The closing price of Community Health Systems, Inc. (NYSE: CYH) was $2.91 for the day, down -3.00% from the previous closing price of $3.00. On the day, 1968840 shares were traded.
Ratios:
Our analysis of CYH’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03.
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.
Shares Statistics:
A total of 136.77M shares are outstanding, with a floating share count of 123.84M. Insiders hold about 9.43% of the company’s shares, while institutions hold 72.47% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by 8 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
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. 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.
