Community Health Systems (CYH) to Release Quarterly Earnings on Tuesday

Community Health Systems (NYSE:CYH) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $3.14 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Community Health Systems Trading Up 0.1 %

Shares of NYSE CYH opened at $3.39 on Friday. Community Health Systems has a twelve month low of $2.51 and a twelve month high of $6.29. The stock has a fifty day simple moving average of $3.22 and a 200-day simple moving average of $4.32. The stock has a market capitalization of $470.34 million, a PE ratio of -1.12 and a beta of 1.63.

Wall Street Analysts Forecast Growth

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