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Monday, June 5, 2023

Momentum Is Strong For Community Health Systems Inc. (NYSE: CYH)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Community Health Systems Inc. (CYH) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $3.09. The Community Health Systems Inc. has recorded 65,387 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Community Health Systems Names J. Anton Hie Vice President of Investor Relations.

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Stocks Info

This NYSE-listed company operates within the Medical Care Facilities industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $3.09 and fluctuated between $3.1950 as its day high and $3.0400 as its day low. The current market capitalization of Community Health Systems Inc. is $433.50M. A total of 1.44 million shares were traded on the day, compared to an average of 1.91M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, CYH has seen 32 BUY and 11 SELL insider trades, representing the acquisition of 1,193,074 and the disposition of 420,949 shares. Over the last 12 months, there were 38 BUYs and 13 SELLs from insiders. Insiders purchased 2,281,031 shares during that period but sold 441,863.

In the most recent transaction, SMITH WAYNE T bought 800,000 shares of CYH for 2.94 per share on Aug 02. After the transaction, the Executive Chairman now owns 4,059,196 company shares. In a previous transaction on Aug 01, SMITH WAYNE T bought 200,000 shares at 3.00 per share. CYH shares that Executive Chairman owns now total 3,259,196.

Among the insiders who bought shares, Ely James S. III acquired of 10,000 shares on Jun 02 at a per-share price of $5.00. This resulted in the Director holding 301,299 shares of CYH after the transaction. In another insider transaction, Ely James S. III bought 30,000 shares at $5.09 per share on Jun 01. Company shares held by the Director now total 291,299.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. CYH’s most recent ex-dividend date was 12/13/2012 when it declared a $0.25 quarterly dividend that was paid in cash on 12/28/2012.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for CYH in the last 3 months, the mean price target is $6.44 with high estimates of $13.75 and low estimates of $4.00. In terms of 52-week highs and lows, CYH has a high of $8.01 and a low of $1.88.

As of this writing, CYH has an earnings estimate of -$0.25 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of -$0.13 per share and a lower estimate of -$0.37. The company reported an EPS of $1.5 in the last quarter, which was 305.40% higher than expectations of $0.37.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CYH’s latest balance sheet shows that the firm has $507.00M in Cash & Short Term Investments as of fiscal 2021. There were $12.82B in debt and $2.36B in liabilities at the time. Its Book Value Per Share was -$11.14, while its Total Shareholder’s Equity was -$810.00M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CYH is Buy with a score of 3.78.

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