Community Health SystemsCYH
CYH
About: Community Health Systems Inc is a publicly owned hospital operator in the United States. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
Employees: 61,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
76% more capital invested
Capital invested by funds: $368M [Q2] → $649M (+$281M) [Q3]
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
0% more funds holding
Funds holding: 189 [Q2] → 189 (+0) [Q3]
1% less call options, than puts
Call options by funds: $24.1M | Put options by funds: $24.4M
5% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 62
1.9% less ownership
Funds ownership: 78.84% [Q2] → 76.94% (-1.9%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.50
24%
downside
Avg. target
$3.67
11%
upside
High target
$5
52%
upside
3 analyst ratings
0 positive
0%
2 neutral
67%
1 negative
33%
Truist Securities David Macdonald 57% 1-year accuracy 55 / 96 met price target | 6%upside $3.50 | Hold Maintained | 6 Jan 2025 |
Wells Fargo Stephen Baxter 24% 1-year accuracy 9 / 38 met price target | 24%downside $2.50 | Underweight Downgraded | 25 Nov 2024 |
Barclays Andrew Mok 30% 1-year accuracy 19 / 63 met price target | 52%upside $5 | Equal-Weight Maintained | 24 Oct 2024 |
Financial journalist opinion
Negative
Zacks Investment Research
1 week ago
Community Health Drops 16.4% in 6 Months: Should You Hold or Fold?
Shares of Community Health Systems, Inc. CYH have lost 16.4% in the past six months, underperforming the industry's decline of 3.8% due to several challenges being faced by the hospital industry. Peers like Acadia Healthcare Company, Inc. ACHC and Tenet Healthcare Corporation THC have moved down 32.8% and 2.6%, respectively, during this time.
Neutral
Zacks Investment Research
1 month ago
Community Health to Divest North Carolina Hospital for $280M
CYH is selling the 123-bed facility in Mooresville to Duke Health.
Negative
Benzinga
1 month ago
Why Community Health Systems (CYH) Stock Is Falling
Community Health Systems Inc CYH shares are trading lower by 7% to $3.38 Thursday afternoon. The company announced a definitive agreement to sell its North Carolina Hospital to Duke Health for approximately $280 million.
Neutral
Business Wire
1 month ago
Community Health Systems Announces Definitive Agreement to Sell North Carolina Hospital to Duke Health
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that a subsidiary of the Company has signed a definitive agreement to sell 123-bed Lake Norman Regional Medical Center in Mooresville, N.C., and related businesses, to Duke Health for approximately $280 million, subject to certain net working capital and other adjustments. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals and closing conditions. The hospi.
Positive
Zacks Investment Research
1 month ago
Community Health Drops 36.4% in 3 Months: Hold, Sell, or Buy the Dip?
CYH's growth drivers remain robust and should help it recover from the short-term setbacks.
Positive
Zacks Investment Research
1 month ago
Community Health Unit Northwest Urgent Closes Arizona Buyouts
CYH's acquisition expands Northwest Healthcare arm's network to more than 80 care sites.
Neutral
Business Wire
1 month ago
Community Health Systems' Northwest Healthcare Completes Acquisition of Carbon Health Urgent Care Centers in Arizona
FRANKLIN, Tenn.--(BUSINESS WIRE)--Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSE: CYH), has completed the acquisition of certain urgent care centers owned and operated by Carbon Health in Arizona. Northwest Urgent Care, LLC is part of Northwest Healthcare's integrated healthcare network serving Tucson and its surrounding communities. With this strategic acquisition, Northwest Healthcare now has more than 80 sites of care across the network. Ove.
Neutral
Business Wire
1 month ago
Community Health Systems, Inc. Provides Update Regarding Commonwealth Health System
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) provided an update on the planned divestiture of Commonwealth Health System in Pennsylvania. On November 22, 2024, CHS/Community Health Systems, Inc. (“CHS”), a wholly-owned subsidiary of Community Health Systems, Inc. (the “Company”), and WoodBridge Healthcare, Inc. (“WoodBridge”) mutually agreed to terminate the Asset Purchase Agreement dated July 30, 2024, as amended (the “Purchase Agreement”), between CHS and certa.
Positive
Zacks Investment Research
1 month ago
Community Health to Sell Florida Hospital to AdventHealth for $265M
CYH enters an agreement to sell ShorePoint Health System assets in Florida for $265 million, advancing its strategy to shed non-core facilities and enhance focus on growth areas.
Neutral
Business Wire
1 month ago
Community Health Systems Announces Definitive Agreement to Sell ShorePoint Health System in Florida
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell ShorePoint Health Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health Punta Gorda, in Punta Gorda, Florida, and certain ancillary businesses related to such facilities to subsidiaries of Adventist Health System Sunbelt Healthcare Corporation (AdventHealth) for $265 million in cash, subjec.
Charts implemented using Lightweight Charts™