Community Health Systems (NYSE:CYH) Earns "Sell (D-)" Rating from Weiss Ratings

Key Points

• Community Health Systems (CYH) received a "sell (D-)" rating from Weiss Ratings, indicating concerns about the company's performance.
• Current stock price is $3.17, with a 52-week range between $2.24 and $6.11, reflecting significant volatility.
• Analysts have mixed views on CYH, with one Buy rating, five Hold ratings, and three Sell ratings, resulting in a consensus price target of $3.66.

Community Health Systems (NYSE:CYH - Get Free Report)'s stock had its "sell (d-)" rating restated by stock analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other brokerages have also issued reports on CYH. Jefferies Financial Group reissued a "hold" rating and issued a $3.00 price target (down previously from $4.25) on shares of Community Health Systems in a report on Thursday, July 24th. Wells Fargo & Company boosted their price target on shares of Community Health Systems from $2.50 to $3.00 and gave the company an "underweight" rating in a report on Tuesday. UBS Group lowered their price target on shares of Community Health Systems from $3.50 to $3.20 and set a "neutral" rating on the stock in a report on Friday, July 25th. Truist Financial upped their target price on shares of Community Health Systems from $3.50 to $4.25 and gave the stock a "hold" rating in a report on Wednesday, July 16th. Finally, Royal Bank Of Canada lowered their target price on shares of Community Health Systems from $6.00 to $5.00 and set an "outperform" rating on the stock in a report on Friday, July 25th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus price target of $3.66.

Community Health Systems Price Performance

CYH traded up $0.04 on Wednesday, reaching $3.17. 1,171,162 shares of the company traded hands, compared to its average volume of 1,485,082. The company has a market cap of $444.18 million, a price-to-earnings ratio of -2.13 and a beta of 1.88. The stock's 50 day moving average price is $2.85 and its 200-day moving average price is $3.08. Community Health Systems has a 52-week low of $2.24 and a 52-week high of $6.11.

Community Health Systems (NYSE:CYH - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.10). The business had revenue of $3.13 billion for the quarter, compared to analysts' expectations of $3.02 billion. During the same period in the previous year, the business earned ($0.17) EPS. The firm's revenue was down .2% on a year-over-year basis. Community Health Systems has set its FY 2025 guidance at -0.400--0.100 EPS. As a group, equities research analysts forecast that Community Health Systems will post -0.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CYH. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Community Health Systems by 6.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 308,176 shares of the company's stock valued at $921,000 after purchasing an additional 18,612 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Community Health Systems in the 1st quarter valued at about $36,000. Red Door Wealth Management LLC boosted its stake in shares of Community Health Systems by 30.4% in the 1st quarter. Red Door Wealth Management LLC now owns 30,000 shares of the company's stock valued at $81,000 after purchasing an additional 7,000 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Community Health Systems in the 1st quarter valued at approximately $1,021,000. Finally, Apollon Wealth Management LLC raised its position in shares of Community Health Systems by 100.0% in the 1st quarter. Apollon Wealth Management LLC now owns 40,000 shares of the company's stock valued at $108,000 after acquiring an additional 20,000 shares during the period. Institutional investors own 84.99% of the company's stock.

Community Health Systems Company Profile

Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services.

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