Community Health Systems, Inc. (NYSE:CYH) Receives Average Recommendation of “Reduce” from Analysts

Community Health Systems, Inc. (NYSE:CYH) has been assigned an average recommendation of “Reduce” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $3.2833.

A number of research analysts recently issued reports on CYH shares. Weiss Ratings lowered shares of Community Health Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, April 24th. Barclays dropped their price objective on shares of Community Health Systems from $3.50 to $3.00 and set an “equal weight” rating for the company in a report on Thursday, April 23rd. Wall Street Zen lowered shares of Community Health Systems from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. UBS Group raised their price objective on shares of Community Health Systems from $3.60 to $3.70 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Zacks Research lowered shares of Community Health Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CYH. Marshall Wace LLP raised its holdings in Community Health Systems by 276.3% during the 4th quarter. Marshall Wace LLP now owns 1,523,837 shares of the company’s stock worth $4,754,000 after purchasing an additional 1,118,864 shares during the last quarter. Owl Creek Asset Management L.P. raised its holdings in Community Health Systems by 65.4% during the 1st quarter. Owl Creek Asset Management L.P. now owns 2,530,622 shares of the company’s stock worth $7,440,000 after purchasing an additional 1,000,862 shares during the last quarter. Carronade Capital Management LP raised its holdings in Community Health Systems by 306.7% during the 1st quarter. Carronade Capital Management LP now owns 1,321,923 shares of the company’s stock worth $3,886,000 after purchasing an additional 996,923 shares during the last quarter. Eversept Partners LP raised its holdings in Community Health Systems by 14.3% during the 4th quarter. Eversept Partners LP now owns 7,943,802 shares of the company’s stock worth $24,785,000 after purchasing an additional 993,751 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Community Health Systems by 112.4% during the 2nd quarter. Bank of America Corp DE now owns 1,872,343 shares of the company’s stock worth $6,366,000 after purchasing an additional 991,014 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Community Health Systems Price Performance

Shares of NYSE CYH opened at $2.78 on Tuesday. The company has a 50 day simple moving average of $2.89 and a 200 day simple moving average of $3.14. The firm has a market cap of $391.05 million, a PE ratio of 0.81 and a beta of 1.86. Community Health Systems has a 1 year low of $2.38 and a 1 year high of $4.43.

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

About Community Health Systems

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.