Community Health Systems Inc. [CYH] Revenue clocked in at $12.39 billion, down -80.77% YTD: What’s Next?
Community Health Systems Company [NYSE: CYH] The trading session closed at $2.56 on 09/22/22. Today’s price range saw the stock record a low of $2.54, while a high of $2.70. Company report on 27 July 2022 Community Health Systems, Inc. For the results of the second quarter ended June 30, 2022.
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Community Health Systems Inc. (NYSE: CYH) (the “Company”) today announced its financial and operating results for the three and six months ended June 30, 2022.
The following highlights the financial and operating results for the three months ended June 30, 2022.
The stock has a year-to-date performance of -80.77 percent and a weekly performance of -13.51 percent. The stock has moved at -77.52 percent over the past six months. The stock has performed -15.51 percent in the last 30 days and changed -38.01 percent in the last three months.
If compared to the average trading volume of 3.14 million shares, CYH reached a volume of 24,39471 on the last trading day, which is why market watchers consider the stock to be active.
Here’s what leading stock market experts are saying about Community Health Systems Inc. [CYH]:
Based on careful, fact-backed analysis by Wall Street experts, the current consensus on a target price for CYH shares is $5.52 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for CYH stock is a set recommendation at 2.40. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Loop Capital has made an appreciation for the shares of Community Health Systems Inc. and maintained its opinion on the stock as a hold, with their previous recommendation back on June 17, 2022. While these analysts held the previous recommendation, BofA Securities lowered its price target from $7.50. to $5.50. The new note to price target was released on June 15, 2022, which is the official target price for the stock of Community Health Systems Inc. Previously, the target price had had another boost to $12, while Wells Fargo analysts held an equal weight rating on CYH stock. On January 10, 2022, analysts raised their target price for CYH shares from 16 to 18.
The Average True Range (ATR) was set by Community Health Systems Inc. at 0.19, with a price-to-sales ratio for CYH stock in the past 12-month period at 0.03.
CYH stock trading performance evaluation
Community Health Systems Company [CYH] It fell into the red at the end of last week, fell in a negative direction and fell by -13.51. With this latest performance, CYH shares are down -15.51% over the past four-week period, as well as down -77.52% over the past six months — not to mention a -77.10% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for CYH stock for the past two weeks was set at 34.87, with the RSI for the last one trading at 29.29, and the three-week RSI at 37.22 for Community Health Systems Inc. [CYH]. The current moving average for the last 50 trading days of this stock is 3.35, while it recorded at 2.78 for the last trading week, and 8.11 for the last 200 days.
Community Health Systems Company [CYH]: Insight into the basic fundamentals
Operating margin for any stock indicates how profitable the investment is, and Community Health Systems Inc. [CYH] The stock currently has an operating margin of +10.37 and a gross margin of +10.37. Net margin reported to Community Health Systems Inc. Currently at +1.86.
The liquidity data of Community Health Systems Inc. Interesting too, with the quick ratio at 1.30 and the current ratio at 1.50.
Earnings per share (EPS) analysis for Community Health Systems Inc. [CYH] stock
The company’s progress can be seen through the prism of EPS growth, while Wall Street analysts focus on forecasting CYH’s 5-year EPS growth rate. When it comes to the stated value, analysts expect 5-year EPS growth to rise for Community Health Systems Inc. to -5.75%.
Community Health Systems Company [CYH]: Insiders ownership positions
There are currently approximately $306 million, or 89.40% of CYH’s stock, in the hands of institutional investors. The three largest CYH shareholders are: BLACKROCK INC. With ownership of 19,950,143, which is approximately 2.759% of the company’s market capitalization and about 3.40% of the total institutional ownership; VANGUARD GROUP INC, which owns 9,473,819 shares of stock with an approximate value of $24.25 million in CYH stock; and FRANKLIN RESOURCES INC, currently with $21.77 million in CYH stock with ownership of approximately -19.038% of the company’s market capitalization.
141 enterprise owners have increased their status at Community Health Systems Inc. [NYSE:CYH] About 2,6755,573 shares. In addition, 80 investors decreased their positions by 14,100,594 shares, while 34 investors held positions with 78,536,481 shares. The said changes put institutional holdings at 1,193,92,648 shares, according to the latest report from the Securities and Exchange Commission. CYH had 44 new institutional investments totaling 3,951,481 shares, while 30 institutional investors sold positions worth 4,986,164 shares during the same period.