The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Acadia Healthcare Company Inc (NASDAQ: ACHC) closed the day trading at $67.78 up 2.51% from the previous closing price of $66.12. In other words, the price has increased by $2.51 from its previous closing price. On the day, 1.56 million shares were traded. ACHC stock price reached its highest trading level at $68.52 during the session, while it also had its lowest trading level at $66.36.
Ratios:
For a better understanding of ACHC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.66.
On March 06, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $100.
On April 21, 2023, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $83.Cantor Fitzgerald initiated its Neutral rating on April 21, 2023, with a $83 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Miquelon Wade D sold 2,203 shares for $85.39 per share. The transaction valued at 188,114 led to the insider holds 46,074 shares of the business.
Gregg Vicky B sold 2,500 shares of ACHC for $213,900 on Mar 04 ’24. The Director now owns 26,851 shares after completing the transaction at $85.56 per share. On Dec 13 ’23, another insider, OSTEEN DEBRA K, who serves as the Director of the company, sold 35,000 shares for $77.67 each. As a result, the insider received 2,718,450 and left with 675,833 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACHC now has a Market Capitalization of 6288262144 and an Enterprise Value of 8332013568. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 2.17. Its current Enterprise Value per Revenue stands at 2.784 whereas that against EBITDA is 12.614.
Stock Price History:
Over the past 52 weeks, ACHC has reached a high of $87.77, while it has fallen to a 52-week low of $64.74. The 50-Day Moving Average of the stock is -11.83%, while the 200-Day Moving Average is calculated to be -11.21%.
Shares Statistics:
Over the past 3-months, ACHC traded about 635.13K shares per day on average, while over the past 10 days, ACHC traded about 930040 shares per day. A total of 91.26M shares are outstanding, with a floating share count of 90.08M. Insiders hold about 2.91% of the company’s shares, while institutions hold 100.89% stake in the company. Shares short for ACHC as of 1713139200 were 3520696 with a Short Ratio of 5.54, compared to 1710460800 on 3345142. Therefore, it implies a Short% of Shares Outstanding of 3520696 and a Short% of Float of 3.8900003.
