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

Shares of Community Health Systems, Inc. (NYSE:CYH) have been given a consensus recommendation of “Reduce” by the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $3.2833.

Several brokerages have recently commented on CYH. Zacks Research cut shares of Community Health Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of Community Health Systems from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, April 24th. Wall Street Zen cut shares of Community Health Systems from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. UBS Group lifted their price target on shares of Community Health Systems from $3.60 to $3.70 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Truist Financial lowered their price target on shares of Community Health Systems from $3.50 to $3.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd.

Community Health Systems Stock Performance

NYSE CYH opened at $2.78 on Tuesday. The stock has a fifty day moving average of $2.89 and a 200-day moving average of $3.14. The stock has a market capitalization of $391.05 million, a P/E ratio of 0.81 and a beta of 1.86. Community Health Systems has a 52 week low of $2.38 and a 52 week high of $4.43.

Community Health Systems (NYSE:CYH) last released its earnings results on Tuesday, April 21st. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.30). Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. The firm had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same period last year, the business posted ($0.03) earnings per share. The firm’s quarterly revenue was down 6.1% on a year-over-year basis. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. Equities research analysts forecast that Community Health Systems will post -0.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Community Health Systems

Several institutional investors have recently modified their holdings of CYH. Royal Bank of Canada grew its position in shares of Community Health Systems by 601.9% during the 4th quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock worth $29,000 after buying an additional 7,963 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Community Health Systems during the third quarter valued at approximately $32,000. Lazard Asset Management LLC acquired a new position in Community Health Systems during the fourth quarter valued at approximately $34,000. Wealthcare Advisory Partners LLC acquired a new position in Community Health Systems during the fourth quarter valued at approximately $35,000. Finally, Valeo Financial Advisors LLC acquired a new position in Community Health Systems during the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

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.