Community Health Systems, Inc (NYSE: CYH) is -1.92% lower on its value in year-to-date trading and has touched a low of $2.51 and a high of $6.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CYH stock was last observed hovering at around $3.14 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $3.07, the stock is -8.06% and -22.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing -2.23% at the moment leaves the stock -25.48% off its SMA200. CYH registered -6.69% loss for a year compared to 6-month gain of -4.06%. The firm has a 50-day simple moving average (SMA 50) of $4.034 and a 200-day simple moving average (SMA200) of $4.11855.
The stock witnessed a -17.03% loss in the last 1 month and extending the period to 3 months gives it a -49.17%, and is 0.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.29% over the week and 5.31% over the month.
Community Health Systems, Inc (CYH) has around 61000 employees, a market worth around $426.57M and $12.55B in sales. Fwd P/E is 14.57. Profit margin for the company is -3.18%. Distance from 52-week low is 22.31% and -51.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.92%).
The EPS is expected to grow by 62.28% this year
260.0 institutions hold shares in Community Health Systems, Inc (CYH), with institutional investors hold 86.47% of the company’s shares. The shares outstanding are 138.94M, and float is at 118.97M with Short Float at 7.78%. Institutions hold 79.39% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.36 million shares valued at $31.46 million. The investor’s holdings represent 7.132 of the CYH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.08 million shares valued at $30.52 million to account for 6.9197 of the shares outstanding. The other top investors are CASTLEKNIGHT MANAGEMENT LP which holds 8.3 million shares representing 6.3245 and valued at over $27.9 million, while EVERSEPT PARTNERS, LP holds 6.1228 of the shares totaling 8.04 million with a market value of $27.01 million.
