Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Acadia Healthcare Company, Inc. (ACHC) is a provider of behavioral healthcare services. The Zacks Consensus Estimate for its current year earnings has been revised 4.9% downward over the last 60 days.Allison Transmission Holdings, Inc. (ALSN) designs and manufactures fully automatic transmissions used in commercial vehicles and heavy-duty tactical vehicles for the U.S. defense sector. The Zacks Consensus Estimate for its current year ...

公司业务与市场地位 - 公司是行为医疗服务领域的领先供应商，运营着一个提供精神病学和成瘾治疗等一系列服务的设施网络 [1] - 公司市值约为24.6亿美元，体现了其在市场中的规模 [4] 分析师评级与股价表现 - Raymond James于2025年10月3日将公司评级上调至“跑赢大盘”，显示出对该股潜力的信心，并将目标价从26美元上调至30美元 [2][5] - 公司股价当日上涨8.43%，即2.07美元，交易区间在24.57美元至26.72美元之间 [4][5] - 过去一年中，公司股价波动显著，最高达60.52美元，最低至17.13美元 [4] - 公司在纳斯达克交易所的当日成交量为3,511,931股，显示出活跃的投资者参与度 [4] 主要股东行动与公司治理 - 主要股东Khrom Capital Management因认为公司治理失败和业绩不佳，呼吁进行包括潜在出售在内的战略评估 [3][5]

Khrom Capital Management, one of the largest shareholders of Acadia Healthcare , has called on the company's board to launch a formal strategic review, including a potential sale, citing years of poor... ...

PresentationBrian TanquilutJefferies LLC, Research Division All right. Good morning. This probably will be the most packed presentation of this conference. So we're pretty excited to have this. This is our second company for this 2025 Jefferies Healthcare Services Conference is Acadia Healthcare, one of the largest operators of behavioral health facilities in the U.S. And joining us this morning is Hunter, the company's CEO. Chris, thanks for doing this. Really appreciate you being here. I think you just po ...

涉及的行业或公司 * 公司为Acadia Healthcare Company (ACHC) 美国最大的行为健康设施运营商之一 [1] * 行业为行为健康（Behavioral Health）行业 [2] 核心观点和论据 **财务表现与战略调整** * 2025年是充满挑战的一年 业务量略低于预期 主要原因是急性业务线的医疗补助（Medicaid）患者数量疲软 [2] * 第三季度出现额外的疲软态势 [3] * 公司正采取多项行动 包括暂停项目 关闭设施 以设定公司走向可持续的收入和利润增长路径 [3] * 暂停多个项目将使2026年资本支出（CapEx）比2025年水平至少减少3亿美元 [4] * 2025年资本支出指导为6亿至6.5亿美元 [12] * 2024至2025年间增加了近1800张床位 预计2026年将额外增加500至700张床位 [4] * 最近宣布关闭五家设施 其中两家因持续表现不佳 三家因不符合战略（饮食失调设施） [23] * 公司还在监控另外五家设施 [26] * 公司拥有274家设施 [26] **市场需求与行业动态** * 行为健康服务的整体需求在结构上仍然非常强劲 特别是患者严重程度（acuity）在上升 [17] * 存在供需失衡 特别是在服务不足的地区 [17] * 私人 equity 也在追逐该领域 [19] * 在关键市场 公司通过技术和质量进行差异化竞争 [20] * 该行业历史上投资不足 [20] **支付方（Payer）环境与费率** * 医疗补助（Medicaid）业务量疲软主要来自管理式医疗补助（Managed Medicaid） 问题包括入院拒绝和减少住院时长 [10] * 公司投资于技术并展示临床结果质量 以在支付方谈判中占据有利位置 [9][38] * 费率增长已从历史高位缓和 公司今年早些时候的展望是低个位数增长 [41] * 某些服务不足的市场仍存在中个位数增长的机会 [41] * 需要关注2028年开始的州指导支付（state-directed payments）逐步减少的影响 [44] **运营效率与成本控制** * 劳动力市场已趋于稳定 工资率高点出现在2022年底 premium pay（额外工资）已下降 [35][36] * 公司通过员工调查和技术应用来吸引和留住人才 [35] * 预计2026年将实现全年正自由现金流 资本支出大幅减少将加速这一进程 [13] * 预计随着新床位增加 启动成本下降以及关闭表现不佳的设施 EBITDA增长和自由现金流生成将显著改善 [7] **质量与技术投资** * 公司认为其深度复杂的质量基础设施被投资者低估 其数据驱动平台能促进积极的临床结果和运营一致性 [47] * 公司追踪50多个关键绩效指标（KPIs） [47] * 投资包括电子病历（EMRs） 患者远程监控 质量平台和员工安全设备 [20] * 这些投资有助于向支付方展示质量改进 并可能转化为更好的报销 [38][39] **长期展望** * 公司对未来几年的增长有清晰的视线 但暂不提供长期指导 [33] * 预计2026年将加速业务量增长和强劲的EBITDA增长 并释放业务的自由现金流生成能力 [48] 其他重要内容 **宏观与政策因素** * 需要关注已通过但处于早期实施阶段的法案的影响 特别是医疗补助工作要求的豁免和州指导支付的减少 [44] * 公司相信其服务的患者因行为健康状况的严重性大多可豁免工作要求 [44] **资产处置考量** * 对于关闭的设施 公司会考虑其所在市场的优质房地产价值 若有释放价值的机会会加以利用 [28] **合作与伙伴关系** * 公司与大型医疗系统建立了合资企业（JV） 例如Geisinger Health和Ascension 今年各新增了第二家设施 [4]

Key Takeaways Activist play: Engine Capital urges board changes, leaner ops, and buybacks.Deep discount: ACHC trades at 8.87X forward P/E, far below peers.Risks remain: Regulatory probes and past missteps still weigh on the stock.Acadia Healthcare Company, Inc. (ACHC) shares surged 11.7% yesterday after activist investor Engine Capital revealed a 3% stake and laid out an aggressive playbook for change. From pushing for new board members and calling for asset sales to fund buybacks, to questioning the “growt ...

Activist investor Engine Capital is pressuring Acadia Healthcare (NASDAQ:ACHC) to overhaul its board and rethink its growth strategy as the behavioral health provider grapples with federal investigations and steep share losses. In a letter to the company's board, Engine disclosed a roughly 3% stake, making it one of Acadia's 10 largest shareholders. The hedge fund urged the operator of psychiatric hospitals and recovery clinics to halt expensive new projects, review its asset portfolio, and add directors ...

PresentationIbrahim Kanalici Hello, everyone. And thank you for joining today's fireside chat. We are really excited to take you behind the seeds of 2 highly complex SAP carve-outs that we recently delivered for one of our customers. My name is Ibrahim Kanalici, and I serve as solutions lead for M&A here at SNP in the Northern Europe and Middle East and Africa region. In my role, I have shaped how our portfolio supports customers and partners across industries, guiding them through the complexities of data ...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today issued the following statement: Our Board of Directors and management team are steadfast in our commitment to enhancing long-term shareholder value. We regularly communicate with our shareholders regarding our value creation plan and welcome constructive input as we move forward. At Acadia, our mission is to create a world-class organization that sets the standard of excellence in the treatment of behavioral. ...

Activist investor Engine Capital sent a letter to Acadia Healthcare's board on Wednesday asking the company to explore a potential asset sale and add new directors to its board. ...