A share price of Community Health Systems, Inc [CYH] is currently trading at $3.10, up 1.64%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CYH shares have gain 3.68% over the last week, with a monthly amount drifted -10.66%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Community Health Systems, Inc [NYSE: CYH] stock has seen the most recent analyst activity on November 25, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $2.50 from $5. Previously, Raymond James downgraded its rating to Underperform on November 22, 2024. On March 06, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $3 on the stock. Loop Capital started tracking the stock assigning a Hold rating and suggested a price target of $5 on June 17, 2022. BofA Securities downgraded its rating to a Neutral and reduced its price target to $5.50 on June 15, 2022. Wells Fargo started tracking with a Equal Weight rating for this stock on March 29, 2022, and assigned it a price target of $12.
Community Health Systems, Inc experienced fluctuations in its stock price throughout the past year between $2.51 and $6.29. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Community Health Systems, Inc [NYSE: CYH] shares were valued at $3.10 at the most recent close of the market. An investor can expect a potential return of 61.29% based on the average CYH price forecast.
Analyzing the CYH fundamentals
Trailing Twelve Months sales for Community Health Systems, Inc [NYSE:CYH] were 12.55B which represents 0.13% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is 0.26 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.3.
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 3.00 points at the first support level, and at 2.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.16, and for the 2nd resistance point, it is at 3.22.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Community Health Systems, Inc [NYSE:CYH] is 1.46. As well, the Quick Ratio is 1.32, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.03.
