Quarterly Snapshot: Quick and Current Ratios for Community Health Systems, Inc. (CYH)

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The closing price of Community Health Systems, Inc. (NYSE: CYH) was $5.44 for the day, up 2.06% from the previous closing price of $5.33. In other words, the price has increased by $2.06 from its previous closing price. On the day, 1.2 million shares were traded. CYH stock price reached its highest trading level at $5.505 during the session, while it also had its lowest trading level at $5.3.

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 1.32 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:

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:

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 755855360 and an Enterprise Value of 13429994496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is 9.919.

Stock Price History:

Over the past 52 weeks, CYH has reached a high of $5.48, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 28.61%, while the 200-Day Moving Average is calculated to be 55.75%.

Shares Statistics:

CYH traded an average of 1.70M shares per day over the past three months and 1101880 shares per day 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 75.01% stake in the company. Shares short for CYH as of 1723680000 were 7871589 with a Short Ratio of 4.62, compared to 1721001600 on 8105659. Therefore, it implies a Short% of Shares Outstanding of 7871589 and a Short% of Float of 6.260000000000001.

Earnings Estimates

At present, 9.0 analysts are actively evaluating the performance of Community Health Systems, Inc. (CYH) in the stock market.The consensus estimate for the next quarter is $0.08, with high estimates of $0.17 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.32 and -$0.55 for the fiscal current year, implying an average EPS of -$0.42. EPS for the following year is $0.28, with 7.0 analysts recommending between $0.69 and -$0.26.

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 $3.12B 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, 8 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 9 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 $12.59B. In the same quarter a year ago, actual revenue was $12.49BBased on 9 analysts’ estimates, the company’s revenue will be $13.12B in the next fiscal year. The high estimate is $13.28B and the low estimate is $13.01B.

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