Community Health Systems (NYSE:CYH) Issues Quarterly Earnings Results, Beats Expectations By $1.00 EPS

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

Community Health Systems Stock Up 3.1%

NYSE:CYH traded up $0.11 during trading hours on Thursday, reaching $3.45. The company had a trading volume of 2,437,033 shares, compared to its average volume of 1,706,445. Community Health Systems has a twelve month low of $2.24 and a twelve month high of $4.47. The firm has a market cap of $477.20 million, a price-to-earnings ratio of 1.42 and a beta of 2.10. The business’s 50-day simple moving average is $3.24 and its two-hundred day simple moving average is $3.18.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall Wace LLP lifted its position in Community Health Systems by 276.3% in the 4th quarter. Marshall Wace LLP now owns 1,523,837 shares of the company’s stock valued at $4,754,000 after acquiring an additional 1,118,864 shares in the last quarter. Bank of America Corp DE raised its stake 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 worth $6,366,000 after purchasing an additional 991,014 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Community Health Systems by 85.4% in the fourth quarter. AQR Capital Management LLC now owns 1,440,165 shares of the company’s stock valued at $4,493,000 after purchasing an additional 663,471 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Community Health Systems by 25.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,035,088 shares of the company’s stock worth $9,469,000 after buying an additional 607,066 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Community Health Systems by 57.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,577,138 shares of the company’s stock valued at $4,921,000 after buying an additional 577,979 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

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.