Is Community Health Systems Inc. (CYH) A Good Investment?

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KOSK
KOSK

Community Health Systems Inc. (NYSE:CYH) finished Wednesday with a subtraction of -$0.09 to close at $2.72, a downside of -3.20 percent. An average of 2,097,380 shares of common stock have been traded in the last five days. There was a fall of -$0.18 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 2,305,005 shares traded, while the 50-day average volume stands at 3,296,590.

CYH stock has decreased by -13.65% in the last month. The company shares reached their 1-month lowest point of $2.56 on 09/01/22. With the stock rallying to its 52-week high on 01/19/22, shares of the company touched a low of $2.56 and a high of $15.29 in 52 weeks. It has reached a new high 5 times so far this year and lost -79.56% or -$10.59 in price. In spite of this, the price is down -82.21% from the 52-week high.


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Valuation Metrics

Community Health Systems Inc. (CYH) stock’s beta is 1.75. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.03.

Financial Health

The quick ratio of Community Health Systems Inc. for the three months ended June 29 was 1.30, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $10.33 billion compared to revenue of $12.37 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Community Health Systems Inc.’s return on assets was -0.20%.

Earnings Surprise

For the three-month period that ended June 29, Community Health Systems Inc. had $12.18 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$326.0 million in the quarter, while revenues were grew 101.84%. The analyst consensus anticipated Community Health Systems Inc.’s latest quarter earnings to come in at $0.04 per share, but it turned out to be -$2.52, a -6,400.00% surprise. For the quarter, EBITDA amounted to $252.0 million. Shareholders own equity worth $134.71 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Community Health Systems Inc. (CYH) price momentum. RSI 9-day as of the close on 21 September was 35.23%, suggesting the stock is Neutral, with historical volatility in this time frame at 56.81%.

As of today, CYH’s price is $2.86 -6.21% or -$0.18 from its 5-day moving average. CYH is currently trading -10.23% lower than its 20-day SMA and -67.92% lower than its 100-day SMA. However, the stock’s current price level is -22.06% below the SMA50 and -76.71% below the SMA200.

The stochastic %K and %D were 32.05% and 39.53%, respectively, and the average true range (ATR) was 0.20. With the 14-day stochastic at 20.51% and the average true range at 0.22, the RSI (14) stands at 38.56%. The stock has reached -0.15 on the 9-day MACD Oscillator while the 14-day reading was at -0.09.

Analyst Ratings

Loop Capital launched coverage on Community Health Systems Inc. (NYSE: CYH) in its analyst report released on June 17, 2022. The firm assigned the stock a Hold rating. The consensus rating for Community Health Systems Inc. (CYH) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CYH, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is CYH’s price target for the next 12 months?

Analysts predict a range of price targets between $3.00 and $13.75, with a median target of $4.00. Taking a look at these predictions, the average price target given by analysts for Community Health Systems Inc. (CYH) stock is $5.52.

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