Community Health Systems Company Profile (NYSE:CYH)

About Community Health Systems (NYSE:CYH)

Community Health Systems logoCommunity Health Systems, Inc. is an operator of general acute care hospitals and outpatient facilities in communities across the country. The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The Company provides healthcare services through the hospitals that it owns and operates and affiliated businesses in non-urban and selected urban markets throughout the United States. The services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. The Company also provides additional outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Healthcare Facilities & Services
  • Sub-Industry: Health Care Facilities
  • Symbol: NYSE:CYH
  • CUSIP: 20366810
  • Web: www.chs.net
Capitalization:
  • Market Cap: $739.05 million
  • Outstanding Shares: 111,935,000
Average Prices:
  • 50 Day Moving Avg: $7.03
  • 200 Day Moving Avg: $8.24
  • 52 Week Range: $4.15 - $10.60
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 128.80
  • P/E Growth: -1.76
Sales & Book Value:
  • Annual Revenue: $17.48 billion
  • Price / Sales: 0.04
  • Book Value: $11.60 per share
  • Price / Book: 0.56
Profitability:
  • EBITDA: $1.78 billion
  • Net Margins: -3.63%
  • Return on Equity: 0.07%
  • Return on Assets: 0.01%
Debt:
  • Debt-to-Equity Ratio: 10.55%
  • Current Ratio: 2.13%
  • Quick Ratio: 1.94%
Misc:
  • Average Volume: 3.97 million shs.
  • Beta: 1.58
  • Short Ratio: 6.47
 

Frequently Asked Questions for Community Health Systems (NYSE:CYH)

What is Community Health Systems' stock symbol?

Community Health Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "CYH."

How were Community Health Systems' earnings last quarter?

Community Health Systems, Inc. (NYSE:CYH) issued its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of $0.06 by $0.31. The business earned $4.14 billion during the quarter, compared to the consensus estimate of $4.14 billion. Community Health Systems had a positive return on equity of 0.07% and a negative net margin of 3.63%. Community Health Systems's revenue was down 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share. View Community Health Systems' Earnings History.

When will Community Health Systems make its next earnings announcement?

Community Health Systems is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Community Health Systems.

What guidance has Community Health Systems issued on next quarter's earnings?

Community Health Systems updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of ($0.30)-$0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.14. The company issued revenue guidance of $15.85-16.05 billion, compared to the consensus revenue estimate of $16.01 billion.

Where is Community Health Systems' stock going? Where will Community Health Systems' stock price be in 2017?

16 brokerages have issued twelve-month price objectives for Community Health Systems' shares. Their predictions range from $4.25 to $10.00. On average, they expect Community Health Systems' stock price to reach $7.13 in the next year. View Analyst Ratings for Community Health Systems.

What are analysts saying about Community Health Systems stock?

Here are some recent quotes from research analysts about Community Health Systems stock:

  • 1. According to Zacks Investment Research, "Community Health shares have underperformed the industry in last one year. The company severely suffers from revenue concentration  as it generates a significant part of its revenues from a selected number of states like Florida, Pennsylvania, Texas, Indiana and Tennessee. Its performance has been disappointing with revenues declining since past many years. Following lackluster second quarter results, the company has lowered its 2017 EPS guidance. It has seen the Zacks Consensus Estimate for 2017 and 2018 earnings being revised downward in the past 60 days." (10/3/2017)
  • 2. Cantor Fitzgerald analysts commented, "We are lowering our 2017 earnings estimate, initiating a 2018 estimate that is substantially higher and reiterating our Neutral rating. We are lowering our 2017 adjusted EPS estimate (diluted) to $0.70 (from $1.00) to reflect increased visibility of this year's headwinds, but initiating a 2018 estimate that reflects our view of the company's potential leverage as it restructures its portfolio and pays down debt. We are raising our price target to $8 (from $7) to reflect the divestitures CYH has already announced and the prices (about 10x EBITDA) that it is achieving. We expect CYH's downsizing will continue for quite awhile, increasing its focus on larger, more urban hospitals that we believe will enjoy better fundamentals. The shares traded up 34% today." (2/22/2017)
  • 3. Jefferies Group LLC analysts commented, "We give credit to CYH mgmt. for their success in aggressively adjusting the company’s cost structure, which translated into a good EBITDA beat in Q4 and in-line FY17 EBITDA guidance." (2/21/2017)

Who are some of Community Health Systems' key competitors?

Who are Community Health Systems' key executives?

