|Bid||0.00 x 1800|
|Ask||0.00 x 4000|
|Day's Range||2.2700 - 2.4314|
|52 Week Range||1.7000 - 12.9600|
|Beta (3Y Monthly)||0.08|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.00|
Brentwood-based AAC Holdings Inc., the holding company for American Addiction Centers, is laying off 200 people across the organization, the company announced Friday. The move is part of a $15 million cost-reduction program to be implemented following a board of directors and management performance review, according to the release. It was not immediately clear how many jobs inside the Brentwood headquarters would be impacted by the layoffs. AAC (NYSE: AAC) — Nashville’s 11th-largest publicly traded health care company, with $317.6 million of revenue in 2017, according to Nashville Business Journal research — has seen its stock price drop from almost $13 per share in March to less than $2 per share last month.
NASHVILLE, Tenn., Dec. 7, 2018 /PRNewswire/ -- AAC Holdings, Inc. (the "Company" or "AAC") announced that AAC's management team and Board of Directors have conducted a review of the Company and its performance and remain optimistic about the underlying market conditions, AAC's position as the largest independent provider of drug and alcohol addiction treatment services in the U.S., and the opportunity to create sustainable value for AAC's shareholders. Notwithstanding the issues that contributed to lower than expected revenue growth since July 2018, the Company currently expects to be able to grow its top line revenue in 2019 at or better than the industry growth rate long-term, driving corresponding improvements in profitability and cash flow generation. The Company is poised to reap the near-term benefits of strategic initiatives implemented during 2018.
NEW YORK, Dec. 04, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
AAC Holdings, Inc. (AAC) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
BRENTWOOD, Tenn., Nov. 16, 2018 /PRNewswire/ -- As the holidays approach, American Addiction Centers (AAC) releases 10 tips to help those in recovery stay sober during the season. One recent study prepared by AAC found that for those recovering from addiction, feelings of stress, anxiety and depression -- all potential triggers for relapse -- are more common during the holidays. "It doesn't matter if you're newly sober or years into recovery, the holidays can be a challenging time for many people with the disease of addiction," said Dr. Lawrence Weinstein, AAC Chief Medical Officer.
Moody's Investors Service, ("Moody's") downgraded the ratings of AAC Holdings, Inc. ("AAC"), parent company of American Addiction Centers, Inc. Downgrades include the Corporate Family Rating to Caa2 from B3, the Probability of Default Rating to Caa2-PD from B3-PD and the senior secured rating to Caa2 from B3. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
BRENTWOOD, Tenn., Nov. 8, 2018 /PRNewswire/ -- In honor of Veterans Day, American Addiction Centers (AAC) is providing 30 days of free inpatient care to 10 members of the armed forces who are struggling with alcohol and/or substance use issues. Beginning Sunday, November 11, veterans who call the Veterans Hotline at (888) 902-VETS could be eligible for care. "For several years, we've been extending this opportunity to our nation's heroes," said Michael Cartwright, CEO of American Addiction Centers.
Michael Cartwright became the CEO of AAC Holdings Inc (NYSE:AAC) in 2013. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar Read More...
AAC Holdings (AAC) delivered earnings and revenue surprises of -138.10% and -8.76%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
In this article I am going to calculate the intrinsic value of AAC Holdings Inc (NYSE:AAC) by taking the expected future cash flows and discounting them to today’s value. This Read More...
BRENTWOOD, Tenn. (AP) _ AAC Holdings Inc. (AAC) on Tuesday reported a third-quarter loss of $11.5 million, after reporting a profit in the same period a year earlier. The operator of the American Addiction Center substance abuse facilities posted revenue of $77.5 million in the period. AAC Holdings expects full-year results to range from a loss of 15 cents per share to a loss of 10 cents per share, with revenue in the range of $315 million to $320 million.
Revises Guidance for Full Year 2018 BRENTWOOD, Tenn. , Nov. 6, 2018 /PRNewswire/ -- AAC Holdings, Inc. (NYSE: AAC) today announced financial results for the third quarter ended September 30, 2018 and updates ...
ALISO VIEJO, Calif., Nov. 1, 2018 /PRNewswire/ -- American Addiction Centers (AAC), a leading national provider of drug and alcohol addiction treatment services, has appointed Robert Hails to oversee its California operations, which includes Laguna Treatment Hospital and San Diego Addiction Treatment Center. To learn more about AAC's California facilities, visit https://lagunatreatment.com/. Hails brings more than 25 years of experience in addiction services and behavioral healthcare to his new role as the chief executive officer of the California facilities.
BRENTWOOD, Tenn. , Oct. 30, 2018 /PRNewswire/ -- AAC Holdings, Inc. (NYSE: AAC) today announced details for the release of its results for the third quarter of 2018. The Company plans to issue its earnings ...
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
BRENTWOOD, Tenn., Oct. 3, 2018 /PRNewswire/ -- AAC Holdings, Inc. (AAC), a national leader in addiction treatment and rehabilitation, applauds House and Senate leaders for reaching an agreement on legislation that would address the national opioid crisis and the larger addiction epidemic in America. With overdose deaths involving prescription opioids rising to five times higher in 2016 than in 1999, it has never been more pertinent to increase prevention, support research around disease of addiction and provide education of drug awareness at an early age.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Anyone researching AAC Holdings Inc (NYSE:AAC) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and thereRead More...
BRENTWOOD, Tenn., Sept. 5, 2018 /PRNewswire/ -- AAC Holdings, Inc. (AAC) has announced the hiring of Stephen Ebbett as its Chief Digital & Marketing Officer, reporting to Chairman & Chief Executive Officer, Michael Cartwright. Ebbett will lead American Addiction Centers' outreach to those seeking recovery from alcoholism, addiction and co-occurring mental health disorders. As part of his duties, Ebbett will oversee operation of AAC's Recovery Brands websites that provide news, information and discussion forums for the recovery community.
BRENTWOOD, Tenn., Sept. 5, 2018 /PRNewswire/ -- In celebration of National Recovery Month, American Addiction Centers (AAC) announced today the launch of a nationwide campaign, 5 Misconceptions About Recovery: What We've Learned from Addiction Experts and Those in Recovery, to educate the public on the complexity of sobriety. "While the nation's current opioid epidemic has ignited much conversation around the topic of addiction, it seems recovery and the process of finding long-term recovery is still largely misunderstood," says Dr. Lawrence Weinstein, chief medical officer at AAC. Nearly 20 million people in the U.S. struggle with the disease of addiction, but as little as 10 percent receive the treatment they need.