Cantor Fitzgerald Initiates Coverage of Acadia Healthcare Company
January 4, 2024
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Cantor Fitzgerald, a global financial services firm, has initiated a coverage rating for Acadia Healthcare ($NASDAQ:ACHC) Company Inc (ACHC). This news was reported by Knox Daily, noting that Acadia Healthcare is a leading provider of behavioral health services in the United States. The company is dedicated to providing the highest quality of care, as well as evidence-based treatment programs that are tailored to meet the individual needs of its patients. The company also offers comprehensive mental health services, including psychiatric and psychological care, as well as residential and outpatient treatment options.
Cantor Fitzgerald’s coverage rating for Acadia Healthcare is an important indicator of the company’s performance and potential, as it demonstrates confidence among industry experts in the company’s future prospects. Investors are encouraged to watch this stock closely as it could potentially show positive returns in the near future.
Share Price
Cantor Fitzgerald, a leading financial services firm, initiated coverage of Acadia Healthcare Company Inc (ACADIA HEALTHCARE) on Tuesday. The stock opened at $77.0 and closed at $78.3, representing an increase of 0.6% from the previous closing price of $77.8. This positive development suggests a bright outlook for ACADIA HEALTHCARE in the near future.
Analysts predict that the company is poised to benefit from increasing demand for its services in healthcare, and that the stock is likely to rise further in the coming weeks. Investors are currently closely monitoring ACADIA HEALTHCARE and are eager to see how the company performs over the course of the next few quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Acadia Healthcare. More…
| Total Revenues | Net Income | Net Margin |
| 2.86k | -18.27 | 10.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Acadia Healthcare. More…
| Operations | Investing | Financing |
| 459.58 | -379.07 | -74.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Acadia Healthcare. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.35k | 2.54k | 29.74 |
Key Ratios Snapshot
Some of the financial key ratios for Acadia Healthcare are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.1% | 8.2% | 2.2% |
| FCF Margin | ROE | ROA |
| 3.0% | 1.4% | 0.7% |
Analysis
GoodWhale has conducted an in-depth analysis of ACADIA HEALTHCARE’s fundamentals. Our proprietary Star Chart indicates that ACADIA HEALTHCARE is strong in terms of profitability, medium in asset and weak in dividend and growth. We classify ACADIA HEALTHCARE as a ‘rhino’ — a type of company that has achieved moderate revenue or earnings growth. Such companies may be of interest to investors who are looking for steady growth without the risk associated with high-growth stocks. Additionally, ACADIA HEALTHCARE has a high health score of 7/10, indicating its ability to sustain future operations even during times of crisis. This makes it an attractive option for investors looking to make a medium-term investment. More…
Peers
The Company offers inpatient and outpatient behavioral healthcare services to children, adolescents, adults, and seniors through its facilities in the United States, United Kingdom, and Puerto Rico. Its competitors include Cross Country Healthcare, Inc., Surgery Partners, Inc., and AMN Healthcare Services, Inc.
– Cross Country Healthcare Inc ($NASDAQ:CCRN)
Cross Country Healthcare, Inc. is a national provider of healthcare staffing and workforce solutions. They provide innovative staffing solutions to the healthcare industry through their network of over 75 locations across the United States. Cross Country Healthcare is committed to improving the lives of those they touch by providing high-quality, compassionate healthcare staffing and workforce solutions.
– Surgery Partners Inc ($NASDAQ:SGRY)
Surgery Partners Inc is a healthcare services company that owns and operates surgical facilities and ancillary services in the United States. The company was founded in 2004 and is headquartered in Nashville, Tennessee. As of 2022, Surgery Partners had a market capitalization of $2.36 billion and a return on equity of 26.22%. The company’s surgical facilities provide a broad range of surgical procedures, including general surgery, ophthalmology, orthopedics, and pain management. In addition to surgical facilities, the company also owns and operates a number of ancillary businesses, such as a durable medical equipment company, a pharmacy, and a medical billing company.
– AMN Healthcare Services Inc ($NYSE:AMN)
The company’s market cap and ROE are impressive, and it is clear that the company is doing well. The company provides healthcare services and is clearly meeting the needs of its customers. The company’s future looks bright, and it is well-positioned to continue its success.
Summary
The firm believes that the company’s strong financial performance, balanced portfolio of services, and successful track record of acquisitions and divestitures are key catalysts to driving the share price higher. In addition, the markets in which ACHC operates are expected to benefit from strong demographic trends that should drive organic growth. Cantor Fitzgerald also believes that ACHC is well-positioned to capitalize on the industry trend towards value-based care and has a deep network of provider relationships. Overall, the firm sees ACHC as an attractive growth stock and believes that a focus on disciplined capital allocation should produce strong returns for shareholders over the long-term.
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