After finishing at $2.86 in the prior trading day, Community Health Systems, Inc. (NYSE: CYH) closed at $2.80, down -2.10%. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 981433 shares were traded.
Ratios:
Our goal is to gain a better understanding of CYH by taking a closer look at its different 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 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:
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 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 391.07M and an Enterprise Value of 12.53B. 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 3.4356, while the 200-Day Moving Average is calculated to be 3.3409.
Shares Statistics:
The stock has traded on average 2.71M shares per day over the past 3-months and 1.51M shares per day over the last 10 days, according to various share statistics. A total of 136.77M shares are outstanding, with a floating share count of 124.59M. Insiders hold about 8.89% 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 2.29, 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
Its stock is currently analyzed by 8 different market analysts. 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 $0.14, with 9 analysts recommending between $0.56 and -$0.24.
Revenue Estimates
8 analysts predict $3.09B in revenue for the current 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.
