Community Health Systems, Inc. (NYSE:CYH) to Post FY2025 Earnings of $2.07 Per Share, Oppenheimer Forecasts

Community Health Systems, Inc. (NYSE:CYH – Get Rating) – Stock analysts at Oppenheimer issued their FY2025 earnings per share estimates for shares of Community Health Systems in a research note issued to investors on Thursday, January 19th. Oppenheimer analyst M. Wiederhorn forecasts that the company will post earnings per share of $2.07 for the year. Oppenheimer has a “Outperform” rating and a $5.50 price objective on the stock. The consensus estimate for Community Health Systems’ current full-year earnings is ($2.49) per share.

Community Health Systems (NYSE:CYH – Get Rating) last posted its quarterly earnings data on Wednesday, October 26th. The company reported ($0.52) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.57). The business had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.06 billion.

Several other equities analysts have also issued reports on CYH. StockNews.com began coverage on Community Health Systems in a research note on Wednesday, October 12th. They issued a “sell” rating on the stock. Wells Fargo & Company lifted their price target on Community Health Systems from $3.00 to $4.50 and gave the company an “equal weight” rating in a research note on Tuesday, January 3rd. Finally, Credit Suisse Group decreased their price target on Community Health Systems from $4.00 to $3.30 and set a “neutral” rating on the stock in a research note on Wednesday, November 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Community Health Systems has an average rating of “Hold” and a consensus target price of $4.97.

Community Health Systems Price Performance

Community Health Systems stock opened at $4.71 on Friday. Community Health Systems has a one year low of $1.88 and a one year high of $14.29. The stock’s fifty day moving average price is $3.87 and its two-hundred day moving average price is $3.34. The firm has a market cap of $634.50 million, a PE ratio of -3.12 and a beta of 1.81.

Institutional Investors Weigh In On Community Health Systems

Several hedge funds have recently modified their holdings of the company. Counterpoint Mutual Funds LLC acquired a new stake in shares of Community Health Systems during the 4th quarter valued at $165,000. Tennessee Valley Asset Management Partners acquired a new position in Community Health Systems during the 4th quarter worth about $43,000. Assenagon Asset Management S.A. lifted its holdings in Community Health Systems by 31.3% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,457,576 shares of the company’s stock worth $6,297,000 after buying an additional 347,506 shares during the period. Bank of New York Mellon Corp lifted its holdings in Community Health Systems by 4.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,344,180 shares of the company’s stock worth $2,890,000 after buying an additional 53,196 shares during the period. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in Community Health Systems during the 3rd quarter worth about $76,000. Institutional investors and hedge funds own 81.10% of the company’s stock.

Community Health Systems Company Profile

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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.