Community Health Systems (NYSE:CYH – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of -1.700–1.600 for the period, compared to the consensus estimate of -1.100. The company issued revenue guidance of $11.3 billion-$11.5 billion, compared to the consensus revenue estimate of $11.4 billion.
Community Health Systems Trading Down 0.6%
CYH stock traded down $0.01 during mid-day trading on Friday, reaching $2.40. 511,115 shares of the stock traded hands, compared to its average volume of 1,598,756. The stock’s fifty day moving average is $2.88 and its 200-day moving average is $3.04. The company has a market cap of $337.72 million, a P/E ratio of 9.21 and a beta of 1.88. Community Health Systems has a 52-week low of $2.19 and a 52-week high of $4.20.
Community Health Systems (NYSE:CYH – Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.19). Community Health Systems had a net margin of 0.31% and a negative return on equity of 6.66%. The business had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.80 billion. During the same quarter in the previous year, the company earned $1.27 EPS. Community Health Systems’s revenue for the quarter was down 10.7% on a year-over-year basis. Equities research analysts expect that Community Health Systems will post -0.86 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. UBS Group lowered their price objective on shares of Community Health Systems from $3.20 to $3.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. BMO Capital Markets began coverage on Community Health Systems in a research note on Tuesday, September 22nd. They issued a “market perform” rating and a $3.00 price objective on the stock. Royal Bank Of Canada dropped their target price on shares of Community Health Systems from $5.00 to $4.00 and set an “outperform” rating for the company in a research note on Monday, July 27th. Weiss Ratings downgraded shares of Community Health Systems from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 14th. Finally, Barclays cut their price target on Community Health Systems from $3.00 to $2.50 and set an “underweight” rating on the stock in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Community Health Systems has an average rating of “Reduce” and an average price target of $2.96.
View Our Latest Stock Report on Community Health Systems
Insiders Place Their Bets
In other news, Director William Jennings sold 40,000 shares of Community Health Systems stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $2.96, for a total value of $118,400.00. Following the sale, the director directly owned 38,468 shares in the company, valued at $113,865.28. This trade represents a 50.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.10% of the stock is currently owned by company insiders.
About Community Health Systems
Community Health Systems, Inc (NYSE: CYH) is a healthcare services company that owns, leases, and operates general acute-care hospitals and related healthcare facilities in the United States. The company focuses primarily on serving communities in small cities and non-urban markets, providing access to hospital-based and outpatient care.
Its services generally include emergency care, inpatient and outpatient treatment, surgery, diagnostic imaging, laboratory services, rehabilitation, and other clinical programs.
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