Community Health Systems, Inc. (CYH) stock expected to rise by 76.85%: What’s driving the optimism?

At the time of writing, Community Health Systems, Inc. [CYH] stock is trading at $6.22, up 5.25%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CYH shares have gain 10.28% over the last week, with a monthly amount glided 22.92%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Community Health Systems, Inc. [NYSE: CYH] stock has seen the most recent analyst activity on March 06, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $3. Previously, Loop Capital started tracking the stock with Hold rating on June 17, 2022, and set its price target to $5. On June 15, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $5.50 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $12 on March 29, 2022. BofA Securities upgraded its rating to Buy for this stock on December 13, 2021, and upped its price target to $16. In a note dated September 24, 2021, UBS initiated an Neutral rating and provided a target price of $12.50 on this stock.

For the past year, the stock price of Community Health Systems, Inc. fluctuated between $2.01 and $5.98. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Community Health Systems, Inc. [NYSE: CYH] shares were valued at $6.22 at the most recent close of the market. An investor can expect a potential return of 76.85% based on the average CYH price forecast.

Analyzing the CYH fundamentals

According to Community Health Systems, Inc. [NYSE:CYH], the company’s sales were 12.55B for trailing twelve months, which represents an 0.80% jump. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-7.93.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.95 points at the first support level, and at 5.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.38, and for the 2nd resistance point, it is at 6.54.

Ratios To Look Out For

It is important to note that Community Health Systems, Inc. [NYSE:CYH] has a current ratio of 1.47. In addition, the Quick Ratio stands at 1.32 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.07.

Transactions by insiders

Recent insider trading involved SMITH WAYNE T, Director, that happened on Oct 31 ’23 when 1.0 million shares were purchased.

Related Posts