Community Health Systems, Inc. (NYSE:CYH – Get Free Report) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $4.73.
CYH has been the topic of several research analyst reports. Oppenheimer boosted their price objective on shares of Community Health Systems from $4.50 to $5.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. Truist Financial boosted their price objective on shares of Community Health Systems from $3.75 to $4.25 and gave the company a “hold” rating in a report on Monday, July 15th. Wells Fargo & Company boosted their price objective on shares of Community Health Systems from $3.50 to $5.00 and gave the company an “equal weight” rating in a report on Tuesday, July 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $6.00 target price on shares of Community Health Systems in a research report on Monday, August 12th. Finally, UBS Group lifted their target price on Community Health Systems from $4.70 to $5.10 and gave the company a “neutral” rating in a research report on Wednesday, August 14th.
Check Out Our Latest Stock Report on Community Health Systems
Institutional Trading of Community Health Systems
Community Health Systems Stock Up 1.1 %
NYSE CYH opened at $5.55 on Thursday. Community Health Systems has a 52 week low of $2.01 and a 52 week high of $6.29. The business’s fifty day simple moving average is $5.54 and its 200-day simple moving average is $4.33. The firm has a market cap of $771.26 million, a PE ratio of -5.82 and a beta of 1.55.
Community Health Systems (NYSE:CYH – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.05). The company had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.10 billion. The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.22) EPS. Research analysts expect that Community Health Systems will post -0.41 EPS for the current year.
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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