Community Health Systems, Inc. (NYSE:CYH) Receives $3.28 Average Price Target from Analysts

Community Health Systems, Inc. (NYSE:CYH) has been given a consensus rating of “Reduce” by the eight ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $3.2833.

CYH has been the subject of a number of research analyst reports. Barclays decreased their price target on Community Health Systems from $3.50 to $3.00 and set an “equal weight” rating for the company in a research report on Thursday, April 23rd. Truist Financial decreased their price target on Community Health Systems from $3.50 to $3.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. Zacks Research downgraded Community Health Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. UBS Group raised their target price on Community Health Systems from $3.60 to $3.70 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Wall Street Zen downgraded Community Health Systems from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th.

Community Health Systems Stock Up 2.1%

CYH stock opened at $3.12 on Tuesday. Community Health Systems has a twelve month low of $2.38 and a twelve month high of $4.43. The stock’s 50 day moving average is $2.90 and its 200-day moving average is $3.14. The firm has a market capitalization of $438.97 million, a PE ratio of 0.91 and a beta of 1.86.

Community Health Systems (NYSE:CYH) last issued its quarterly earnings results on Tuesday, April 21st. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.30). The business had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. The business’s revenue was down 6.1% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.03) earnings per share. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. On average, equities research analysts anticipate that Community Health Systems will post -0.58 earnings per share for the current fiscal year.

Institutional Trading of Community Health Systems

A number of large investors have recently bought and sold shares of CYH. Marshall Wace LLP increased its position in Community Health Systems by 276.3% in the fourth quarter. Marshall Wace LLP now owns 1,523,837 shares of the company’s stock worth $4,754,000 after buying an additional 1,118,864 shares during the last quarter. Owl Creek Asset Management L.P. grew its position in shares of Community Health Systems by 65.4% in the first quarter. Owl Creek Asset Management L.P. now owns 2,530,622 shares of the company’s stock valued at $7,440,000 after purchasing an additional 1,000,862 shares in the last quarter. Carronade Capital Management LP grew its position in shares of Community Health Systems by 306.7% in the first quarter. Carronade Capital Management LP now owns 1,321,923 shares of the company’s stock valued at $3,886,000 after purchasing an additional 996,923 shares in the last quarter. Eversept Partners LP grew its position in shares of Community Health Systems by 14.3% in the fourth quarter. Eversept Partners LP now owns 7,943,802 shares of the company’s stock valued at $24,785,000 after purchasing an additional 993,751 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Community Health Systems by 112.4% in the second quarter. Bank of America Corp DE now owns 1,872,343 shares of the company’s stock valued at $6,366,000 after purchasing an additional 991,014 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

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.