5.52% ownership of the company. In its prior filing, the firm reported owning 4,736K shares , representing an increase of 7.58%. The firm decreased its portfolio allocation in ACHC by 23.90% over the last quarter.
Viking Global Investors holds 3,701K shares representing 3.98% ownership of the company. In its prior filing, the firm reported owning 3,237K shares , representing an increase of 12.55%. The firm increased its portfolio allocation in ACHC by 1.82% over the last quarter.
William Blair Investment Management holds 3,630K shares representing 3.91% ownership of the company. In its prior filing, the firm reported owning 3,515K shares , representing an increase of 3.15%. The firm decreased its portfolio allocation in ACHC by 8.84% over the last quarter.
Acadia Healthcare Background Information
(This description is provided by the company.)
Acadia is a leading provider of behavioral healthcare services across the United States. Acadia operates a network of 227 behavioral healthcare facilities with approximately 9,900 beds in 40 states and Puerto Rico. With more than 20,000 employees serving approximately 70,000 patients daily, Acadia is the largest stand-alone behavioral health company in the U.S. Acadia provides behavioral healthcare services to its patients in a variety of settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers and outpatient clinics.
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