In the latest session, Community Health Systems, Inc. (NYSE: CYH) closed at $2.79 down -1.76% from its previous closing price of $2.84. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 1385498 shares were traded. CYH stock price reached its highest trading level at $2.8850 during the session, while it also had its lowest trading level at $2.7650.
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 1.34 and its Current Ratio is at 1.50.
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 Mar-07-24, 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 381.50M and an Enterprise Value of 12.52B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 1.00 whereas that against EBITDA is 8.11.
Stock Price History:
Over the past 52 weeks, CYH has reached a high of $6.53, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 3.4634, while the 200-Day Moving Average is calculated to be 3.3512.
Shares Statistics:
For the past three months, CYH has traded an average of 2.78M shares per day and 3.35M over the past ten days. A total of 136.77M shares are outstanding, with a floating share count of 125.53M. Insiders hold about 8.20% of the company’s shares, while institutions hold 72.50% stake in the company. Shares short for CYH as of Feb 15, 2024 were 6.2M with a Short Ratio of 2.23, compared to 7.01M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.54% and a Short% of Float of 6.01%.
Dividends & Splits
The current Payout Ratio is 0.00% for CYH, which recently paid a dividend on Dec 28, 2012 with an ex-dividend date of Dec 13, 2012. Stock splits for the company last occurred on Apr 22, 2016 when the company split stock in a 121:100 ratio.
Earnings Estimates
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.21, while EPS last year was -$0.43. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.02 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.32 and -$0.55 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is $0.11, with 8 analysts recommending between $0.56 and -$0.24.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $3.09B this quarter.It ranges from a high estimate of $3.13B to a low estimate of $3.05B. As of the current estimate, Community Health Systems, Inc.’s year-ago sales were $3.11B, an estimated decrease of -0.50% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $3.09B, an increase of 1.80% over than the figure of -$0.50% in the same quarter last year. There is a high estimate of $3.14B for the next quarter, whereas the lowest estimate is $3.06B.
Based on 8 analysts’ estimates, the company’s revenue will be $13.01B in the next fiscal year. The high estimate is $13.14B and the low estimate is $12.73B. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.
