Community Health Systems (NYSE:CYH) is scheduled to release its earnings data after the market closes on Monday, February 19th. Analysts expect Community Health Systems to post earnings of ($0.36) per share for the quarter.
Shares of Community Health Systems (CYH) opened at $6.02 on Friday. Community Health Systems has a one year low of $3.85 and a one year high of $10.51. The stock has a market capitalization of $690.66, a P/E ratio of -1.03 and a beta of 1.52. The company has a current ratio of 2.05, a quick ratio of 1.86 and a debt-to-equity ratio of 10.62.
Several analysts have issued reports on the company. Wells Fargo & Co assumed coverage on Community Health Systems in a research note on Tuesday, January 30th. They set an “underperform” rating and a $4.50 price objective on the stock. Cantor Fitzgerald restated a “hold” rating and set a $6.00 price objective on shares of Community Health Systems in a research note on Thursday, February 1st. ValuEngine cut Community Health Systems from a “sell” rating to a “strong sell” rating in a research note on Saturday, February 3rd. Royal Bank of Canada restated a “hold” rating and set a $5.00 price objective on shares of Community Health Systems in a research note on Tuesday, November 7th. Finally, Zacks Investment Research cut Community Health Systems from a “hold” rating to a “sell” rating in a research note on Monday, December 18th. Eight research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $6.10.
In related news, major shareholder Tian Qiao Chen bought 406,069 shares of the stock in a transaction dated Thursday, December 21st. The stock was bought at an average cost of $4.00 per share, with a total value of $1,624,276.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have bought 1,980,484 shares of company stock valued at $7,878,489 over the last ninety days. Corporate insiders own 4.70% of the company’s stock.
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Community Health Systems Company Profile
Community 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.
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