Community Health Systems, Inc. (NYSE:CYH) shares saw a recent bid of $7.45 and 29.12M shares have exchanged hands in the recent trading session, yielding a 14.26% gain over the past week.CYH price increased 22.73% or $-1.38 versus $6.07 at the end of the prior session. This change led market cap to move at $696.57M, putting the price -43.90% below the 52-week high and 79.52% above the 52-week low. The company’s stock has a normal trading capacity of 2.86M shares while the relative volume is 10.19.
Is Community Health Systems, Inc. (NYSE:CYH) Worth Buying?
By historical standards, Community Health Systems, Inc. (NYSE:CYH) remains a cheap stock. CYH’s current price-earnings ratio amounts above the average P/E ratio of 28.61 times earnings. For now, CYH is the toast of Wall Street as its ABR stands at 3.20 with 1 out of 19 analysts rating the stock a buy. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Company has far performed well this year, with the share price up 33.27% since January. Over the past 2 quarters, Community Health Systems, Inc. (NYSE:CYH) is up 13.57%, compared with a fall of nearly -26.67% for 3 months and about -19.89% for the past 30 days.
Community Health Systems, Inc. (CYH) Has Mean Target Price of $7.00
To stay one step ahead we extended our research by comparing different price targets. Community Health Systems, Inc. (NYSE:CYH) notched a 12-month high of $7.32 while $10.00 target is by far the most aggressive out of analysts who are currently evaluating CYH, $2.68 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $5.00, which would be decrease of about -33% of its current value. The mean target of $7.00 should be compared with the price when the stock was languishing around $4.15 a share. And it remains to be seen which target price CYH can achieve without sacrificing much as the company is holding a -31.27% fall for the past twelve months.
Community Health Systems, Inc. Revenue Estimate is $15.97 Billion
Last time, the company failed Wall Street by reporting EPS of $-0.25, smashing the consensus of $0.06 per share. Revenue for the quarter also killed consensus, coming in at $4.14 Billion, compared to the consensus of 4.1 Billion. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $-0.24. The company is expected to report EPS as high as $0.02 and as low as $-0.54 per share. Similarly, full-year EPS forecasts have ranged between $-0.76 and $0.30. The mean EPS estimate is $-0.31. On the other side, sales forecasts for the current quarter are $3.69 Billion. The stock is expected to report revenue as high as $3.88 Billion and as low as $3.55 Billion per share. Similarly, full-year sales forecasts have ranged between $15.86 Billion and $16.21 Billion. The mean revenue estimate is $15.97 Billion.
Over the last 5 years, Community Health Systems, Inc. has averaged a -49.10% YoY EPS growth rate and a 6.20% revenue growth rate. Analysts are expecting EPS growth rates to be at -169.60% this quarter and EPS estimate for next year reflect 181.30% growth rate.
What Guru’s think About Is Community Health Systems, Inc. (NYSE:CYH)
Sell-side analysts also have something to say about this CYH. Morgan Stanley analysts stated on 07/06/2017 that they launched coverage on this stock with Underweight rating. Deutsche Bank analysts stated on 05/04/2017 that they launched coverage on this stock with Hold rating. Mizuho analysts stated on 27/03/2017 that they maintained their Neutral rating. Piper Jaffray had a markedly different take on 01/03/2017, proposing that CYH is now considered Underweight versus prior Neutral rating.