Community Health Systems (CYH) Scheduled to Post Quarterly Earnings on Tuesday

Community Health Systems (NYSE:CYH) will be issuing its quarterly earnings data after the market closes on Tuesday, February 27th. Analysts expect the company to announce earnings of ($0.34) per share for the quarter.

Community Health Systems (NYSE CYH) opened at $6.02 on Tuesday. The company has a current ratio of 2.05, a quick ratio of 1.86 and a debt-to-equity ratio of 10.62. Community Health Systems has a 52-week low of $3.85 and a 52-week high of $10.51.

CYH has been the subject of a number of research analyst reports. ValuEngine raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Goldman Sachs Group initiated coverage on shares of Community Health Systems in a research report on Wednesday, January 3rd. They set a “sell” rating and a $3.00 price objective for the company. Cantor Fitzgerald reaffirmed a “hold” rating and set a $6.00 price objective on shares of Community Health Systems in a research report on Sunday, November 5th. Zacks Investment Research lowered shares of Community Health Systems from a “hold” rating to a “sell” rating in a research report on Monday, December 18th. Finally, Citigroup dropped their price target on shares of Community Health Systems from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Friday, November 3rd. Eight analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $6.10.

In other Community Health Systems news, major shareholder Tian Qiao Chen purchased 995,551 shares of the company’s stock in a transaction that occurred on Wednesday, January 10th. The stock was purchased at an average price of $3.97 per share, with a total value of $3,952,337.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders purchased 1,980,484 shares of company stock valued at $7,878,489 in the last three months. Company 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.

Earnings History for Community Health Systems (NYSE:CYH)

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