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

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

CYH has been the subject of a number of recent analyst reports. Barclays lowered their price target 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. Truist Financial decreased their price objective 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. Weiss Ratings upgraded Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. Wall Street Zen cut Community Health Systems from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Finally, Zacks Research downgraded Community Health Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th.

Community Health Systems Stock Performance

Community Health Systems stock opened at $3.92 on Friday. The firm has a market capitalization of $551.70 million, a PE ratio of 1.14 and a beta of 1.81. Community Health Systems has a one year low of $2.38 and a one year high of $4.43. The stock’s 50 day moving average price is $2.96 and its 200 day moving average price is $3.12.

Community Health Systems (NYSE:CYH) last posted 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). Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. The firm had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter in the prior year, the business earned ($0.03) EPS. The company’s revenue for the quarter 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. On average, analysts forecast that Community Health Systems will post -0.58 earnings per share for the current fiscal year.

Institutional Trading of Community Health Systems

A number of hedge funds have recently made changes to their positions in CYH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Community Health Systems by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 74,987 shares of the company’s stock worth $202,000 after buying an additional 3,204 shares during the last quarter. Creative Planning boosted its stake in Community Health Systems by 14.1% during the 2nd quarter. Creative Planning now owns 98,577 shares of the company’s stock valued at $335,000 after acquiring an additional 12,204 shares during the last quarter. Rhumbline Advisers grew its holdings in Community Health Systems by 3.8% during the 2nd quarter. Rhumbline Advisers now owns 206,497 shares of the company’s stock worth $702,000 after acquiring an additional 7,549 shares in the last quarter. Norges Bank acquired a new position in Community Health Systems during the 2nd quarter worth $1,204,000. Finally, Marshall Wace LLP bought a new stake in shares of Community Health Systems in the 2nd quarter worth about $321,000. 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.