Community Health Systems, Inc. (NYSE:CYH) Receives Average Rating of “Reduce” from Analysts

Shares of Community Health Systems, Inc. (NYSE:CYH) have been assigned a consensus rating of “Reduce” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $2.95.

Several equities research analysts have recently commented on CYH shares. Truist Financial lowered their price objective on shares of Community Health Systems from $3.75 to $3.25 and set a “hold” rating for the company in a research note on Monday, July 27th. Weiss Ratings raised Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 2nd. Wall Street Zen lowered Community Health Systems from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Royal Bank Of Canada dropped their price target on Community Health Systems from $5.00 to $4.00 and set an “outperform” rating on the stock in a research note on Monday, July 27th. Finally, Barclays cut their price objective on Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a report on Thursday, July 23rd.

Community Health Systems Stock Down 0.2%

Shares of Community Health Systems stock opened at $2.79 on Wednesday. The company has a 50 day moving average price of $3.11 and a 200 day moving average price of $3.11. The firm has a market capitalization of $392.71 million, a P/E ratio of 1.51 and a beta of 1.81. Community Health Systems has a 52 week low of $2.38 and a 52 week high of $4.43.

Community Health Systems (NYSE:CYH) 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 negative return on equity of 6.66% and a net margin of 2.10%.The company had revenue of $2.83 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same period in the prior year, the firm posted ($0.05) EPS. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. As a group, research analysts anticipate that Community Health Systems will post -0.69 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Community Health Systems

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in Community Health Systems by 601.9% during the 4th quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock valued at $29,000 after acquiring an additional 7,963 shares during the period. Lazard Asset Management LLC acquired a new stake in shares of Community Health Systems in the fourth quarter worth $34,000. Wealthcare Advisory Partners LLC purchased a new position in shares of Community Health Systems during the fourth quarter worth $35,000. Valeo Financial Advisors LLC purchased a new position in shares of Community Health Systems during the fourth quarter worth $39,000. Finally, Quarry LP acquired a new position in Community Health Systems during the third quarter valued at $39,000. 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.