Variations in analysts’ EPS estimates for Community Health Systems Inc. (CYH)

Community Health Systems Inc. (NYSE: CYH) closed the day trading at $3.23 down -5.83% from the previous closing price of $3.43. In other words, the price has decreased by -$0.2000 from its previous closing price. On the day, 1959033 shares were traded. CYH stock price reached its highest trading level at $3.4800 during the session, while it also had its lowest trading level at $3.2100.

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For a better understanding of CYH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.50.

Upgrades & Downgrades

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 02 when SMITH WAYNE T bought 800,000 shares for $2.94 per share. The transaction valued at 2,352,000 led to the insider holds 4,059,196 shares of the business.

SMITH WAYNE T bought 200,000 shares of CYH for $600,000 on Aug 01. The Executive Chairman now owns 3,259,196 shares after completing the transaction at $3.00 per share. On Jun 02, another insider, Ely James S. III, who serves as the Director of the company, bought 10,000 shares for $5.00 each. As a result, the insider paid 50,000 and bolstered with 301,299 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYH now has a Market Capitalization of 851.97M and an Enterprise Value of 13.12B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is 7.76.

Stock Price History:

Over the past 52 weeks, CYH has reached a high of $8.01, while it has fallen to a 52-week low of $1.88. The 50-Day Moving Average of the stock is 4.6764, while the 200-Day Moving Average is calculated to be 4.0017.

Shares Statistics:

Over the past 3-months, CYH traded about 1.92M shares per day on average, while over the past 10 days, CYH traded about 1.48M shares per day. A total of 129.69M shares are outstanding, with a floating share count of 126.20M. Insiders hold about 3.10% of the company’s shares, while institutions hold 82.50% stake in the company. Shares short for CYH as of Apr 27, 2023 were 8.95M with a Short Ratio of 8.95M, compared to 11.09M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.54% and a Short% of Float of 8.67%.

Dividends & Splits

The current Payout Ratio is 0.00% for CYH, which recently paid a dividend on Dec 27, 2012 with an ex-dividend date of Dec 12, 2012. Stock splits for the company last occurred on Apr 21, 2016 when the company split stock in a 121:100 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of -$0.25 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.37, while EPS last year was -$2.52. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.03 and low estimates of -$0.2.

Analysts are recommending an EPS of between -$0.3 and -$0.77 for the fiscal current year, implying an average EPS of -$0.55. EPS for the following year is $0.41, with 9 analysts recommending between $1.34 and -$0.44.

Revenue Estimates

9 analysts predict $3.04B in revenue for the current quarter. It ranges from a high estimate of $3.08B to a low estimate of $2.97B. As of the current estimate, Community Health Systems Inc.’s year-ago sales were $2.93B, an estimated increase of 3.50% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $3.06B, an increase of 0.90% less than the figure of $3.50% in the same quarter last year. There is a high estimate of $3.08B for the next quarter, whereas the lowest estimate is $3.05B.

A total of 10 analysts have provided revenue estimates for CYH’s current fiscal year. The highest revenue estimate was $12.45B, while the lowest revenue estimate was $12.31B, resulting in an average revenue estimate of $12.4B. In the same quarter a year ago, actual revenue was $12.21B, up 1.50% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $12.99B in the next fiscal year. The high estimate is $13.24B and the low estimate is $12.82B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.