News stories about Community Health Systems (NYSE:CYH) have been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Community Health Systems earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9143052461227 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Brokerages Anticipate Community Health Systems, Inc. (CYH) to Announce -$0.27 EPS (americanbankingnews.com)
- January 2018 Options Now Available For Community Health Systems (CYH) (stockoptionschannel.com)
- Community Health : to Participate in Citi 2017 Global Healthcare Conference (4-traders.com)
- Community Health Systems to Participate in Citi 2017 Global Healthcare Conference (markets.financialcontent.com)
- Increasing Demand for Innovative Mobile Health Services Pushing Already Multi-billion Dollar Telemedicine Industry to New Levels (prnewswire.co.uk)
Several equities research analysts recently commented on CYH shares. ValuEngine downgraded Community Health Systems from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Cantor Fitzgerald restated a “hold” rating and set a $6.00 price target on shares of Community Health Systems in a research note on Sunday, November 5th. Zacks Investment Research downgraded Community Health Systems from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 3rd. Robert W. Baird restated a “hold” rating and set a $7.00 price target on shares of Community Health Systems in a research note on Friday, September 1st. Finally, KeyCorp restated a “hold” rating on shares of Community Health Systems in a research note on Thursday, September 7th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the stock. Community Health Systems presently has an average rating of “Hold” and a consensus price target of $6.47.
Community Health Systems (NYSE:CYH) last released its quarterly earnings results on Wednesday, November 1st. The company reported ($0.77) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.47). Community Health Systems had a negative net margin of 3.97% and a negative return on equity of 3.10%. The firm had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.70 billion. During the same quarter in the prior year, the firm earned ($0.35) earnings per share. The company’s revenue for the quarter was down 16.3% compared to the same quarter last year. sell-side analysts expect that Community Health Systems will post -1.25 earnings per share for the current fiscal year.
Community Health Systems Company Profile
Community Health Systems, Inc is an operator of general acute care hospitals and outpatient facilities in communities across the country. The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.
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