Raymond James lifts Community Health Systems Inc. [CYH] price estimate. Who else is bullish?

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Community Health Systems Inc. [NYSE: CYH] surged by $0.28 during the normal trading session on Thursday and reaching a high of $10.805 during the day while it closed the day at $10.40. The company report on April 14, 2021 that COMMUNITY HEALTH SYSTEMS TO WEBCAST FIRST QUARTER 2021 CONFERENCE CALL.

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Community Health Systems, Inc. (NYSE:CYH) announced that it will webcast its first quarter 2021 conference call.


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The Company will issue a press release announcing its results on Wednesday, April 28, 2021, after the regular close of trading. The conference call is scheduled to begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Thursday, April 29, 2021. A live webcast of the conference call will be available online at www.chs.net. To listen to the live call, please go to the web site at least 15 minutes early to register, download, and install any necessary audio software. The online replay will follow shortly after the call and continue for approximately 30 days.

Community Health Systems Inc. stock has also gained 3.90% of its value over the past 7 days. However, CYH stock has inclined by 4.21% in the 3 months of the year. Over the past six months meanwhile, it has gained 115.32% and gained 39.97% year-on date.

The market cap for CYH stock reached $1.37 billion, with 117.67 million shares outstanding and 112.30 million shares in the current float. Compared to the average trading volume of 2.70M shares, CYH reached a trading volume of 3797644 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Community Health Systems Inc. [CYH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CYH shares is $9.01 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CYH stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for Community Health Systems Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on February 20, 2020. While these analysts kept the previous recommendation, UBS raised their target price to Sell. The new note on the price target was released on November 16, 2018, representing the official price target for Community Health Systems Inc. stock. Previously, the target price had yet another raise to $4.50, while Mizuho analysts kept a Neutral rating on CYH stock.

The Average True Range (ATR) for Community Health Systems Inc. is set at 0.92, with the Price to Sales ratio for CYH stock in the period of the last 12 months amounting to 0.12. Price to Free Cash Flow for CYH in the course of the last twelve months was 0.79 with Quick ratio for the last quarter at 1.50.

CYH stock trade performance evaluation

Community Health Systems Inc. [CYH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.90. With this latest performance, CYH shares dropped by -9.72% in over the last four-week period, additionally plugging by 115.32% over the last 6 months – not to mention a rise of 208.61% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CYH stock in for the last two-week period is set at 44.66, with the RSI for the last a single of trading hit 42.19, and the three-weeks RSI is set at 47.20 for Community Health Systems Inc. [CYH]. The present Moving Average for the last 50 days of trading for this stock 10.59, while it was recorded at 10.09 for the last single week of trading, and 7.45 for the last 200 days.

Community Health Systems Inc. [CYH]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Community Health Systems Inc. [CYH] shares currently have an operating margin of +4.89 and a Gross Margin at +4.89. Community Health Systems Inc.’s Net Margin is presently recorded at +4.33.

Return on Total Capital for CYH is now 4.77, given the latest momentum, and Return on Invested Capital for the company is 4.51. Additionally, CYH Total Debt to Total Capital is recorded at 114.44, with Total Debt to Total Assets ending up at 80.48.

Reflecting on the efficiency of the workforce at the company, Community Health Systems Inc. [CYH] managed to generate an average of $7,300 per employee. Receivables Turnover for the company is 5.29 with a Total Asset Turnover recorded at a value of 0.75.Community Health Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.60.

Earnings per share (EPS) analysis for Community Health Systems Inc. [CYH] stock

With the latest financial reports released by the company, Community Health Systems Inc. posted -1.59/share EPS, while the average EPS was predicted by analysts to be reported at -0.57/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -178.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CYH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Community Health Systems Inc. go to 20.37%.

Community Health Systems Inc. [CYH]: Insider Ownership positions

There are presently around $1,137 million, or 82.80% of CYH stock, in the hands of institutional investors. The top three institutional holders of CYH stocks are: BLACKROCK INC. with ownership of 15,910,612, which is approximately 4.662% of the company’s market cap and around 4.00% of the total institutional ownership; SHANDA ASSET MANAGEMENT HOLDINGS LTD, holding 14,541,842 shares of the stock with an approximate value of $151.24 million in CYH stocks shares; and FRANKLIN RESOURCES INC, currently with $114.42 million in CYH stock with ownership of nearly 996.801% of the company’s market capitalization.

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Positions in Community Health Systems Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 99 institutional holders increased their position in Community Health Systems Inc. [NYSE:CYH] by around 26,966,780 shares. Additionally, 84 investors decreased positions by around 19,361,409 shares, while 27 investors held positions by with 62,965,506 shares. The mentioned changes placed institutional holdings at 109,293,695 shares, according to the latest SEC report filing. CYH stock had 46 new institutional investments in for a total of 5,905,798 shares, while 16 institutional investors sold positions of 1,137,997 shares during the same period.

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