Community Health Systems (CYH) Set to Announce Quarterly Earnings on Monday

Community Health Systems (NYSE:CYH) will announce its earnings results after the market closes on Monday, February 19th. Analysts expect the company to announce earnings of ($0.36) per share for the quarter.

Shares of Community Health Systems (NYSE:CYH) opened at $5.43 on Monday. Community Health Systems has a 52 week low of $3.85 and a 52 week high of $10.51. The company has a debt-to-equity ratio of 10.62, a quick ratio of 1.86 and a current ratio of 2.05. The company has a market cap of $622.97, a PE ratio of -0.91 and a beta of 1.52.

In other news, major shareholder Tian Qiao Chen bought 100,164 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was acquired at an average cost of $3.96 per share, with a total value of $396,649.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 1,980,484 shares of company stock valued at $7,878,489 over the last ninety days. Corporate insiders own 4.70% of the company’s stock.

Several equities research analysts recently commented on CYH shares. ValuEngine lowered shares of Community Health Systems from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 7th. Morgan Stanley decreased their target price on shares of Community Health Systems from $6.50 to $4.50 and set an “underweight” rating for the company in a report on Friday, November 3rd. Credit Suisse Group assumed coverage on shares of Community Health Systems in a report on Thursday, November 2nd. They issued an “underperform” rating and a $3.50 target price for the company. JPMorgan Chase & Co. cut shares of Community Health Systems from a “neutral” rating to an “underweight” rating in a report on Thursday, December 14th. Finally, Goldman Sachs Group assumed coverage on shares of Community Health Systems in a report on Wednesday, January 3rd. They issued a “sell” rating and a $3.00 target price for the company. Eight analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company’s stock. Community Health Systems has a consensus rating of “Hold” and an average target price of $6.10.

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About Community Health Systems

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.

Earnings History for Community Health Systems (NYSE:CYH)

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