Shares of Community Health Systems, Inc. (NYSE: CYH – Get Rating) received a consensus rating of “Hold” from the thirteen brokerages that currently cover the company, MarketBeat Ratings reports. Two equity research analysts gave the stock a sell rating, seven gave the company a hold rating and three gave the company a buy rating. The 12-month average price target among brokers who have rated the stock over the past year is $13.53.
CYH has been the subject of several research analyst reports. Wells Fargo & Company began covering community health systems in a Monday, March 28 report. They set an “equal weight” rating and a price target of $12.00 on the stock. Zacks Investment Research moved Community Health Systems from a “hold” rating to a “strong sell” rating and set a target price of $7.25 for the stock. in a report on Friday. StockNews.com began covering community health systems in a report on Thursday, March 31. They issued a “hold” rating on the stock. Finally, Citigroup cut its target price on community health systems from $18.00 to $14.00 in a report released Friday.
Shares of CYH opened at $7.67 on Monday. The company’s fifty-day simple moving average is $10.97 and its two-hundred-day simple moving average is $12.20. Community Health Systems has a 12-month low of $7.33 and a 12-month high of $17.04. The company has a market capitalization of $1.03 billion, a price/earnings ratio of 3.45, a P/E/G ratio of 0.71 and a beta of 1.67.
Community Health Systems (NYSE:CYH – Get Rating) last released its quarterly results on Wednesday, April 27. The company reported earnings per share of $0.14 for the quarter, beating the consensus estimate of $0.13 by $0.01. Community Health Systems had a negative return on equity of 20.03% and a net margin of 2.36%. In the same quarter a year earlier, the company posted EPS of $0.36. Stock analysts expect Community Health Systems to post earnings per share of 1.1 for the current fiscal year.
Major investors have recently been buying and selling shares of the company. Meeder Asset Management Inc. increased its stake in Community Health Systems by 37.7% during the third quarter. Meeder Asset Management Inc. now owns 5,551 shares of the company valued at $65,000 after acquiring an additional 1,519 shares during the period. O Shaughnessy Asset Management LLC increased its position in Community Health Systems shares by 13,891.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 6,716 shares of the company valued at $79,000 after purchasing an additional 6,668 shares last quarter. Nisa Investment Advisors LLC increased its position in Community Health Systems shares by 59.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 9,390 shares of the company valued at $119,000 after buying 3,500 additional shares in the last quarter. Fox Run Management LLC bought a new position in shares of Community Health Systems during the fourth quarter, valued at approximately $134,000. Finally, Centiva Capital LP bought a new position in shares of Community Health Systems during the fourth quarter, valued at approximately $139,000. 79.95% of the shares are currently held by institutional investors and hedge funds.
About Community Health Systems (Get an assessment)
Community Health Systems, Inc. owns, leases and operates general acute care hospitals in the United States. It offers general acute care, emergency, general and specialized surgery, intensive care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services, as well as nursing and care services. qualified home.
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