While Community Health Systems, Inc has underperformed by -3.60%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CYH rose by 9.93%, with highs and lows ranging from $6.29 to $2.51, whereas the simple moving average fell by -21.92% in the last 200 days.
On November 25, 2024, Wells Fargo Downgraded Community Health Systems, Inc (NYSE: CYH) to Underweight. A report published by Raymond James on November 22, 2024, Downgraded its rating to ‘Underperform’ for CYH. Barclays also rated CYH shares as ‘Equal Weight’, setting a target price of $3 on the company’s shares in an initiating report dated March 06, 2024. Loop Capital Initiated an Hold rating on June 17, 2022, and assigned a price target of $5. BofA Securities June 15, 2022d its ‘Buy’ rating to ‘Neutral’ for CYH, as published in its report on June 15, 2022. Wells Fargo’s report from March 29, 2022 suggests a price prediction of $12 for CYH shares, giving the stock a ‘Equal Weight’ rating. Citigroup also rated the stock as ‘Buy’.
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
Analysis of Community Health Systems, Inc (CYH)
Further, the quarter-over-quarter increase in sales is 0.13%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Community Health Systems, Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 1.32, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and CYH is recording an average volume of 2.28M. On a monthly basis, the volatility of the stock is set at 5.76%, whereas on a weekly basis, it is put at 6.14%, with a loss of -11.57% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.79, showing growth from the present price of $3.21, which can serve as yet another indication of whether CYH is worth investing in or should be passed over.
How Do You Analyze Community Health Systems, Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 14.38%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 73.37% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CYH shares are owned by institutional investors to the tune of 73.37% at present.
