In last trading session, Community Health Systems, Inc. (NYSE:CYH) saw 4.89 million shares changing hands with its beta currently measuring 1.53. Company’s recent per share price level of $4.33 trading at $0.28 or 6.91% at ring of the bell on the day assigns it a market valuation of $601.74M. That closing price of CYH’s stock is at a discount of -20.09% from its 52-week high price of $5.20 and is indicating a premium of 53.58% from its 52-week low price of $2.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.16 million shares which gives us an average trading volume of 1.60 million if we extend that period to 3-months.

For Community Health Systems, Inc. (CYH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Community Health Systems, Inc. (NYSE:CYH) trade information

Upright in the green during last session for gaining 6.91%, in the last five days CYH remained trading in the green while hitting it’s week-highest on Wednesday, 07/24/24 when the stock touched $4.33 price level, adding 1.14% to its value on the day. Community Health Systems, Inc.’s shares saw a change of 38.34% in year-to-date performance and have moved 9.90% in past 5-day. Community Health Systems, Inc. (NYSE:CYH) showed a performance of 36.16% in past 30-days. Number of shares sold short was 7.62 million shares which calculate 4.63 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11.25 to the stock, which implies a rise of 61.51% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 19. It follows that stock’s current price would drop -38.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -38.57% for stock’s current value.

Community Health Systems, Inc. (CYH) estimates and forecasts

Statistics highlight that Community Health Systems, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 16.09% of value to its shares in past 6 months, showing an annual growth rate of 76.98% while that of industry is 21.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 31.96% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 78.31% while estimates for its earnings growth in next 5 years are of -7.95%.

CYH Dividends

Community Health Systems, Inc. is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Community Health Systems, Inc. (NYSE:CYH)’s Major holders

Insiders are in possession of 8.19% of company’s total shares while institution are holding 75.30 percent of that, with stock having share float percentage of 82.02%. Investors also watch the number of corporate investors in a company very closely, which is 75.30% institutions for Community Health Systems, Inc. that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CYH for having 9.32 million shares of worth $32.6 million. And as of 2024-03-31, it was holding 7.1411 of the company’s outstanding shares.

The second largest institutional holder is CASTLEKNIGHT MANAGEMENT LP, which was holding about 8.91 million shares on 2024-03-31. The number of shares represents firm’s hold over 6.7859 of outstanding shares, having a total worth of $31.18 million.