Community Health Systems, Inc. (NYSE:CYH) registered a -5.78% decrease, still its new closing price is 49.40% up from the company’s 1 year high of 21.38.It posted -3.58% losses in previous 5 sessions and is now the subject of 15 analysts who together assign a hold rating on stock. 5 of Wall Street analysts have an underperform rating; the 1 sells versus 1 buy or better ratings. The 22 stock analysts following this company have an average price target at $6.86, with individual PT in the $3.00-$15.00 range. The shares moved at $6.20, implying that brokerage firms see shares losing about -65.07% in twelve months time.
Community Health Systems, Inc. (CYH) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 10.91% rise year to date. A 10% Owner at Community Health Systems, Inc. (CYH) acquired shares in a transaction closed on Monday September 26, 2016. Chen Tian Qiao bought 929,813 shares in the company at $10.27 each and collected $9,549,000 in proceeds. Chen Tian Qiao now owns 15,640,785 shares in the company after this transaction. A 10% Owner in the company, Chen Tian Qiao, disclosed a transaction on Monday September 26, 2016 that ended up paying $9,549,000 from the purchase of 929,813 shares at $10.27 per share.
Community Health Systems, Inc. (NYSE:CYH) Upcoming Results on Tap
Community Health Systems, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.18 in that period. Sales during the quarter are predicted to arrive at $4.28 billion.
Earnings surprise history: Last quarter, the company posted approximately $4.38 billion in revenue and EPS of $-0.35. The mean forecast was for $4.31 billion and $0.05 a share, respectively. One quarter earlier, revenue for the stock was at $4.59 billion, with earnings at $0.09/share.
Community Health Systems, Inc. (CYH) Brokerage Update
Community Health Systems, Inc. (CYH) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Neutral by Credit Suisse, according to news reported on Friday November 11, 2016.Another important research note was issued by Robert W. Baird on Thursday October 27, 2016.The firm downgraded CYH to Underperform from Neutral. Over the last six months and over the last three months, the shares of Community Health Systems, Inc. (CYH), have changed -51.45% and 22.77%, respectively.