Community Health Systems (NYSE:CYH – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of -1.700–1.600 for the period, compared to the consensus EPS estimate of -1.100. The company issued revenue guidance of $11.3 billion-$11.5 billion, compared to the consensus revenue estimate of $11.4 billion.
Analysts Set New Price Targets
CYH has been the topic of a number of recent research reports. BMO Capital Markets assumed coverage on Community Health Systems in a report on Tuesday, September 22nd. They issued a “market perform” rating and a $3.00 target price on the stock. Barclays cut their price target on shares of Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a report on Thursday, July 23rd. UBS Group dropped their target price on shares of Community Health Systems from $3.20 to $3.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Truist Financial reduced their target price on Community Health Systems from $3.75 to $3.25 and set a “hold” rating for the company in a report on Monday, July 27th. Finally, Royal Bank Of Canada decreased their price target on Community Health Systems from $5.00 to $4.00 and set an “outperform” rating for the company in a research report on Monday, July 27th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Community Health Systems currently has a consensus rating of “Reduce” and a consensus target price of $2.96.
Check Out Our Latest Report on Community Health Systems
Community Health Systems Trading Down 10.3%
Shares of NYSE CYH opened at $2.39 on Friday. The stock has a fifty day simple moving average of $2.88 and a two-hundred day simple moving average of $3.04. Community Health Systems has a 1-year low of $2.19 and a 1-year high of $4.30. The firm has a market cap of $336.45 million, a price-to-earnings ratio of 9.18 and a beta of 1.88.
Community Health Systems (NYSE:CYH – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.19). The firm had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.80 billion. Community Health Systems had a net margin of 0.31% and a negative return on equity of 6.66%. The firm’s quarterly revenue was down 10.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.27 EPS. Analysts forecast that Community Health Systems will post -0.86 EPS for the current year.
Insider Buying and Selling
In other Community Health Systems news, Director William Jennings sold 40,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $2.96, for a total transaction of $118,400.00. Following the sale, the director directly owned 38,468 shares of the company’s stock, valued at $113,865.28. This represents a 50.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.10% of the stock is currently owned by company insiders.
Community Health Systems Company Profile
Community Health Systems, Inc (NYSE: CYH) is a healthcare services company that owns, leases, and operates general acute-care hospitals and related healthcare facilities in the United States. The company focuses primarily on serving communities in small cities and non-urban markets, providing access to hospital-based and outpatient care.
Its services generally include emergency care, inpatient and outpatient treatment, surgery, diagnostic imaging, laboratory services, rehabilitation, and other clinical programs.
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