Insider Activity Monitoring: Community Health Systems Inc. (CYH)

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Community Health Systems Inc. (NYSE:CYH) saw a downside of -6.53% to close Tuesday at $4.44 after subtracting -$0.31 on the day. The 5-day average trading volume is 2,736,700 shares of the company’s common stock. It has gained $4.90 in the past week and touched a new high 3 times within the past 5 days. An average of 2,232,655 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,369,300.

CYH’s 1-month performance is 15.93% or $0.56 on its low of $3.79 reached on 12/27/22. The company’s shares have touched a 52-week low of $1.88 and high of $14.29, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, CYH has achieved 2.78% or $0.12 and has reached a new high 3 times. However, the current price is down -68.93% from the 52-week high price.


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Valuation Metrics

CYH stock has a beta of 1.74. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.05.

Community Health Systems Inc.’s quick ratio for the period ended September 29 was 1.20, with the current ratio over the same period at 1.40.. In terms of profitability, the gross margin trailing 12 months is 83.80%. The firm’s gross profit as reported stood at $10.33 billion against revenue of $12.37 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 364.29% to -$42.0 million, while revenue of -$326.0 million was -676.19% off the previous quarter. Analysts expected CYH to announce -$0.05 per share in earnings in its latest quarter, but it posted -$0.52, representing a -940.00% surprise. EBITDA for the quarter stood at more than $341.0 million. CYH stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 16.61 billion, with total debt at $12.68 billion. Shareholders hold equity totaling $134.71 million.

Let’s look briefly at Community Health Systems Inc. (CYH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 49.03% to suggest the stock is trending Neutral, with historical volatility in this time period at 55.22%.

The stock’s 5-day moving average is $4.55, reflecting a -3.69% or -$0.17 change from its current price. CYH is currently trading +13.85% above its 20-day SMA, +56.89% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +64.44% and SMA200 by-60.25%.

Stochastic %K and %D was 56.58% and 58.83% and the average true range (ATR) pointed at 0.30. The RSI (14) points at 54.32%, while the 14-day stochastic is at 25.55% with the period’s ATR at 0.30. The stock’s 9-day MACD Oscillator is pointing at 0.05 and 0.02 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Community Health Systems Inc. (NYSE: CYH), Loop Capital launched coverage with a Hold rating. Analysts offering their rating for CYH stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CYH as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $3.00 and a high of $13.75, with their median price target at $4.75. Looking at these predictions, the average price target given by analysts is for Community Health Systems Inc. (CYH) stock is $5.46.

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