Community Health SystemsCYH
CYH
About: Community Health Systems Inc is a publicly owned hospital operator in the United States. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
Employees: 61,000
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
76% more capital invested
Capital invested by funds: $365M [Q2] → $642M (+$277M) [Q3]
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
11% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $21.7M
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
1% more funds holding
Funds holding: 188 [Q2] → 189 (+1) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 62
2.1% less ownership
Funds ownership: 78.24% [Q2] → 76.14% (-2.1%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.50
26%
downside
Avg. target
$4.17
24%
upside
High target
$5
48%
upside
3 analyst ratings
0 positive
0%
2 neutral
67%
1 negative
33%
Wells Fargo Stephen Baxter 33% 1-year accuracy 12 / 36 met price target | 26%downside $2.50 | Underweight Downgraded | 25 Nov 2024 |
Truist Securities David Macdonald 53% 1-year accuracy 18 / 34 met price target | 48%upside $5 | Hold Maintained | 25 Oct 2024 |
Barclays Andrew Mok 49% 1-year accuracy 29 / 59 met price target | 48%upside $5 | Equal-Weight Maintained | 24 Oct 2024 |
Financial journalist opinion
Based on 9 articles about CYH published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Community Health Unit Northwest Urgent Closes Arizona Buyouts
CYH's acquisition expands Northwest Healthcare arm's network to more than 80 care sites.
Neutral
Business Wire
3 days ago
Community Health Systems' Northwest Healthcare Completes Acquisition of Carbon Health Urgent Care Centers in Arizona
FRANKLIN, Tenn.--(BUSINESS WIRE)--Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSE: CYH), has completed the acquisition of certain urgent care centers owned and operated by Carbon Health in Arizona. Northwest Urgent Care, LLC is part of Northwest Healthcare's integrated healthcare network serving Tucson and its surrounding communities. With this strategic acquisition, Northwest Healthcare now has more than 80 sites of care across the network. Ove.
Neutral
Business Wire
1 week ago
Community Health Systems, Inc. Provides Update Regarding Commonwealth Health System
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) provided an update on the planned divestiture of Commonwealth Health System in Pennsylvania. On November 22, 2024, CHS/Community Health Systems, Inc. (“CHS”), a wholly-owned subsidiary of Community Health Systems, Inc. (the “Company”), and WoodBridge Healthcare, Inc. (“WoodBridge”) mutually agreed to terminate the Asset Purchase Agreement dated July 30, 2024, as amended (the “Purchase Agreement”), between CHS and certa.
Positive
Zacks Investment Research
1 week ago
Community Health to Sell Florida Hospital to AdventHealth for $265M
CYH enters an agreement to sell ShorePoint Health System assets in Florida for $265 million, advancing its strategy to shed non-core facilities and enhance focus on growth areas.
Neutral
Business Wire
1 week ago
Community Health Systems Announces Definitive Agreement to Sell ShorePoint Health System in Florida
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell ShorePoint Health Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health Punta Gorda, in Punta Gorda, Florida, and certain ancillary businesses related to such facilities to subsidiaries of Adventist Health System Sunbelt Healthcare Corporation (AdventHealth) for $265 million in cash, subjec.
Negative
Zacks Investment Research
1 week ago
Why Is Community Health Systems (CYH) Down 11.8% Since Last Earnings Report?
Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock?
Neutral
Zacks Investment Research
3 weeks ago
Zacks Industry Outlook HCA Healthcare, Tenet Healthcare, Universal Health, Acadia Healthcare and Community Health Systems
HCA Healthcare, Tenet Healthcare, Universal Health, Acadia Healthcare and Community Health Systems have been highlighted in this Industry Outlook article.
Positive
Zacks Investment Research
3 weeks ago
5 Hospital Stocks Set to Thrive Amid Robust Industry Trends
The Zacks Medical-Hospital industry is likely to gain from rising patient admissions and technological advancements. Companies like HCA, THC, UHS, ACHC and CYH are poised to gain from these trends.
Neutral
Business Wire
4 weeks ago
Community Health Systems Announces Participation in the 2024 UBS Global Healthcare Conference
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in a fireside chat at the UBS Global Healthcare Conference to be held November 11 - 14, 2024 at the Terranea Resort Hotel in Rancho Palos Verdes, CA. The fireside chat presentation will begin at 4:15 p.m. Eastern time, 1:15 p.m. Pacific time, on Tuesday, November 12, and will be available to investors via a live audio webcast. A link to the broadcast can be found at the i.
Negative
Seeking Alpha
1 month ago
Community Health Systems: Tough Q3 Stifles Recovery - Potentially Sets Up Contrarian Trade
Community Health Systems reported a net loss of $(355m) in Q3, its worst performance in the last ten quarters, causing a >20% stock drop. Revenues slightly increased to $3.1bn but fell sequentially from $3.14bn, with operating income plummeting to $62m. The stock price remains up >65% on a 1-year basis despite the recent decline from >$5.5 to
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