Community Health Systems (CYH) Projected to Post Quarterly Earnings on Tuesday

Community Health Systems (NYSE:CYH - Get Free Report) is expected to be releasing its earnings data before the market opens on Tuesday, February 18th. Analysts expect Community Health Systems to post earnings of $0.09 per share and revenue of $3.14 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Community Health Systems Price Performance

CYH stock traded up $0.01 during midday trading on Friday, reaching $3.39. 2,809,316 shares of the company were exchanged, compared to its average volume of 2,170,621. The business has a 50-day moving average price of $3.22 and a two-hundred day moving average price of $4.33. Community Health Systems has a one year low of $2.51 and a one year high of $6.29. The firm has a market capitalization of $470.35 million, a price-to-earnings ratio of -1.12 and a beta of 1.63.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CYH. StockNews.com cut shares of Community Health Systems from a "hold" rating to a "sell" rating in a research report on Monday, November 25th. Raymond James downgraded Community Health Systems from a "market perform" rating to an "underperform" rating in a research note on Friday, November 22nd. Truist Financial lowered their target price 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. Wells Fargo & Company downgraded Community Health Systems from an "equal weight" rating to an "underweight" rating and lowered their target price for the stock from $5.00 to $2.50 in a research note on Monday, November 25th. Finally, Barclays upped their price objective on Community Health Systems from $3.00 to $5.00 and gave the company an "equal weight" rating in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $4.52.

Community Health Systems Company Profile

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.