Community Health Systems (NYSE:CYH) has earned a consensus recommendation of “Hold” from the twenty research firms that are presently covering the company. Seven equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $8.53.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Community Health Systems from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 3rd. Vetr raised shares of Community Health Systems from a “hold” rating to a “buy” rating and set a $8.62 price target for the company in a report on Monday, April 24th. Deutsche Bank AG assumed coverage on shares of Community Health Systems in a report on Wednesday, April 5th. They issued a “hold” rating and a $11.00 price target for the company. Mizuho lowered their price target on shares of Community Health Systems from $10.00 to $7.50 and set a “neutral” rating for the company in a report on Monday, March 27th. Finally, Piper Jaffray Companies lowered shares of Community Health Systems from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $10.00 to $7.00 in a report on Wednesday, March 1st.

A number of hedge funds have recently made changes to their positions in CYH. Lucus Advisors LLC acquired a new stake in Community Health Systems during the third quarter valued at $406,000. BlackRock Advisors LLC raised its stake in Community Health Systems by 11.1% in the third quarter. BlackRock Advisors LLC now owns 59,143 shares of the company’s stock worth $683,000 after buying an additional 5,926 shares in the last quarter. Teachers Advisors LLC raised its stake in Community Health Systems by 1.6% in the third quarter. Teachers Advisors LLC now owns 180,488 shares of the company’s stock worth $2,083,000 after buying an additional 2,919 shares in the last quarter. BlackRock Group LTD raised its stake in Community Health Systems by 4.6% in the third quarter. BlackRock Group LTD now owns 164,832 shares of the company’s stock worth $1,901,000 after buying an additional 7,274 shares in the last quarter. Finally, Commonwealth Bank of Australia raised its stake in Community Health Systems by 448.4% in the third quarter. Commonwealth Bank of Australia now owns 51,000 shares of the company’s stock worth $587,000 after buying an additional 41,700 shares in the last quarter.

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Community Health Systems (NYSE:CYH) traded down 2.42% during mid-day trading on Friday, hitting $9.27. The stock had a trading volume of 726,116 shares. Community Health Systems has a 12-month low of $4.15 and a 12-month high of $15.52. The stock’s market cap is $1.04 billion. The company has a 50-day moving average of $9.24 and a 200-day moving average of $7.57.

Community Health Systems (NYSE:CYH) last posted its earnings results on Monday, May 1st. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Community Health Systems had a negative net margin of 8.44% and a negative return on equity of 0.94%. The company had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.33 billion. During the same quarter in the previous year, the company posted $0.27 earnings per share. Community Health Systems’s quarterly revenue was down 10.3% compared to the same quarter last year. On average, analysts anticipate that Community Health Systems will post $0.38 earnings per share for the current fiscal year.

Community Health Systems Company Profile

Community Health Systems, Inc is an operator of general acute care hospitals and outpatient facilities in communities across the country. The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.

12 Month Chart for NYSE:CYH

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