Share on StockTwits

Community Health Systems (NYSE:CYH) hit a new 52-week low during mid-day trading on Thursday , Stock Ratings Network reports. The stock traded as low as $34.55 and last traded at $35.76, with a volume of 701,676 shares traded. The stock had previously closed at $35.30.

Several analysts have recently commented on the stock. Analysts at Oppenheimer upgraded shares of Community Health Systems from a “market perform” rating to an “outperform” rating in a research note on Monday. They now have a $55.00 price target on the stock. Separately, analysts at Monness Crespi & Hardt initiated coverage on shares of Community Health Systems in a research note on Monday, March 31st. They set a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of Community Health Systems from an “underperform” rating to a “neutral” rating in a research note on Tuesday, March 25th. They now have a $36.10 price target on the stock. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Community Health Systems currently has a consensus rating of “Buy” and a consensus price target of $50.71.

The stock has a 50-day moving average of $38.07 and a 200-day moving average of $40.49. The company has a market cap of $3.333 billion and a price-to-earnings ratio of 23.38.

Community Health Systems (NYSE:CYH) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.00 by $0.51. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.23 billion. On average, analysts predict that Community Health Systems will post $2.98 earnings per share for the current fiscal year.

Community Health Systems, Inc, is an operator of hospitals in the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.