Community Health Systems, Inc. (NYSE: CYH)’s stock price has plunge by -3.00relation to previous closing price of 3.00. Nevertheless, the company has seen a -6.43% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-26 that ACNB, ALX and CYH have been added to the Zacks Rank #5 (Strong Sell) List on March 26, 2023.
Is It Worth Investing in Community Health Systems, Inc. (NYSE: CYH) Right Now?
CYH has 36-month beta value of 1.58. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 12 as “hold,” and 5 as “sell.”
The public float for CYH is 123.84M, and currently, short sellers hold a 5.10% ratio of that float. The average trading volume of CYH on April 17, 2024 was 2.05M shares.
CYH’s Market Performance
The stock of Community Health Systems, Inc. (CYH) has seen a -6.43% decrease in the past week, with a 4.68% rise in the past month, and a -16.14% fall in the past quarter. The volatility ratio for the week is 3.99%, and the volatility levels for the past 30 days are at 5.70% for CYH. The simple moving average for the last 20 days is -9.15% for CYH stock, with a simple moving average of -10.77% for the last 200 days.
Analysts’ Opinion of CYH
Many brokerage firms have already submitted their reports for CYH stocks, with Barclays repeating the rating for CYH by listing it as a “Equal Weight.” The predicted price for CYH in the upcoming period, according to Barclays is $3 based on the research report published on March 06, 2024 of the current year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see CYH reach a price target of $5. The rating they have provided for CYH stocks is “Hold” according to the report published on June 17th, 2022.
BofA Securities gave a rating of “Neutral” to CYH, setting the target price at $5.50 in the report published on June 15th of the previous year.
CYH Trading at -9.68% 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 -55.40% of loss for the given period.
Volatility was left at 5.70%, however, over the last 30 days, the volatility rate increased by 3.99%, as shares sank -1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.02% lower at present.
During the last 5 trading sessions, CYH fell by -6.43%, which changed the moving average for the period of 200-days by -31.21% in comparison to the 20-day moving average, which settled at $3.20. In addition, Community Health Systems, Inc. saw -7.03% 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 ’23. 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:
- 0.08 for the present operating margin
- 0.41 for the gross margin
The net margin for Community Health Systems, Inc. stands at -0.01. The total capital return value is set at 0.08.
Based on Community Health Systems, Inc. (CYH), the company’s capital structure generated 1.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at -8.75. The interest coverage ratio of the stock is 1.15.
Currently, EBITDA for the company is 1.39 billion with net debt to EBITDA at 8.76. When we switch over and look at the enterprise to sales, we see a ratio of 1.0. The receivables turnover for the company is 5.6for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
To put it simply, Community Health Systems, Inc. (CYH) has had a bad performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. 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.
