Community Health Systems, Inc. (NYSE:CYH) Given Average Rating of “Reduce” by Brokerages

Community Health Systems, Inc. (NYSE:CYH) has received a consensus recommendation of “Reduce” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $2.95.

A number of equities research analysts recently weighed in on the stock. Weiss Ratings raised shares of Community Health Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, September 16th. Barclays cut their target price on Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada reduced their target price on Community Health Systems from $5.00 to $4.00 and set an “outperform” rating for the company in a report on Monday, July 27th. UBS Group dropped their price target on Community Health Systems from $3.20 to $3.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Finally, Wall Street Zen lowered Community Health Systems from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th.

Insider Activity at Community Health Systems

In other news, Director William Jennings sold 40,000 shares of Community Health Systems stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $2.96, for a total value of $118,400.00. Following the transaction, the director directly owned 38,468 shares of the company’s stock, valued at $113,865.28. The trade was a 50.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 11.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC purchased a new stake in shares of Community Health Systems in the second quarter valued at about $64,000. Readystate Asset Management LP grew its holdings in shares of Community Health Systems by 37.3% during the second quarter. Readystate Asset Management LP now owns 496,326 shares of the company’s stock worth $1,658,000 after buying an additional 134,829 shares during the last quarter. Apollo Management Holdings L.P. grew its holdings in shares of Community Health Systems by 3.2% during the second quarter. Apollo Management Holdings L.P. now owns 11,859,526 shares of the company’s stock worth $39,611,000 after buying an additional 370,210 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in Community Health Systems in the 2nd quarter valued at about $2,481,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Community Health Systems during the 2nd quarter valued at approximately $129,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Community Health Systems Trading Up 1.0%

CYH stock opened at $2.90 on Thursday. The stock has a market cap of $408.93 million, a P/E ratio of 1.57 and a beta of 1.86. Community Health Systems has a twelve month low of $2.40 and a twelve month high of $4.43. The company’s 50 day moving average is $2.95 and its two-hundred day moving average is $3.02.

Community Health Systems (NYSE:CYH) last issued its earnings results on Wednesday, July 22nd. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.09). The company had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.89 billion. Community Health Systems had a net margin of 2.10% and a negative return on equity of 6.66%. The company’s quarterly revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.05) EPS. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. On average, equities research analysts predict that Community Health Systems will post -0.86 earnings per share for the current year.

Community Health Systems Company Profile

Community Health Systems, Inc (NYSE: CYH) is a healthcare services company that owns, leases, or operates general acute-care hospitals and related healthcare facilities in communities across the United States. The company focuses primarily on serving non-urban and rural markets, providing access to hospital-based and outpatient care.

Its services generally include emergency care, inpatient and outpatient surgery, diagnostic imaging, laboratory services, cardiology, orthopedics, women’s health, rehabilitation, behavioral health, and other medical services.