Community Health Systems, Inc. (NYSE:CYH) Given Consensus Recommendation of “Hold” by Analysts

Community Health Systems, Inc. (NYSE:CYH) has been given an average recommendation of “Hold” by the nine ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $3.6167.

Several research analysts have commented on CYH shares. Wells Fargo & Company decreased their price objective on shares of Community Health Systems from $3.00 to $2.00 and set an “underweight” rating for the company in a report on Wednesday, January 7th. Truist Financial set a $4.50 price target on shares of Community Health Systems in a research note on Monday, January 5th. Wall Street Zen cut Community Health Systems from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Zacks Research raised Community Health Systems from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, UBS Group raised their target price on Community Health Systems from $3.60 to $3.70 and gave the company a “neutral” rating in a research note on Friday, February 20th.

Institutional Investors Weigh In On Community Health Systems

Several hedge funds have recently bought and sold shares of CYH. Royal Bank of Canada increased its stake in shares of Community Health Systems by 601.9% during the fourth quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock valued at $29,000 after purchasing an additional 7,963 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Community Health Systems during the 3rd quarter valued at approximately $32,000. Lazard Asset Management LLC purchased a new position in Community Health Systems during the fourth quarter valued at $34,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Community Health Systems in the fourth quarter worth $35,000. Finally, CWM LLC increased its holdings in shares of Community Health Systems by 133.1% during the second quarter. CWM LLC now owns 10,974 shares of the company’s stock valued at $37,000 after acquiring an additional 6,266 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Community Health Systems Price Performance

CYH opened at $3.46 on Friday. Community Health Systems has a one year low of $2.24 and a one year high of $4.47. The business has a 50 day simple moving average of $3.28 and a two-hundred day simple moving average of $3.23. The firm has a market capitalization of $479.94 million, a price-to-earnings ratio of 0.92 and a beta of 2.10.

Community Health Systems (NYSE:CYH) last posted its earnings results on Wednesday, February 18th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $1.00. Community Health Systems had a negative return on equity of 11.38% and a net margin of 4.08%.The firm had revenue of $3.11 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the previous year, the firm earned ($0.42) earnings per share. The business’s revenue was down 4.9% compared to the same quarter last year. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. As a group, sell-side analysts expect that Community Health Systems will post -0.29 EPS for the current fiscal year.

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.