Community Health Systems, Inc. (NYSE:CYH – Get Free Report) has earned an average recommendation of “Reduce” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $2.95.
CYH has been the subject of several recent analyst reports. UBS Group dropped their price objective on shares of Community Health Systems from $3.20 to $3.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Barclays lowered their target price on shares of Community Health Systems from $3.00 to $2.50 and set an “underweight” rating for the company in a report on Thursday, July 23rd. Wall Street Zen downgraded shares of Community Health Systems from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Truist Financial cut their target price on Community Health Systems from $3.75 to $3.25 and set a “hold” rating on the stock in a research note on Monday, July 27th. Finally, Royal Bank Of Canada dropped their price objective on Community Health Systems from $5.00 to $4.00 and set an “outperform” rating for the company in a report on Monday, July 27th.
Get Our Latest Stock Report on Community Health Systems
Insider Transactions at Community Health Systems
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of CYH. Apollo Management Holdings L.P. raised its position in Community Health Systems by 3.2% during the 2nd quarter. Apollo Management Holdings L.P. now owns 11,859,526 shares of the company’s stock valued at $39,611,000 after purchasing an additional 370,210 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Community Health Systems during the second quarter valued at $36,508,000. Eversept Partners LP raised its holdings in shares of Community Health Systems by 9.2% in the first quarter. Eversept Partners LP now owns 8,677,281 shares of the company’s stock valued at $25,511,000 after acquiring an additional 733,479 shares in the last quarter. Vanguard Group Inc. lifted its stake in Community Health Systems by 0.6% in the third quarter. Vanguard Group Inc. now owns 8,553,686 shares of the company’s stock worth $27,457,000 after acquiring an additional 50,576 shares during the period. Finally, Nomura Holdings Inc. grew its holdings in Community Health Systems by 4.3% during the 3rd quarter. Nomura Holdings Inc. now owns 7,585,919 shares of the company’s stock worth $24,351,000 after acquiring an additional 314,840 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.
Community Health Systems Price Performance
Shares of NYSE CYH opened at $2.95 on Friday. Community Health Systems has a 1-year low of $2.40 and a 1-year high of $4.43. The business’s 50 day moving average is $3.13 and its two-hundred day moving average is $3.08. The stock has a market capitalization of $415.98 million, a P/E ratio of 1.59 and a beta of 1.84.
Community Health Systems (NYSE:CYH – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.09). Community Health Systems had a net margin of 2.10% and a negative return on equity of 6.66%. The company had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same period in the prior year, the firm posted ($0.05) EPS. The business’s revenue for the quarter was down 9.8% compared to the same quarter last year. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. As a group, equities research analysts anticipate that Community Health Systems will post -0.86 earnings per share for the current fiscal year.
Community Health Systems Company Profile
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.
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