How Analysts Feel About AAC Holdings, Inc. (AAC) After Achieving 1 Year Low?

AAC Holdings, Inc. (NYSE:AAC) Logo

Investors sentiment decreased to 0.67 in 2019 Q1. Its down 0.09, from 0.76 in 2018Q4. It is negative, as 9 investors sold AAC Holdings, Inc. shares while 18 reduced holdings. 5 funds opened positions while 13 raised stakes. 11.37 million shares or 1.40% less from 11.53 million shares in 2018Q4 were reported.
Ny State Common Retirement Fund has invested 0% in AAC Holdings, Inc. (NYSE:AAC). Meeder Asset Mngmt holds 727 shares or 0% of its portfolio. Dimensional Fund Advsr L P reported 0% of its portfolio in AAC Holdings, Inc. (NYSE:AAC). Northern Corporation accumulated 0% or 171,090 shares. Deutsche Retail Bank Ag stated it has 18,715 shares. Cubist Systematic Strategies Lc reported 10,112 shares. Ameritas Invest Prtn Inc has invested 0% in AAC Holdings, Inc. (NYSE:AAC). Raymond James Fincl Service Advisors owns 125,729 shares. Morgan Stanley has invested 0% in AAC Holdings, Inc. (NYSE:AAC). Apollo Management Hldg Limited Partnership owns 0.01% invested in AAC Holdings, Inc. (NYSE:AAC) for 306,065 shares. Altrinsic Glob Advisors Ltd Limited Liability Company accumulated 1.17 million shares. 1,699 were reported by Legal & General Group Inc Pcl. Mondrian Prtnrs Limited invested in 631,226 shares. Bridgeway Cap holds 73,000 shares or 0% of its portfolio. 18,896 are held by Wells Fargo & Mn.

The stock of AAC Holdings, Inc. (NYSE:AAC) hit a new 52-week low and has $0.75 target or 5.00 % below today’s $0.79 share price. The 8 months bearish chart indicates high risk for the $20.02M company. The 1-year low was reported on Jun, 11 by Barchart.com. If the $0.75 price target is reached, the company will be worth $1.00M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 3.82% or $0.0314 during the last trading session, reaching $0.7911. About 438,858 shares traded or 47.69% up from the average. AAC Holdings, Inc. (NYSE:AAC) has declined 85.50% since June 11, 2018 and is downtrending. It has underperformed by 89.93% the S&P500.

Analysts await AAC Holdings, Inc. (NYSE:AAC) to report earnings on August, 7. They expect $-0.10 earnings per share, down 211.11 % or $0.19 from last year’s $0.09 per share. After $-0.79 actual earnings per share reported by AAC Holdings, Inc. for the previous quarter, Wall Street now forecasts -87.34 % EPS growth.

More notable recent AAC Holdings, Inc. (NYSE:AAC) news were published by: Prnewswire.com which released: “AAC Holdings, Inc. Receives NYSE Continued Listing Standard Notice – PRNewswire” on April 09, 2019, also Finance.Yahoo.com with their article: “INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against AAC Holdings, Inc. and Encourages Investors to Contact the Firm Before July 15 – Yahoo Finance” published on May 17, 2019, Globenewswire.com published: “LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50000 Investing In AAC Holdings, Inc. To Contact The Firm – GlobeNewswire” on May 21, 2019. More interesting news about AAC Holdings, Inc. (NYSE:AAC) were released by: Bizjournals.com and their article: “Brentwood company agrees to sell one of its two remaining California hospitals – Nashville Business Journal” published on June 10, 2019 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in AAC Holdings, Inc. of Class Action Lawsuit and Upcoming Deadline – AAC – GlobeNewswire” with publication date: May 24, 2019.

AAC Holdings, Inc. provides inpatient substance abuse treatment services for individuals with drug and alcohol addiction in the United States. The company has market cap of $20.02 million. The Company’s therapy services include motivational interviewing, cognitive behavioral therapy, rational emotive behavior therapy, dialectical behavioral therapy, solution-focused therapy, eye movement desensitization and reprocessing, and systematic family intervention services. It currently has negative earnings. As of December 31, 2016, the firm operated 12 residential substance abuse treatment facilities, 18 standalone outpatient centers, and 202 sober living beds.

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