Community Health Systems (NYSE:CYH) Releases FY 2025 Earnings Guidance

Community Health Systems (NYSE:CYH - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.400--0.100 for the period, compared to the consensus estimate of -0.276. The company issued revenue guidance of $12.3 billion-$12.6 billion, compared to the consensus revenue estimate of $12.4 billion.

Community Health Systems Trading Down 4.7%

NYSE:CYH traded down $0.14 during mid-day trading on Friday, reaching $2.77. 7,086,531 shares of the stock were exchanged, compared to its average volume of 3,258,186. The business has a fifty day moving average price of $3.55 and a 200 day moving average price of $3.21. The firm has a market capitalization of $387.96 million, a PE ratio of -1.86 and a beta of 2.06. Community Health Systems has a 1-year low of $2.24 and a 1-year high of $6.29.

Community Health Systems (NYSE:CYH - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by ($0.10). The company had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same period last year, the business earned ($0.17) EPS. The firm's revenue for the quarter was down .2% compared to the same quarter last year. On average, sell-side analysts forecast that Community Health Systems will post -0.29 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CYH shares. Guggenheim started coverage on Community Health Systems in a research report on Wednesday, April 9th. They set a "neutral" rating for the company. Royal Bank Of Canada decreased their price objective on Community Health Systems from $6.00 to $5.00 and set an "outperform" rating for the company in a research report on Friday. UBS Group decreased their price objective on Community Health Systems from $3.50 to $3.20 and set a "neutral" rating for the company in a research report on Friday. Barclays decreased their price objective on Community Health Systems from $4.00 to $3.50 and set an "equal weight" rating for the company in a research report on Thursday. Finally, Truist Financial raised their price target on Community Health Systems from $3.50 to $4.25 and gave the stock a "hold" rating in a research note on Wednesday, July 16th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $3.74.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Community Health Systems stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Community Health Systems, Inc. (NYSE:CYH - Free Report) by 4.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 74,987 shares of the company's stock after acquiring an additional 3,204 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.05% of Community Health Systems worth $202,000 at the end of the most recent reporting period. 84.99% of the stock is currently owned by institutional investors.

About Community Health Systems

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.