What Are Analysts Opinions On Community Health Systems, Inc. (CYH)

Lloyd Doyle
January 13, 2018

Community Health Systems (NYSE:CYH) traded down $0.05 during trading hours on Friday, reaching $4.92.

On the other hand the company has Relative Strength Index (RSI 14) of 67.28 along with Average True Range (ATR 14) of 0.27, Consequently Community Health Systems (NYSE:CYH)'s weekly and monthly volatility is 7.58%, 5.41% respectively. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. A company's dividend is mostly determined by its board of directors and it requires the shareholders' approval. According to today's trading volume Community Health Systems, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The stock was acquired at an average price of $3.96 per share, for a total transaction of $396,649.44.

Community Health Systems (NYSE:CYH) shares traded on 23.63% above secure line and closed at $4.97.

In the transaction dated December 21, 2017, the great number of shares acquired came courtesy the 10% Owner; Chen Tian Qiao added a total of 406,069 shares at an average price of $4, amounting to approximately $1,624,276. (NYSE:CYH) touched its 1-Year High price of $10.51 on 05/02/17 and its 1-Year Low price of $ 3.85 on 11/21/17.

News articles about Community Health Systems (NYSE:CYH) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. CYH has a current ratio of 2.10 compared to 1.30 for UHS. A beta of 1.0 tells you that a stock has been going up and down with the overall stock market. Community Health Systems has a 1 year low of $3.85 and a 1 year high of $10.51.

Shanda Asset Management Holdings Ltd holds 26.01% of its portfolio in Community Health Systems, Inc. for 25.41 million shares. The consensus mean EPS for the current quarter is at $-0.36 derived from a total of 19 estimates from the analysts who have weighed in on projected earnings.

Analysts await Community Health Systems, Inc. The Return on Equity (ROE) value stands at -48%. Year to Date performance value (YTD perf) value is 16.67%. They expect $1.02 EPS, up 17.24% or $0.15 from last year's $0.87 per share.


When it comes to the Analysis of a Stock, Price Target plays a vital role. Finally, Mizuho reiterated a "hold" rating and issued a $7.00 price objective on shares of Community Health Systems in a research report on Thursday, October 12th. On Tuesday, May 3 the stock rating was downgraded by Bank of America to "Underperform". State Board Of Administration Of Florida Retirement System reported 0% of its portfolio in Community Health Systems, Inc.

Goldman Sachs "Initiates Coverage On" Community Health Systems (NYSE:CYH) in a research note issued to investors on 1/03/18 to Sell with price target of $3. 1 is equivalent to a Strong Buy rating, 3 a hold rating, and 5 a Strong Sell rating. The firm has "Hold" rating by Jefferies given on Tuesday, June 6.

Other hedge funds have also modified their holdings of the company.

The average 1-year price target for Community Health Systems, Inc. Advisors Asset Management Inc. now owns 10,750 shares of the company's stock worth $130,000 after buying an additional 939 shares in the last quarter. Community Health Systems earned a news sentiment score of 0.15 on Accern's scale. (NYSE:CYH) stock volatility was recorded 7.58% which for the previous full month was noted 5.41%. Finally, Shelton Capital Management purchased a new stake in Community Health Systems during the second quarter worth $110,000. JPMorgan Chase & Co. now owns 4,228,000 shares of the company's stock valued at $31,880,000 after acquiring an additional 2,932,700 shares during the last quarter.

Sandler Capital Management decreased Penney J C Inc (Put) (NYSE:JCP) stake by 1.28 million shares to 832,100 valued at $3.17 million in 2017Q3. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

COPYRIGHT VIOLATION NOTICE: "Tian Qiao Chen Buys 478,700 Shares of Community Health Systems (CYH) Stock" was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal.

Several analysts have released their opinion on Community Health Systems, Inc. The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.

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