Community Health Systems, Inc. (NYSE:CYH) Receives $3.28 Average Price Target from Analysts

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

Several analysts recently weighed in on CYH shares. Barclays reduced their price objective on Community Health Systems from $3.50 to $3.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 23rd. Zacks Research cut Community Health Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Weiss Ratings cut Community Health Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, April 24th. UBS Group upped their target price on Community Health Systems from $3.60 to $3.70 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Wall Street Zen cut Community Health Systems from a “hold” rating to a “sell” rating in a report on Saturday, April 25th.

Community Health Systems Stock Up 2.1%

NYSE:CYH opened at $3.12 on Tuesday. The stock’s 50-day simple moving average is $2.90 and its 200 day simple moving average is $3.14. The firm has a market capitalization of $438.97 million, a PE ratio of 0.91 and a beta of 1.86. Community Health Systems has a twelve month low of $2.38 and a twelve month high of $4.43.

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

Hedge Funds Weigh In On Community Health Systems

A number of institutional investors and hedge funds have recently bought and sold shares of CYH. Royal Bank of Canada increased its holdings in Community Health Systems by 601.9% in the 4th quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock worth $29,000 after purchasing an additional 7,963 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Community Health Systems in the 3rd quarter worth about $32,000. Lazard Asset Management LLC acquired a new position in Community Health Systems in the 4th quarter worth about $34,000. Wealthcare Advisory Partners LLC acquired a new position in Community Health Systems in the 4th quarter worth about $35,000. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Community Health Systems in the fourth quarter valued at about $39,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

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.