In a report released today, Michael Wiederhorn from Oppenheimer maintained a Buy rating on Community Health (CYH). The company’s shares opened today at $4.42.
According to TipRanks.com, Wiederhorn is a top 100 analyst with an average return of 14.4% and a 66.9% success rate. Wiederhorn covers the Services sector, focusing on stocks such as Cross Country Healthcare, Addus Homecare Corp, and The Ensign Group.
Community Health has an analyst consensus of Hold, with a price target consensus of $4.17.
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Based on Community Health’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.45 billion and GAAP net loss of $328 million. In comparison, last year the company earned revenue of $3.06 billion and had a GAAP net loss of $2.01 billion.
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Community Health Systems, Inc. engages in the management and operations of hospitals. It operates general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The company was founded in March 1985 and is headquartered in Franklin, TN.
