Community Health Systems (CYH) Scheduled to Post Quarterly Earnings on Tuesday

Community Health Systems (NYSE:CYH) is scheduled to release its earnings data after the market closes on Tuesday, February 27th. Analysts expect Community Health Systems to post earnings of ($0.34) per share for the quarter.

Shares of Community Health Systems (NYSE CYH) opened at $6.02 on Tuesday. The company has a debt-to-equity ratio of 10.62, a current ratio of 2.05 and a quick ratio of 1.86. Community Health Systems has a 52 week low of $3.85 and a 52 week high of $10.51.

In other Community Health Systems news, major shareholder Tian Qiao Chen acquired 406,069 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were acquired at an average cost of $4.00 per share, for a total transaction of $1,624,276.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 1,980,484 shares of company stock worth $7,878,489 over the last 90 days. 4.70% of the stock is currently owned by company insiders.

CYH has been the topic of several research analyst reports. Royal Bank of Canada reissued a “hold” rating and set a $5.00 price target on shares of Community Health Systems in a research note on Tuesday, November 7th. Cantor Fitzgerald reissued a “hold” rating and set a $6.00 price target on shares of Community Health Systems in a research note on Thursday, February 1st. Credit Suisse Group initiated coverage on shares of Community Health Systems in a research note on Thursday, November 2nd. They set an “underperform” rating and a $3.50 price target on the stock. Mizuho reissued a “hold” rating and set a $3.50 price target on shares of Community Health Systems in a research note on Friday, November 3rd. Finally, ValuEngine raised shares of Community Health Systems from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. Eight investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the stock. Community Health Systems presently has a consensus rating of “Hold” and an average price target of $6.10.

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Community Health Systems Company Profile

Community Health Systems, Inc is an operator of general acute care hospitals and outpatient facilities in communities across the country. The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.

Earnings History for Community Health Systems (NYSE:CYH)

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