AAC

AAC Holdings Inc

Healthcare


Presented:10/27/2015
Price:$23.76
Cap:$0.52B
Current Price:$10.79
Cap:$0.76B

Presented

Date10/27/2015
Price$23.76
Market Cap$0.52B
Ent Value$0.60B
P/E Ratio38.32x
Book Value$5.03
Div Yield0%
Shares O/S22.03M
Ave Daily Vol633,213
Short Int83.93%

Current

Price$10.79
Market Cap$0.76B
AAC Holdings, Inc. engages in the provision of rehabilitation operation. It offers inpatient substance abuse treatment services among individual with drugs and alcohol addiction. It provides detoxification, residential treatment, partial hospitalization and intensive outpatient care. The company was founded on February 12, 2014 and is headquartered in Brentwood, TN.

This idea was presented at the Excellence in Investing Conference, San Francisco on 10/27/2015.
Publicly traded companies mentioned herein: AAC Holdings Inc (AAC)

Highlights

The presenter said he focuses on investments where he can “shine a spotlight on strategic planning and execution, and understand a company’s operations.” In the case of AAC Holdings (AAC), a provider of inpatient drug and alcohol addiction treatment services, he saw an opportunity to short the shares of a company with numerous operational red flags. He has been short the stock for the past six plus months, and noted that liquidity and high short interest may make it difficult to establish a new position. However, given numerous “shocking and concerning” issues surrounding the frequency of point of care (POC) and confirmatory drug screening, lawsuits, and out of network (OON) pricing, he sees meaningful downside risk for the stock from the $23 level.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.