Zacks Research Has Negative Outlook for CYH Q2 Earnings

Community Health Systems, Inc. (NYSE:CYH) – Equities research analysts at Zacks Research reduced their Q2 2026 EPS estimates for Community Health Systems in a research note issued to investors on Monday, May 4th. Zacks Research analyst Team now anticipates that the company will post earnings per share of ($0.13) for the quarter, down from their previous estimate of ($0.12). Zacks Research has a “Hold” rating on the stock. The consensus estimate for Community Health Systems’ current full-year earnings is ($0.55) per share. Zacks Research also issued estimates for Community Health Systems’ Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at ($0.58) EPS, Q1 2027 earnings at ($0.17) EPS, Q2 2027 earnings at ($0.05) EPS, Q3 2027 earnings at ($0.01) EPS, Q4 2027 earnings at $0.09 EPS, FY2027 earnings at ($0.14) EPS and Q1 2028 earnings at ($0.05) EPS.

Community Health Systems (NYSE:CYH) last announced its earnings results on Tuesday, April 21st. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.30). The company had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. Community Health Systems’s quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.03) earnings per share. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS.

Several other brokerages have also recently issued reports on CYH. Barclays dropped their target price on Community Health Systems from $3.50 to $3.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 23rd. Weiss Ratings downgraded shares of Community Health Systems from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, April 24th. Wall Street Zen cut shares of Community Health Systems from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. Truist Financial dropped their price target on shares of Community Health Systems from $3.50 to $3.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company cut their price objective on shares of Community Health Systems from $3.00 to $2.00 and set an “underweight” rating for the company in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $3.28.

Community Health Systems Price Performance

Shares of CYH opened at $2.83 on Wednesday. The firm has a market capitalization of $398.10 million, a P/E ratio of 0.82 and a beta of 1.89. Community Health Systems has a one year low of $2.38 and a one year high of $4.47. The business has a fifty day moving average of $3.10 and a 200 day moving average of $3.27.

Institutional Trading of Community Health Systems

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of Community Health Systems by 601.9% during the 4th quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock valued at $29,000 after purchasing an additional 7,963 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in Community Health Systems in the 3rd quarter worth $32,000. Lazard Asset Management LLC purchased a new stake in Community Health Systems in the 4th quarter worth $34,000. Wealthcare Advisory Partners LLC bought a new stake in Community Health Systems during the fourth quarter valued at about $35,000. Finally, Quarry LP purchased a new position in shares of Community Health Systems in the third quarter valued at about $39,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

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.