Community Health Systems (NYSE:CYH) Announces Quarterly Earnings Results

Community Health Systems (NYSE:CYH) announced its earnings results on Tuesday. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.51), Zacks reports. Community Health Systems updated its FY 2025 guidance to -0.550-0.000 EPS.

Community Health Systems Trading Down 1.0 %

CYH stock traded down $0.04 during trading on Tuesday, reaching $3.35. 3,698,266 shares of the stock were exchanged, compared to its average volume of 2,219,899. The firm’s 50 day moving average is $3.21 and its 200 day moving average is $4.29. Community Health Systems has a twelve month low of $2.51 and a twelve month high of $6.29. The firm has a market cap of $464.79 million, a P/E ratio of -1.11 and a beta of 1.63.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Raymond James downgraded Community Health Systems from a “market perform” rating to an “underperform” rating in a research note on Friday, November 22nd. Truist Financial dropped their price objective on Community Health Systems from $5.00 to $3.50 and set a “hold” rating on the stock in a research note on Monday, January 6th. StockNews.com downgraded Community Health Systems from a “hold” rating to a “sell” rating in a research note on Monday, November 25th. Barclays boosted their price objective on Community Health Systems from $3.00 to $5.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company downgraded Community Health Systems from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $5.00 to $2.50 in a research note on Monday, November 25th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $4.52.

About Community Health Systems

Community Health Systems, Inc owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services.