Financial Analysis: DocGo (NASDAQ:DCGO) versus Acadia Healthcare (NASDAQ:ACHC)

Acadia Healthcare (NASDAQ:ACHC) and DocGo (NASDAQ:DCGO) are both healthcare companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, institutional ownership, analyst recommendations, risk, earnings and dividends.

Risk & Volatility

Acadia Healthcare has a beta of 0.62, suggesting that its stock price is 38% less volatile than the S&P 500. Comparatively, DocGo has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.

Institutional and Insider Ownership

56.4% of DocGo shares are held by institutional investors. 1.2% of Acadia Healthcare shares are held by company insiders. Comparatively, 5.1% of DocGo shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Acadia Healthcare and DocGo’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Acadia Healthcare	-33.44%	6.19%	2.42%
DocGo	-65.29%	-40.42%	-24.81%

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Acadia Healthcare and DocGo, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Acadia Healthcare	2	5	7	1	2.47
DocGo	1	2	3	0	2.33

Acadia Healthcare currently has a consensus price target of $30.69, indicating a potential upside of 9.26%. DocGo has a consensus price target of $2.38, indicating a potential upside of 589.40%. Given DocGo’s higher probable upside, analysts clearly believe DocGo is more favorable than Acadia Healthcare.

Valuation & Earnings

This table compares Acadia Healthcare and DocGo”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Acadia Healthcare	$3.31 billion	0.79	-$1.10 billion	($12.45)	-2.26
DocGo	$322.20 million	0.11	-$182.40 million	($1.96)	-0.18

DocGo has lower revenue, but higher earnings than Acadia Healthcare. Acadia Healthcare is trading at a lower price-to-earnings ratio than DocGo, indicating that it is currently the more affordable of the two stocks.

Summary

Acadia Healthcare beats DocGo on 8 of the 15 factors compared between the two stocks.

About Acadia Healthcare

Acadia Healthcare Company, Inc. provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities. Acadia Healthcare Company, Inc. was founded in 2005 and is headquartered in Franklin, Tennessee.

About DocGo

DocGo Inc. provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services. It also offers mobile health services through its platform that are performed at home, offices, and other locations; event services, which include on-site healthcare support at sporting events and concerts; and total care management solutions comprising healthcare services and ancillary services, such as shelter. DocGo Inc. was founded in 2015 and is headquartered in New York, New York.