Community Health Systems, Inc. (NYSE:CYH) Receives Consensus Rating of “Reduce” from Analysts

Community Health Systems, Inc. (NYSE:CYH) has received a consensus rating of “Reduce” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $2.9583.

Several research firms have commented on CYH. Weiss Ratings raised Community Health Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, September 16th. Wall Street Zen downgraded Community Health Systems from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Barclays dropped their price objective on shares of Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a research note on Thursday, July 23rd. BMO Capital Markets initiated coverage on shares of Community Health Systems in a report on Tuesday. They issued a “market perform” rating and a $3.00 target price on the stock. Finally, Royal Bank Of Canada dropped their price target on shares of Community Health Systems from $5.00 to $4.00 and set an “outperform” rating on the stock in a research note on Monday, July 27th.

Insider Buying and Selling at Community Health Systems

In related news, Director William Jennings sold 40,000 shares of Community Health Systems stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $2.96, for a total value of $118,400.00. Following the sale, the director directly owned 38,468 shares in the company, valued at $113,865.28. The trade was a 50.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 11.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Community Health Systems

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Community Health Systems during the second quarter worth about $36,508,000. Helix Partners Management LP acquired a new stake in shares of Community Health Systems during the 2nd quarter valued at approximately $1,336,000. Carronade Capital Management LP boosted its stake in shares of Community Health Systems by 306.7% during the 1st quarter. Carronade Capital Management LP now owns 1,321,923 shares of the company’s stock worth $3,886,000 after acquiring an additional 996,923 shares in the last quarter. Whitebox Advisors LLC grew its holdings in shares of Community Health Systems by 42.1% in the 1st quarter. Whitebox Advisors LLC now owns 3,127,884 shares of the company’s stock worth $9,196,000 after acquiring an additional 926,364 shares during the period. Finally, Apollo Management Holdings L.P. raised its holdings in Community Health Systems by 3.2% during the second quarter. Apollo Management Holdings L.P. now owns 11,859,526 shares of the company’s stock worth $39,611,000 after purchasing an additional 370,210 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Community Health Systems Price Performance

Shares of Community Health Systems stock opened at $3.02 on Thursday. The stock has a market capitalization of $425.42 million, a price-to-earnings ratio of 1.63 and a beta of 1.86. The firm’s fifty day simple moving average is $2.94 and its 200-day simple moving average is $3.01. Community Health Systems has a 12 month low of $2.40 and a 12 month high of $4.43.

Community Health Systems (NYSE:CYH) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.09). Community Health Systems had a net margin of 2.10% and a negative return on equity of 6.66%. The business had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS. Analysts anticipate that Community Health Systems will post -0.86 earnings per share for the current year.

About Community Health Systems

Community Health Systems, Inc (NYSE: CYH) is a healthcare services company that owns, leases, or operates general acute-care hospitals and related healthcare facilities in communities across the United States. The company focuses primarily on serving non-urban and rural markets, providing access to hospital-based and outpatient care.

Its services generally include emergency care, inpatient and outpatient surgery, diagnostic imaging, laboratory services, cardiology, orthopedics, women’s health, rehabilitation, behavioral health, and other medical services.