Shares of Community Health Systems, Inc. (NYSE:CYH) have earned an average rating of “Hold” from the twenty research firms that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $8.13.

CYH has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Community Health Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Vetr raised shares of Community Health Systems from a “strong sell” rating to a “sell” rating and set a $7.83 target price for the company in a research report on Monday, April 3rd. BidaskClub raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Deutsche Bank AG initiated coverage on shares of Community Health Systems in a research report on Wednesday, April 5th. They set a “hold” rating and a $11.00 target price for the company. Finally, Mizuho dropped their target price on shares of Community Health Systems from $10.00 to $7.50 and set a “neutral” rating for the company in a research report on Monday, March 27th.

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Institutional investors have recently added to or reduced their stakes in the stock. Horrell Capital Management Inc. boosted its position in Community Health Systems by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the company’s stock valued at $242,000 after buying an additional 100 shares during the period. State of Alaska Department of Revenue boosted its position in Community Health Systems by 2.2% in the first quarter. State of Alaska Department of Revenue now owns 12,570 shares of the company’s stock valued at $111,000 after buying an additional 270 shares during the period. World Asset Management Inc boosted its position in Community Health Systems by 3.2% in the first quarter. World Asset Management Inc now owns 12,377 shares of the company’s stock valued at $110,000 after buying an additional 387 shares during the period. Louisiana State Employees Retirement System boosted its position in Community Health Systems by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 46,400 shares of the company’s stock valued at $412,000 after buying an additional 700 shares during the period. Finally, Arizona State Retirement System boosted its position in Community Health Systems by 1.4% in the first quarter. Arizona State Retirement System now owns 59,300 shares of the company’s stock valued at $526,000 after buying an additional 800 shares during the period. Institutional investors own 95.45% of the company’s stock.

Community Health Systems (NYSE CYH) opened at 9.28 on Monday. The stock’s market cap is $1.04 billion. Community Health Systems has a 1-year low of $4.15 and a 1-year high of $13.59. The stock has a 50 day moving average of $9.25 and a 200 day moving average of $8.17.

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, topping the Zacks’ consensus estimate of $0.06 by $0.02. The firm had revenue of $4.49 billion during the quarter, compared to the consensus estimate of $4.33 billion. Community Health Systems had a negative net margin of 10.77% and a positive return on equity of 1.79%. The company’s revenue was down 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. Equities analysts expect that Community Health Systems will post $0.36 earnings per share for the current 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.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

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