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) issued its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of $0.06 by $0.31. The firm had revenue of $4.14 billion for the quarter, compared to analysts' expectations of $4.14 billion. Community Health Systems had a negative net margin of 3.63% and a positive return on equity of 0.07%. Community Health Systems's revenue was down 9.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.09 EPS. View Community Health Systems' Earnings History.

Community Health Systems is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Community Health Systems.

Community Health Systems issued an update on 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 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.

16 equities research analysts have issued 1-year price objectives for Community Health Systems' stock. Their forecasts range from $4.25 to $12.00. On average, they expect Community Health Systems' share price to reach $7.67 in the next year. 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 reported adjusted loss of 25 cents per share in the second quarter of 2017, which was narrower than the Zacks Consensus Estimate of a loss of 26 cents. Over last one year, the stock has lost 44%, against the industry’s decline of only 4%. The company severely suffers from rising level of debt that not only increases its financial risk but also raises the interest expenses. The company has lowered its guidance in the second quarter which might put the share price under pressure. 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. However, the company’s inorganic growth via accretive acquisitions and strategic divestures has been adding to its top line over the past few years." (8/2/2017)
• 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)

Community Health Systems saw a increase in short interest in July. As of July 31st, there was short interest totalling 20,636,482 shares, an increase of 31.2% from the July 14th total of 15,731,925 shares. Based on an average daily trading volume, of 4,427,983 shares, the days-to-cover ratio is currently 4.7 days. Currently, 18.8% of the company's stock are sold short.

Some companies that are related to Community Health Systems include Tenet Healthcare Corporation (THC), China Cord Blood Corporation (CO), HMS Holdings Corp (HMSY), HealthStream (HSTM), Kindred Healthcare (KND), 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 variety of of retail and institutional investors. Top institutional shareholders include SHANDA MEDIA LTD (22.10%), BlackRock Inc. (12.81%), Vanguard Group Inc. (9.27%), Dimensional Fund Advisors LP (4.43%), State Street Corp (2.91%) and Cyrus Capital Partners L.P. (2.51%). 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 Thrivent Financial For Lutherans, PointState Capital LP, Goldman Sachs Group Inc., Alliancebernstein L.P., BlackRock Inc., LSV Asset Management, Cyrus Capital Partners L.P. and Acadian Asset Management LLC. View Insider Buying and Selling for Community Health Systems.

Community Health Systems' stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Franklin Resources Inc., QS Investors LLC, Gotham Asset Management LLC, Vanguard Group Inc., Chartwell Investment Partners LLC, Parametric Portfolio Associates LLC and Marshall Wace North America L.P.. 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 $7.64.