Community Health Systems (NYSE:CYH – Get Free Report) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of -1.700–1.600 for the period, compared to the consensus 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.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on CYH shares. UBS Group reduced their target price on Community Health Systems from $3.20 to $3.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Wall Street Zen downgraded shares of Community Health Systems from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. BMO Capital Markets initiated coverage on Community Health Systems in a research note on Tuesday, September 22nd. They issued a “market perform” rating and a $3.00 price target for the company. Royal Bank Of Canada lowered their price objective 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. Finally, Barclays cut their price objective on Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a research note on Thursday, July 23rd. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Community Health Systems has an average rating of “Reduce” and a consensus price target of $2.96.
Get Our Latest Analysis on CYH
Community Health Systems Stock Performance
Community Health Systems stock opened at $2.41 on Friday. The firm’s 50-day moving average is $2.87 and its 200-day moving average is $3.04. Community Health Systems has a 1 year low of $2.19 and a 1 year high of $4.20. The company has a market cap of $339.83 million, a P/E ratio of 9.27 and a beta of 1.88.
Community Health Systems (NYSE:CYH – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.19). Community Health Systems had a negative return on equity of 6.66% and a net margin of 0.31%. The business had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.80 billion. During the same quarter last year, the company earned $1.27 EPS. Community Health Systems’s revenue was down 10.7% compared to the same quarter last year. As a group, sell-side analysts predict that Community Health Systems will post -1.65 earnings per share for the current year.
Insider Activity
In related news, Director William Jennings sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $2.96, for a total transaction of $118,400.00. Following the completion of the transaction, the director owned 38,468 shares in the company, valued at $113,865.28. The trade was a 50.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 11.10% of the company’s stock.
About Community Health Systems
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.
Read More
- Five stocks we like better than Community Health Systems
- The Factories Behind AI Servers Just Raised Their Outlooks—3 Contract Manufacturers to Watch
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
Receive News & Ratings for Community Health Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Health Systems and related companies with MarketBeat.com's FREE daily email newsletter.
