Community Health Systems Company Profile (NYSE:CYH)

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

Community Health Systems, Inc. (NYSE:CYH) released its earnings results on Monday, May, 1st. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.02. The company had revenue of $4.49 billion for the quarter, compared to analysts' expectations of $4.33 billion. Community Health Systems had a negative net margin of 10.77% and a positive return on equity of 1.79%. Community Health Systems's revenue for the quarter was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.27 EPS. View Community Health Systems' Earnings History.

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

16 analysts have issued 1 year target prices for Community Health Systems' shares. Their forecasts range from $4.25 to $13.00. On average, they expect Community Health Systems' share price to reach $8.59 in the next twelve months. View Analyst Ratings for Community Health Systems.

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

• 1. According to Zacks Investment Research, "Community Health Systems’ inorganic growth via accretive acquisitions and strategic divestures has been acretive to the company's top-line over the past few years. Well reflective of the company’s strong fundamentals, the stock gained 67% year to date, outperforming the Zacks Categorized Hospitals industry’s increase of 16%. However, rising debt level raise concerns and it faces uncertainty over regulatory reforms. Revenue concentration is another major headwind as the company generates a significant part of its revenues from a selected number of states like Florida, Pennsylvania, Texas, Indiana and Tennessee. The Zacks Consensus Estimate for the current quarter, current year and also the next year has gone down significantly in the past 30 days. The company is set to release its second quarter results on Aug 1, after the market closes." (7/21/2017)
• 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)

Some companies that are related to Community Health Systems include Tenet Healthcare Corporation (THC), HMS Holdings Corp (HMSY), Kindred Healthcare (KND), China Cord Blood Corporation (CO), HealthStream (HSTM), American Renal Associates Holdings (ARA), Georgia Healthcare Group PLC (GHG), Cambian Group PLC (CMBN), Concord Medical Services Holdings Limited (CCM), Nobilis Health Corp (HLTH), Cancer Genetics (CGIX), The Joint Corp. (JYNT), Streamline Health Solutions (STRM), Air Methods Corp (AIRM), Surgical Care Affiliates (SCAI) and TeamHealth Holdings (TMH).

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

Community Health Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (0.44%), Aperio Group LLC (0.13%), Russell Investments Group Ltd. (0.08%), Louisiana State Employees Retirement System (0.04%), Horrell Capital Management Inc. (0.02%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Community Health Systems stock include Glenview Capital Management, L, H Mitchell Watson Jr, James S Ely III, John A Clerico and Tian Qiao Chen. View Institutional Ownership Trends for Community Health Systems.

Community Health Systems' stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd. and Aperio Group LLC. View Insider Buying and Selling for Community Health Systems.

Community Health Systems' stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., State of Alaska Department of Revenue, Bank of Montreal Can, Municipal Employees Retirement System of Michigan, Horrell Capital Management Inc., Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. 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.

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.

One share of Community Health Systems stock can currently be purchased for approximately $8.46.