Community Health Systems (NYSE:CYH) Stock Rating Upgraded by BMO Capital Markets

Community Health Systems (NYSE:CYH) was upgraded by analysts at BMO Capital Markets to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

Other equities analysts also recently issued research reports about the company. Wall Street Zen downgraded Community Health Systems from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Weiss Ratings raised shares of Community Health Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, September 16th. Royal Bank Of Canada reduced their target price on shares of Community Health Systems from $5.00 to $4.00 and set an “outperform” rating on the stock in a research note on Monday, July 27th. UBS Group lowered their target price on shares of Community Health Systems from $3.20 to $3.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Finally, 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. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $2.96.

Community Health Systems Trading Down 0.1%

Shares of NYSE CYH opened at $3.02 on Tuesday. Community Health Systems has a 12-month low of $2.40 and a 12-month high of $4.43. The firm’s 50-day moving average price is $2.94 and its 200-day moving average price is $3.01. The stock has a market capitalization of $425.42 million, a price-to-earnings ratio of 1.63 and a beta of 1.86.

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

Insider Activity at Community Health Systems

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

Institutional Investors Weigh In On Community Health Systems

Institutional investors and hedge funds have recently bought and sold shares of the company. Lombard Odier Asset Management USA Corp boosted its holdings in Community Health Systems by 5.2% in the first quarter. Lombard Odier Asset Management USA Corp now owns 101,000 shares of the company’s stock worth $297,000 after acquiring an additional 5,000 shares in the last quarter. State of Wyoming increased its holdings in shares of Community Health Systems by 13.2% during the first quarter. State of Wyoming now owns 112,127 shares of the company’s stock valued at $330,000 after acquiring an additional 13,100 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Community Health Systems in the 2nd quarter valued at approximately $45,000. Y Intercept Hong Kong Ltd purchased a new stake in Community Health Systems during the 1st quarter worth approximately $40,000. Finally, Sequoia Financial Advisors LLC acquired a new position in Community Health Systems during the 2nd quarter valued at approximately $64,000. 84.99% of the stock is owned by institutional investors.

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.