Community Health Systems' management team includes the folowing people:

  • Wayne T. Smith, Chairman of the Board, Chief Executive Officer, and Director
  • Tim L. Hingtgen, President, Chief Operating Officer
  • Thomas J. Aaron, Chief Financial Officer, Executive Vice President
  • Martin J. Bonick, Division President - Division I Operations
  • Robert O. Horrar, Division President — Division III Operations
  • John W. McClellan, President - Division IV Operations
  • Michael T. Portacci, Division President - Division II Operations
  • Lynn T. Simon M.D., President - Clinical Services and Chief Quality Officer
  • Paul P. Smith, Division President — Division VI Operations
  • Kevin J. Hammons, Senior Vice President, Chief Accounting Officer

Who owns Community Health Systems stock?

Community Health Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors include SHANDA MEDIA LTD (22.10%), SHANDA MEDIA LTD (22.10%), Nationwide Fund Advisors (0.49%) and Fox Run Management L.L.C. (0.07%). Company insiders that own Community Health Systems stock include H Mitchell Watson Jr, James S Ely III, John A Clerico and Tian Qiao Chen. View Institutional Ownership Trends for Community Health Systems.

Who bought Community Health Systems stock? Who is buying Community Health Systems stock?

Community Health Systems' stock was purchased by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors and Fox Run Management L.L.C.. Company insiders that have bought Community Health Systems stock in the last two years include James S Ely III, John A Clerico and Tian Qiao Chen. View Insider Buying and Selling for Community Health Systems.

How do I buy Community Health Systems stock?

Shares of Community Health Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Community Health Systems' stock price today?

One share of Community Health Systems stock can currently be purchased for approximately $6.44.


