Recent exceptional negative changes in investment behavior have affected Acadia Healthcare Co Inc (NASDAQ: ACHC): negative upside/downside volume developed, and the stock fell on very heavy volume.
Acadia Healthcare Co Inc (NASDAQ: ACHC) suffers from important negative changes in fundamentals: the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ACHC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Acadia Healthcare has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Acadia Healthcare has a neutral Power Rating of 49 but a poor Appreciation Score of 23, leading to the Negative Value Trend Rating.
Recent Price Action
Acadia Healthcare Co Inc (NASDAQ: ACHC) stock suffered a large decline of -8.6% on 5/2/24. The stock closed at $66.73. Moreover, this decline was accompanied by exceptionally high trading volume at 408% of normal. The stock has performed in line with the market over the last nine months and has declined -6.3% during the last week.
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