In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Community Health Systems, Inc. (NYSE: CYH) closed at $5.55 up 1.09% from its previous closing price of $5.49. In other words, the price has increased by $1.09 from its previous closing price. On the day, 1.96 million shares were traded. CYH stock price reached its highest trading level at $5.5951 during the session, while it also had its lowest trading level at $5.364.
Ratios:
For a deeper understanding of Community Health Systems, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on March 06, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $3.
On June 17, 2022, Loop Capital started tracking the stock assigning a Hold rating and target price of $5.
BofA Securities Downgraded its Buy to Neutral on June 15, 2022, whereas the target price for the stock was revised from $7.50 to $5.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 31 ’23 when SMITH WAYNE T bought 1,000,000 shares for $2.11 per share. The transaction valued at 2,110,000 led to the insider holds 5,107,901 shares of the business.
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 771139200 and an Enterprise Value of 13436612608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 1.071 whereas that against EBITDA is 9.924.
Stock Price History:
Over the past 52 weeks, CYH has reached a high of $6.29, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 0.15%, while the 200-Day Moving Average is calculated to be 36.95%.
Shares Statistics:
For the past three months, CYH has traded an average of 1.54M shares per day and 1549540 over the past ten days. A total of 136.77M shares are outstanding, with a floating share count of 122.32M. Insiders hold about 11.96% of the company’s shares, while institutions hold 73.54% stake in the company. Shares short for CYH as of 1727654400 were 6878106 with a Short Ratio of 4.45, compared to 1724976000 on 8141609. Therefore, it implies a Short% of Shares Outstanding of 6878106 and a Short% of Float of 5.47.
Earnings Estimates
The current rating of Community Health Systems, Inc. (CYH) is the result of assessments by 8.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.08, with high estimates of $0.17 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.32 and -$0.53 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is $0.22, with 6.0 analysts recommending between $0.5 and -$0.24.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $3.08B this quarter.It ranges from a high estimate of $3.12B to a low estimate of $3.06B. As of the current estimate, Community Health Systems, Inc.’s year-ago sales were $3.06BFor the next quarter, 7 analysts are estimating revenue of $3.24B. There is a high estimate of $3.27B for the next quarter, whereas the lowest estimate is $3.22B.
A total of 8 analysts have provided revenue estimates for CYH’s current fiscal year. The highest revenue estimate was $12.64B, while the lowest revenue estimate was $12.56B, resulting in an average revenue estimate of $12.6B. In the same quarter a year ago, actual revenue was $12.49BBased on 8 analysts’ estimates, the company’s revenue will be $13.09B in the next fiscal year. The high estimate is $13.28B and the low estimate is $12.91B.
