In the last trading session, 4.13 million Community Health Systems, Inc (NYSE:CYH) shares changed hands as the company’s beta touched 1.79. With the company’s per share price at $3.92 changed hands at $0.24 or 6.52% during last session, the market valuation stood at $544.58M. CYH’s last price was a discount, traded about -60.46% off its 52-week high of $6.29. The share price had its 52-week low at $2.68, which suggests the last value was 31.63% up since then.
Analysts gave the Community Health Systems, Inc (CYH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.78. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CYH as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Community Health Systems, Inc’s EPS for the current quarter is expected to be -0.03.
Community Health Systems, Inc (NYSE:CYH) trade information
Instantly CYH was in green as seen at the end of in last trading. With action 17.01%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 31.10%, with the 5-day performance at 17.01% in the green. However, in the 30-day time frame, Community Health Systems, Inc (NYSE:CYH) is 15.29% up.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 60.8% from its current market value. According to analyst projections, CYH’s forecast low is 5 with 19 as the target high. To hit the forecast high, the stock’s price needs a -384.69% plunge from its current level, while the stock would need to soar -27.55% for it to hit the projected low.
Community Health Systems, Inc (CYH) estimates and forecasts
Year-over-year growth is forecast to reach -1.37% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 3.1B. 5 analysts are of the opinion that Community Health Systems, Inc’s revenue for the current quarter will be 3.06B. The company’s revenue for the corresponding quarters a year ago was 3.14B and 3.14B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.17%. The estimates for the next quarter sales put growth at -2.65%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.02%. The 2025 estimates are for Community Health Systems, Inc earnings to increase by 99.39%.
CYH Dividends
Community Health Systems, Inc is expected to release its next quarterly earnings report in March.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.9197% or 9.08 million shares worth $30.52 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 3.93 shares estimated at $15.42 million under it, the former controlled 2.83% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.54% of the shares, roughly 3.53 shares worth around $13.84 million.
