What is Zacks Research's Forecast for CYH FY2028 Earnings?

Key Points

• Zacks Research raised its FY2028 EPS estimate for Community Health Systems to $0.07 (from $0.03) and kept a "Hold" rating, even though the broader consensus still forecasts a full-year loss of ($0.55) per share.
• CHS recently reported a quarterly EPS of ($0.48), missing estimates by $0.30, with revenue of $2.97 billion down 6.1% year-over-year, and the company set FY2026 guidance at -0.600 to 0.000 EPS.
• Several analysts have cut price targets and ratings, leaving a consensus rating of "Reduce" with an average target of $3.28; the stock trades near $2.86 and the company has a market cap of about $403 million.

Community Health Systems, Inc. (NYSE:CYH - Free Report) - Equities research analysts at Zacks Research lifted their FY2028 EPS estimates for Community Health Systems in a research report issued to clients and investors on Monday, May 4th. Zacks Research analyst Team now expects that the company will earn $0.07 per share for the year, up from their previous estimate of $0.03. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Community Health Systems' current full-year earnings is ($0.55) per share.

A number of other equities analysts also recently commented on CYH. Truist Financial cut their price objective on shares of Community Health Systems from $3.50 to $3.00 and set a "hold" rating for the company in a research report on Thursday, April 23rd. Barclays dropped their price target on shares of Community Health Systems from $3.50 to $3.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 23rd. Weiss Ratings downgraded shares of Community Health Systems from a "sell (d+)" rating to a "sell (d)" rating in a research report on Friday, April 24th. Wells Fargo & Company dropped their target price on Community Health Systems from $3.00 to $2.00 and set an "underweight" rating on the stock in a research report on Wednesday, January 7th. Finally, Wall Street Zen downgraded Community Health Systems from a "hold" rating to a "sell" rating in a research note on Saturday, April 25th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average target price of $3.28.

Community Health Systems Trading Down 4.0%

NYSE:CYH opened at $2.86 on Tuesday. The stock's 50 day simple moving average is $3.12 and its 200-day simple moving average is $3.27. Community Health Systems has a 12-month low of $2.38 and a 12-month high of $4.47. The firm has a market cap of $403.30 million, a P/E ratio of 0.83 and a beta of 1.89.

Community Health Systems (NYSE:CYH - Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.30). Community Health Systems had a net margin of 3.78% and a negative return on equity of 7.62%. The company had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same quarter last year, the firm earned ($0.03) EPS. The business's revenue was down 6.1% on a year-over-year basis. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS.

Institutional Trading of Community Health Systems

Several large investors have recently bought and sold shares of the company. Y Intercept Hong Kong Ltd acquired a new position in shares of Community Health Systems during the 1st quarter worth $40,000. Oxford Asset Management LLP purchased a new position in Community Health Systems during the 4th quarter valued at about $45,000. Millennium Management LLC acquired a new position in Community Health Systems during the fourth quarter worth about $263,000. Engineers Gate Manager LP purchased a new stake in shares of Community Health Systems in the fourth quarter valued at about $204,000. Finally, Eversept Partners LP grew its position in shares of Community Health Systems by 14.3% in the fourth quarter. Eversept Partners LP now owns 7,943,802 shares of the company's stock valued at $24,785,000 after purchasing an additional 993,751 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Community Health Systems Company Profile

Community Health Systems, Inc NYSE: CYH is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company's core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.

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