Community Health Systems (NYSE:CYH) Issues Earnings Results

Community Health Systems (NYSE:CYH) announced its earnings results on Wednesday. The company reported $0.80 EPS for the quarter, topping the consensus estimate of ($0.20) by $1.00, reports. The firm had revenue of $3.11 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Community Health Systems had a negative return on equity of 6.90% and a net margin of 2.60%.The firm’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.42) earnings per share. Community Health Systems updated its FY 2026 guidance to -0.600-0.000 EPS.

Community Health Systems Trading Up 2.8%

Shares of CYH stock traded up $0.10 during midday trading on Thursday, reaching $3.44. 2,459,580 shares of the stock were exchanged, compared to its average volume of 1,709,458. The company’s 50 day moving average is $3.24 and its two-hundred day moving average is $3.18. The firm has a market cap of $475.82 million, a PE ratio of 1.42 and a beta of 2.10. Community Health Systems has a 1 year low of $2.24 and a 1 year high of $4.47.

Institutional Investors Weigh In On Community Health Systems

A number of hedge funds have recently modified their holdings of the business. Oxford Asset Management LLP bought a new stake in shares of Community Health Systems during the fourth quarter valued at approximately $45,000. Millennium Management LLC purchased a new stake in Community Health Systems in the 4th quarter worth $263,000. Engineers Gate Manager LP bought a new position in shares of Community Health Systems during the 4th quarter valued at about $204,000. Balyasny Asset Management L.P. bought a new stake in shares of Community Health Systems in the fourth quarter worth about $692,000. Finally, Aristeia Capital L.L.C. bought a new position in Community Health Systems during the fourth quarter valued at approximately $319,000. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Community Health Systems from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Truist Financial set a $4.50 target price on shares of Community Health Systems in a report on Monday, January 5th. UBS Group increased their price target on Community Health Systems from $3.20 to $3.60 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Weiss Ratings restated a “hold (c)” rating on shares of Community Health Systems in a research report on Monday, December 29th. Finally, Wells Fargo & Company cut their target price on Community Health Systems from $3.00 to $2.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 7th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $3.60.

About Community Health Systems

Community Health Systems, Inc (NYSE: CYH) is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company’s core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.