MarketBeat Community Rating for Community Health Systems (NYSE CYH)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  382 (Vote Outperform)
Underperform Votes:  644 (Vote Underperform)
Total Votes:  1,026
MarketBeat's community ratings are surveys of what our community members think about Community Health Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Community Health Systems (NYSE:CYH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Sell Ratings, 11 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.81)
Consensus Price Target: $7.13 (10.79% upside)
Consensus Price Target History for Community Health Systems (NYSE:CYH)
Price Target History for Community Health Systems (NYSE:CYH)
Analysts' Ratings History for Community Health Systems (NYSE:CYH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/15/2017SunTrust Banks, Inc.Set Price TargetHold$7.00N/AView Rating Details
10/13/2017Piper Jaffray CompaniesReiterated RatingSell$6.00N/AView Rating Details
10/12/2017MizuhoReiterated RatingHold$7.00N/AView Rating Details
10/12/2017Jefferies Group LLCReiterated RatingHold$7.00N/AView Rating Details
10/4/2017Robert W. BairdReiterated RatingHold$7.00HighView Rating Details
9/7/2017KeyCorpReiterated RatingHoldLowView Rating Details
8/16/2017Cantor FitzgeraldReiterated RatingNeutral$8.00 -> $7.00LowView Rating Details
8/4/2017Royal Bank Of CanadaReiterated RatingHold$7.00LowView Rating Details
8/3/2017Deutsche Bank AGLower Price TargetHold$13.00 -> $8.00LowView Rating Details
6/6/2017Morgan StanleyInitiated CoverageUnderweight -> Underweight$9.50LowView Rating Details
1/9/2017Barclays PLCReiterated RatingHold$7.00N/AView Rating Details
11/11/2016Credit Suisse GroupDowngradeNeutral -> Underperform$7.00 -> $4.25N/AView Rating Details
11/6/2016Susquehanna Bancshares IncReiterated RatingPositive$18.00 -> $10.00N/AView Rating Details
10/26/2016Avondale PartnersReiterated RatingMarket PerformN/AView Rating Details
10/27/2016Bank of America CorporationReiterated RatingUnderperform$10.00 -> $6.00N/AView Rating Details
10/25/2016Wolfe ResearchInitiated CoverageMarket PerformN/AView Rating Details
10/4/2016Leerink SwannReiterated RatingHoldN/AView Rating Details
10/1/2016Citigroup Inc.Set Price TargetHold$12.00N/AView Rating Details
6/13/2016Ladenburg Thalmann Financial ServicesUpgradeNot Rated -> UnderperformN/AView Rating Details
6/1/2016Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformN/AView Rating Details
5/3/2016Oppenheimer Holdings, Inc.Reiterated RatingBuyN/AView Rating Details
2/23/2016BMO Capital MarketsLower Price TargetMarket Perform$18.00N/AView Rating Details
2/17/2016J P Morgan Chase & CoLower Price TargetNeutral$30.00 -> $15.00N/AView Rating Details
2/17/2016Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$25.00 -> $22.00N/AView Rating Details
2/17/2016WedbushReiterated RatingNeutral$27.00 -> $18.00N/AView Rating Details
1/4/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Community Health Systems (NYSE:CYH)
Earnings by Quarter for Community Health Systems (NYSE:CYH)
Earnings History by Quarter for Community Health Systems (NYSE CYH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
8/1/2017Q2 2017$0.06($0.25)$4.14 billion$4.14 billionViewListenView Earnings Details
5/1/2017Q1 2017$0.06$0.08$4.33 billion$4.49 billionViewListenView Earnings Details
2/20/2017Q416$0.14$0.46$4.42 billion$4.47 billionViewN/AView Earnings Details
11/1/2016Q3$0.29($0.35)$4.30 billion$4.38 billionViewN/AView Earnings Details
8/2/2016Q2$0.56$0.09$4.53 billion$4.59 billionViewN/AView Earnings Details
5/2/2016Q1$0.74$0.27$5.01 billion$5.00 billionViewListenView Earnings Details
2/15/2016Q4$0.95($0.28)$4.99 billion$4.80 billionViewListenView Earnings Details
11/2/2015Q315$0.56$0.56$5.00 billion$4.85 billionViewListenView Earnings Details
8/3/2015Q215$0.89$1.14$5.03 billion$4.88 billionViewListenView Earnings Details
5/5/2015Q115$0.66$0.85$5.00 billion$4.91 billionViewListenView Earnings Details
2/19/2015Q4$1.18$1.23$5.02 billion$4.92 billionViewListenView Earnings Details
11/3/2014Q314$0.75$1.00$4.92 billion$4.80 billionViewListenView Earnings Details
7/31/2014Q214$0.34$0.74$4.87 billion$4.78 billionViewN/AView Earnings Details
5/6/2014Q214$0.21$0.27$4.31 billion$4.20 billionViewListenView Earnings Details
2/27/2014Q114$1.00$0.49$3.23 billion$3.20 billionViewListenView Earnings Details
10/31/2013Q413$0.69$0.72$3.26 billion$3.22 billionViewListenView Earnings Details
7/29/2013Q2 2013$0.33$0.32$3.32 billion$3.24 billionViewListenView Earnings Details
4/29/2013Q1 2013$0.85$0.87$3.38 billion$3.78 billionViewListenView Earnings Details
2/21/2013Q4 2012$0.85$0.85$3.25 billion$3.28 billionViewListenView Earnings Details
10/30/2012$0.84$0.86ViewN/AView Earnings Details
7/25/2012$0.89$0.93ViewN/AView Earnings Details
4/26/2012$0.86$0.85ViewN/AView Earnings Details
2/21/2012$0.83$0.85ViewN/AView Earnings Details
10/26/2011$0.78$0.83ViewN/AView Earnings Details
7/28/2011$0.79$0.81ViewN/AView Earnings Details
4/27/2011$0.79$0.67ViewN/AView Earnings Details
2/24/2011$0.73$0.76ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Community Health Systems (NYSE:CYH)
2017 EPS Consensus Estimate: $0.28
2018 EPS Consensus Estimate: $0.73
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20176($0.14)$0.42$0.13
Q2 20176($0.29)$0.49$0.09
Q3 20176($0.33)$0.65($0.11)
Q4 20176($0.10)$0.58$0.17
Q1 20182$0.10$0.18$0.14
Q2 20182$0.01$0.12$0.07
Q3 20182$0.00$0.05$0.03
Q4 20182$0.21$0.79$0.50
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Community Health Systems (NYSE:CYH)
Most Recent Dividend:12/28/2012
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Community Health Systems (NYSE:CYH)

