Community Health Systems (NYSE:CYH – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.51), Zacks reports. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Community Health Systems updated its FY 2025 guidance to -0.550-0.000 EPS.
Community Health Systems Stock Performance
Shares of NYSE CYH opened at $3.62 on Thursday. Community Health Systems has a 52 week low of $2.51 and a 52 week high of $6.29. The stock’s fifty day moving average is $3.21 and its 200 day moving average is $4.29.
Analysts Set New Price Targets
CYH has been the subject of a number of research reports. Barclays lowered their target price on Community Health Systems from $5.00 to $4.00 and set an “equal weight” rating for the company in a report on Thursday. Raymond James lowered Community Health Systems from a “market perform” rating to an “underperform” rating in a research report on Friday, November 22nd. StockNews.com downgraded Community Health Systems from a “hold” rating to a “sell” rating in a research report on Monday, November 25th. Truist Financial cut their price objective on shares of Community Health Systems from $5.00 to $3.50 and set a “hold” rating on the stock in a research report on Monday, January 6th. Finally, Wells Fargo & Company downgraded shares of Community Health Systems from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $5.00 to $2.50 in a research note on Monday, November 25th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $4.35.
About Community Health Systems
Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services.
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