Community Health Systems, Inc. (NYSE:CYH) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Community Health Systems, Inc. (NYSE:CYH) have been assigned a consensus rating of “Reduce” from the eight analysts that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $3.2833.

Several research analysts have recently weighed in on the company. Barclays cut Community Health Systems from an “equal weight” rating to an “underweight” rating and set a $3.00 price target for the company. in a research note on Wednesday. Zacks Research downgraded Community Health Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. Weiss Ratings raised shares of Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 2nd. Wall Street Zen cut shares of Community Health Systems from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Finally, Truist Financial decreased their price objective on 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.

Community Health Systems Stock Performance

Community Health Systems stock opened at $3.58 on Friday. The stock’s 50 day simple moving average is $3.02 and its two-hundred day simple moving average is $3.13. The stock has a market cap of $503.79 million, a price-to-earnings ratio of 1.04 and a beta of 1.81. Community Health Systems has a fifty-two week low of $2.38 and a fifty-two week high of $4.43.

Community Health Systems (NYSE:CYH) last posted its quarterly earnings data 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 $2.96 billion for the quarter, compared to the consensus estimate of $2.89 billion. Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. The firm’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period last year, the business earned ($0.03) EPS. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. On average, analysts predict that Community Health Systems will post -0.58 earnings per share for the current year.

Hedge Funds Weigh In On Community Health Systems

Several hedge funds have recently modified their holdings of the stock. Eversept Partners LP grew its stake in Community Health Systems by 9.2% during the first quarter. Eversept Partners LP now owns 8,677,281 shares of the company’s stock valued at $25,511,000 after acquiring an additional 733,479 shares in the last quarter. Vanguard Group Inc. grew its holdings in Community Health Systems by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 8,553,686 shares of the company’s stock valued at $27,457,000 after buying an additional 50,576 shares in the last quarter. Nomura Holdings Inc. boosted its position in shares of Community Health Systems by 4.3% during the 3rd quarter. Nomura Holdings Inc. now owns 7,585,919 shares of the company’s stock valued at $24,351,000 after acquiring an additional 314,840 shares during the last quarter. Whitebox Advisors LLC lifted its position in Community Health Systems by 42.1% during the first quarter. Whitebox Advisors LLC now owns 3,127,884 shares of the company’s stock valued at $9,196,000 after purchasing an additional 926,364 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Community Health Systems by 25.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,035,088 shares of the company’s stock valued at $9,469,000 after acquiring an additional 607,066 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Community Health Systems Company Profile

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.