Acadia Healthcare is a holding company. Through its subsidiaries, Co. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities and facilities providing outpatient behavioral healthcare services. Co.'s facilities in the U.S. and services can generally be classified into the following categories, including: acute inpatient psychiatric facilities, which provide a level of care in order to stabilize patients that are either a threat to themselves or to others; and other treatment facilities, which include residential recovery facilities, eating disorder facilities and comprehensive treatment centers. We show 44 historical shares outstanding datapoints in our ACHC shares outstanding history coverage, used to compute ACHC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACHC market cap history over the course of time is important for investors
interested in comparing ACHC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ACHC versus a peer is one thing; comparing
ACHC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ACHC can fluctuate over the course of history.
With this page we aim to empower investors researching ACHC by allowing them to research the ACHC market cap history. |
Video: The Importance of Market Cap