Dividend History by Quarter for Community Health Systems (NYSE CYH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/9/2012special$0.2512/13/201212/17/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Community Health Systems (NYSE:CYH)
Insider Ownership Percentage: 4.70%
Institutional Ownership Percentage: 94.28%
Insider Trades by Quarter for Community Health Systems (NYSE:CYH)
Institutional Ownership by Quarter for Community Health Systems (NYSE:CYH)
Insider Trades by Quarter for Community Health Systems (NYSE:CYH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Tian Qiao ChenMajor ShareholderBuy9,766,897$7.27$71,005,341.19View SEC Filing  
2/24/2017H Mitchell Watson JrDirectorSell1,732$9.24$16,003.68View SEC Filing  
9/26/2016Tian Qiao ChenMajor ShareholderBuy929,813$10.27$9,549,179.51View SEC Filing  
6/13/2016H Mitchell Watson JrDirectorSell5,600$13.42$75,152.00View SEC Filing  
2/18/2016James S Ely IIIDirectorBuy10,000$14.69$146,900.00View SEC Filing  
11/5/2015James S Ely IIIDirectorBuy10,000$29.25$292,500.00View SEC Filing  
11/4/2015John A ClericoDirectorBuy10,000$27.62$276,200.00View SEC Filing  
10/22/2015Glenview Capital Management, LMajor ShareholderSell279,074$28.33$7,906,166.42View SEC Filing  
8/27/2015H Mitchell Watson JrDirectorSell2,000$54.01$108,020.00View SEC Filing  
6/3/2015Martin Dewayne SmithInsiderSell8,000$54.81$438,480.00View SEC Filing  
5/27/2015H Mitchell Watson JrDirectorSell2,500$54.91$137,275.00View SEC Filing  
3/3/2015Kevin J HammonsCAOSell18,640$49.68$926,035.20View SEC Filing  
3/2/2015William S HusseyInsiderSell9,699$49.95$484,465.05View SEC Filing  
2/27/2015Michael T PortacciInsiderSell50,000$48.56$2,428,000.00View SEC Filing  
2/26/2015Michael T PortacciInsiderSell50,000$44.00$2,200,000.00View SEC Filing  
2/25/2015W Larry CashCFOSell195,000$47.82$9,324,900.00View SEC Filing  
12/12/2014H Mitchell Watson JrDirectorSell3,000$51.84$155,520.00View SEC Filing  
12/12/2014Martin Dewayne SmithInsiderSell1,500$51.17$76,755.00View SEC Filing  
12/12/2014Wayne T SmithCEOSell437,000$51.42$22,470,540.00View SEC Filing  
9/3/2014William Norris JenningsDirectorSell4,821$53.80$259,369.80View SEC Filing  
8/26/2014David Lewis MillerCOOSell100,000$52.89$5,289,000.00View SEC Filing  
8/26/2014Julia B NorthDirectorSell5,371$51.95$279,023.45View SEC Filing  
8/25/2014Wayne T SmithCEOSell83,796$51.67$4,329,739.32View SEC Filing  
8/21/2014Kevin J HammonsCAOSell14,681$51.28$752,841.68View SEC Filing  
8/21/2014Rachel A SeifertVPSell40,000$51.44$2,057,600.00View SEC Filing  
8/21/2014W Larry CashCFOSell51,472$51.02$2,626,101.44View SEC Filing  
8/20/2014H Mitchell Watson JrDirectorSell6,334$51.00$323,034.00View SEC Filing  
8/7/2014Michael T PortacciInsiderSell15,333$48.75$747,483.75View SEC Filing  
8/5/2014Tim HingtgenInsiderSell2,369$48.46$114,801.74View SEC Filing  
6/6/2014William S HusseyInsiderSell100,000$45.03$4,503,000.00View SEC Filing  
5/28/2014Lynn T SimonInsiderSell4,902$41.75$204,658.50View SEC Filing  
5/27/2014Martin Dewayne SmithInsiderSell25,000$42.01$1,050,250.00View SEC Filing  
5/23/2014Michael PortacciInsiderSell4,840$41.00$198,440.00View SEC Filing  
3/14/2014H Mitchell Watson, Jr.DirectorSell2,215$36.14$80,050.10View SEC Filing  
2/26/2014Kevin HammonsCAOSell3,000$41.33$123,990.00View SEC Filing  
11/25/2013H Mitchell Watson, Jr.DirectorSell3,154$42.20$133,098.80View SEC Filing  
11/4/2013Michael T PortacciInsiderSell20,000$43.75$875,000.00View SEC Filing  
8/2/2013Thomas Daniel MillerInsiderSell114,000$45.61$5,199,540.00View SEC Filing  
5/23/2013John A FryDirectorSell15,000$43.00$645,000.00View SEC Filing  
5/14/2013H Mitchell Watson JrDirectorSell3,760$45.84$172,358.40View SEC Filing  
5/10/2013Martin Dewayne SmithInsiderSell30,000$46.12$1,383,600.00View SEC Filing  
5/8/2013David Lewis MillerInsiderSell60,000$45.73$2,743,800.00View SEC Filing  
5/2/2013Michael T PortacciInsiderSell24,846$44.82$1,113,597.72View SEC Filing  
9/6/2012William S HusseyInsiderSell150,000$27.27$4,090,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Community Health Systems (CYH) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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