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) posted its earnings results on Tuesday, August, 1st. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.31. The business had revenue of $4.14 billion for 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 for the quarter was down 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 earnings per share. 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 updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) 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 brokerages have issued 12 month price targets for Community Health Systems' shares. Their forecasts range from $4.25 to $10.00. On average, they anticipate Community Health Systems' stock price to reach $7.13 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 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)

Community Health Systems saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 26,844,868 shares, an increase of 16.6% from the August 15th total of 23,032,378 shares. Based on an average daily volume of 2,920,660 shares, the days-to-cover ratio is presently 9.2 days. Approximately 24.5% of the shares of the company are sold short.

Some companies that are related to Community Health Systems include China Cord Blood Corporation (CO), HealthStream (HSTM), Kindred Healthcare (KND), Georgia Healthcare Group PLC (GHG), American Renal Associates Holdings (ARA), Cambian Group PLC (CMBN), Concord Medical Services Holdings Limited (CCM), Nobilis Health Corp (HLTH), The Joint Corp. (JYNT), Cancer Genetics (CGIX), 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%) and SHANDA MEDIA LTD (22.10%). 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.

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 $5.90.