Is Community Health Systems, Inc (NYSE:CYH), -77.68% Away From High, Poised For A Strong Comeback?

In last trading session, Community Health Systems, Inc (NYSE:CYH) saw 4.98 million shares changing hands with its beta currently measuring 1.82. Company’s recent per share price level of $3.54 trading at -$0.07 or -1.94% at ring of the bell on the day assigns it a market valuation of $491.87M. That closing price of CYH’s stock is at a discount of -77.68% from its 52-week high price of $6.29 and is indicating a premium of 29.1% from its 52-week low price of $2.51.

For Community Health Systems, Inc (CYH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.78. 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. The company is expected to be making an EPS of -0.01 in the current quarter.

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

Upright in the red during last session for losing -1.94%, in the last five days CYH remained trading in the green while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $3.54 price level, adding 6.6% to its value on the day. Community Health Systems, Inc’s shares saw a change of 18.39% in year-to-date performance and have moved 8.59% in past 5-day. Community Health Systems, Inc (NYSE:CYH) showed a performance of 7.27% in past 30-days.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 64.6% to its current value. Analysts have been projecting 5 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 -41.24% in reaching the projected high whereas dropping to the targeted low would mean a loss of -41.24% for stock’s current value.

Community Health Systems, Inc (CYH) estimates and forecasts

This year revenue growth is estimated to fall -1.43% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.09B for the same. And 5 analysts are in estimates of company making revenue of 3.06B in the next quarter. Company posted 3.14B and 3.14B of sales in current and next quarters respectively a year earlier.

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 8.01% during past 5 years.

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

BLACKROCK INC. is the top institutional holder at CYH for having 9.36 million shares of worth $31.46 million. And as of 2024-06-30, it was holding 7.132 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 9.08 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9197 of outstanding shares, having a total worth of $30.52 million.