ACHC appears to offer a potentially attractive value

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ACHC appears to offer a potentially attractive valueAcadia Healthcare Company, Inc.BATS:ACHCstocktwistsAt its current price (~$24-$26), ACHC appears to offer a potentially attractive value—on a relative basis with peers, and especially if one discounts some of the negative sentiment already baked into its legal and regulatory challenges. That said, it's not a sure thing. The weak free cash flows, regulatory overhang, and debt obligations mean there is a possibility this could be a “value trap” rather than a value opportunity if the downside risks worsen.