Community Health Systems (NYSE:CYH) Issues Quarterly Earnings Results

Community Health Systems (NYSE:CYH) announced its quarterly earnings data on Tuesday. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.51), Zacks reports. Community Health Systems updated its FY 2025 guidance to -0.550-0.000 EPS.

Community Health Systems Price Performance

CYH stock traded down $0.04 during midday trading on Tuesday, reaching $3.35. 3,698,266 shares of the stock were exchanged, compared to its average volume of 2,219,899. The stock has a market capitalization of $464.79 million, a PE ratio of -1.11 and a beta of 1.63. Community Health Systems has a 52 week low of $2.51 and a 52 week high of $6.29. The company has a fifty day moving average price of $3.21 and a 200 day moving average price of $4.29.

Analyst Ratings Changes

Several equities analysts have weighed in on CYH shares. Barclays lifted their price objective on Community Health Systems from $3.00 to $5.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. Raymond James lowered Community Health Systems from a “market perform” rating to an “underperform” rating in a research note on Friday, November 22nd. Truist Financial decreased their price target on Community Health Systems from $5.00 to $3.50 and set a “hold” rating on the stock in a research note on Monday, January 6th. StockNews.com lowered Community Health Systems from a “hold” rating to a “sell” rating in a research note on Monday, November 25th. Finally, Wells Fargo & Company lowered Community Health Systems from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $5.00 to $2.50 in a research note on Monday, November 25th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.52.

About Community Health Systems

Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services.