Community Health Systems, Inc (NYSE: CYH) is -18.73% lower on its value in year-to-date trading and has touched a low of $2.24 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 $2.41 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $2.43, the stock is -4.41% and -15.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing 0.83% at the moment leaves the stock -38.94% off its SMA200. CYH registered -15.03% loss for a year compared to 6-month loss of -59.16%. The firm has a 50-day simple moving average (SMA 50) of $2.887 and a 200-day simple moving average (SMA200) of $3.9841.
The stock witnessed a -11.96% gain in the last 1 month and extending the period to 3 months gives it a -27.25%, and is -2.41% down 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 6.09% over the week and 6.82% over the month.
Community Health Systems, Inc (CYH) has around 60000 employees, a market worth around $338.13M and $12.63B in sales. Fwd P/E is 16.29. Profit margin for the company is -4.08%. Distance from 52-week low is 8.44% and -61.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.12%).
with sales reaching $3.05B over the same period.The EPS is expected to grow by 86.66% this year, but quarterly earnings will post -1.61% year-over-year. Quarterly sales are estimated to shrink -2.82% in year-over-year returns.
246.0 institutions hold shares in Community Health Systems, Inc (CYH), with institutional investors hold 89.03% of the company’s shares. The shares outstanding are 138.92M, and float is at 121.36M with Short Float at 10.23%. Institutions hold 81.81% 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 7.0742 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 6.8636 of the shares outstanding. The other top investors are CASTLEKNIGHT MANAGEMENT LP which holds 8.3 million shares representing 6.2732 and valued at over $27.9 million, while EVERSEPT PARTNERS, LP holds 6.0731 of the shares totaling 8.04 million with a market value of $27.01 million.
Community Health Systems, Inc (CYH) Insider Activity
The most recent transaction is an insider sale by BENET MIGUEL S, the company’s President and CMO. SEC filings show that BENET MIGUEL S sold 23,875 shares of the company’s common stock on Feb 21 ’25 at a price of $3.52 per share for a total of $84159.0. Following the sale, the insider now owns 55000.0 shares.
