The stock of Community Health Systems, Inc. (NYSE: CYH) has increased by 6.90 when compared to last closing price of 2.61. Despite this, the company has experienced a 11.60% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-10-27 that Community Health (CYH) expects net operating revenues in the range of $12,400-$12,500 million for 2023.
Is It Worth Investing in Community Health Systems, Inc. (NYSE: CYH) Right Now?
The price-to-earnings ratio for Community Health Systems, Inc. (NYSE: CYH) is above average at 1.55x, while the 36-month beta value is 1.83.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Community Health Systems, Inc. (CYH) is $4.59, which is $1.8 above the current market price. The public float for CYH is 125.85M, and currently, short sellers hold a 8.56% ratio of that floaft. The average trading volume of CYH on November 15, 2023 was 1.35M shares.
CYH’s Market Performance
The stock of Community Health Systems, Inc. (CYH) has seen a 11.60% increase in the past week, with a -0.36% drop in the past month, and a -15.71% fall in the past quarter. The volatility ratio for the week is 7.69%, and the volatility levels for the past 30 days are at 7.73% for CYH. The simple moving average for the last 20 days is 15.58% for CYH stock, with a simple moving average of -31.73% for the last 200 days.
Analysts’ Opinion of CYH
Many brokerage firms have already submitted their reports for CYH stocks, with Loop Capital repeating the rating for CYH by listing it as a “Hold.” The predicted price for CYH in the upcoming period, according to Loop Capital is $5 based on the research report published on June 17, 2022 of the previous year 2022.
CYH Trading at 2.94% from the 50-Day Moving Average
After a stumble in the market that brought CYH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.17% of loss for the given period.
Volatility was left at 7.73%, however, over the last 30 days, the volatility rate increased by 7.69%, as shares surge +2.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.52% lower at present.
During the last 5 trading sessions, CYH rose by +11.20%, which changed the moving average for the period of 200-days by -46.74% in comparison to the 20-day moving average, which settled at $2.42. In addition, Community Health Systems, Inc. saw -35.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CYH starting from SMITH WAYNE T, who purchase 1,000,000 shares at the price of $2.11 back on Oct 31. After this action, SMITH WAYNE T now owns 5,107,901 shares of Community Health Systems, Inc., valued at $2,110,000 using the latest closing price.
Stock Fundamentals for CYH
Current profitability levels for the company are sitting at:
- +5.96 for the present operating margin
- +5.96 for the gross margin
The net margin for Community Health Systems, Inc. stands at +0.38. The total capital return value is set at 6.15, while invested capital returns managed to touch 0.42.
When we switch over and look at the enterprise to sales, we see a ratio of 1.01, with the company’s debt to enterprise value settled at 0.92. The receivables turnover for the company is 5.66 and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
In a nutshell, Community Health Systems, Inc. (CYH) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
