In the last trading session, 2.73 million Community Health Systems, Inc (NYSE:CYH) shares changed hands as the company’s beta touched 2.22. With the company’s per share price at $4.17 changed hands at -$0.18 or -4.14% during last session, the market valuation stood at $585.07M. CYH’s last price was a discount, traded about -50.84% off its 52-week high of $6.29. The share price had its 52-week low at $2.24, which suggests the last value was 46.28% up since then.
Analysts gave the Community Health Systems, Inc (CYH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.80. 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 -0.09.
Community Health Systems, Inc (NYSE:CYH) trade information
Instantly CYH was in red as seen at the end of in last trading. With action 8.03%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 39.46%, with the 5-day performance at 8.03% in the green. However, in the 30-day time frame, Community Health Systems, Inc (NYSE:CYH) is 73.03% up.
The consensus price target for the stock as assigned by Wall Street analysts is 3.5, meaning bulls need a downside of -19.14% from its current market value. According to analyst projections, CYH’s forecast low is 3.5 with 3.5 as the target high. To hit the forecast high, the stock’s price needs a 16.07% surge from its current level, while the stock would need to tank 16.07% for it to hit the projected low.
Community Health Systems, Inc (CYH) estimates and forecasts
Year-over-year growth is forecast to reach -1.98% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 3.03B. 7 analysts are of the opinion that Community Health Systems, Inc’s revenue for the current quarter will be 3.01B. The company’s revenue for the corresponding quarters a year ago was 3.14B and 3.09B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.58%. The estimates for the next quarter sales put growth at -2.47%.
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 69.16%.
Community Health Systems, Inc (NYSE:CYH)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.8636% or 9.08 million shares worth $30.52 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 3.94 shares estimated at $16.43 million under it, the former controlled 2.81% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.42% of the shares, roughly 3.39 shares worth around $14.13 million.
