Community Health Systems, Inc (NYSE: CYH) Shares Are Heading Higher

In the last trading session, 2.04 million shares of the Community Health Systems, Inc (NYSE:CYH) were traded, and its beta was 2.02. Most recently the company’s share price was $2.90, and it changed around $0.06 or 2.11% from the last close, which brings the market valuation of the company to $406.89M. CYH currently trades at a discount to its 52-week high of $6.29, offering almost -116.9% off that amount. The share price’s 52-week low was $2.24, which indicates that the current value has risen by an impressive 22.76% since then.

Community Health Systems, Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.80. If we narrow it down even further, the data shows that 1 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended CYH as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight.

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

Instantly CYH has showed a green trend with a performance of 2.11% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.94 on recent trading dayincreased the stock’s daily price by 1.36%. The company’s shares are currently down -3.01% year-to-date, but still up 7.41% over the last five days. On the other hand, Community Health Systems, Inc (NYSE:CYH) is 18.37% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $3.5, which translates to bulls needing to increase their stock price by 17.14% from its current value. Analyst projections state that CYH is forecast to be at a low of $3.5 and a high of $3.5.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.02%.

CYH Dividends

Community Health Systems, Inc’s next quarterly earnings report is expected to be released in June.

VANGUARD GROUP INC, with 6.8636% or 9.08 million shares worth $30.52 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.94 shares worth $11.42 million, making up 2.81% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 3.39 shares worth around $9.83 million, which represents about 2.42% of the total shares outstanding.