Equities researchers at Wells Fargo & Firm assumed coverage on shares of Local community Wellbeing Units (NYSE:CYH – Get Score) in a investigation report issued to purchasers and buyers on Monday, The Fly reviews. The organization set an “equal weight” rating on the stock.
CYH has been the subject of several other reviews. Bank of The united states upgraded Community Well being Techniques from an “underperform” ranking to a “buy” ranking and lifted their concentrate on price tag for the stock from $14.00 to $16.00 in a study observe on Monday, December 13th. Zacks Financial investment Study downgraded Community Health and fitness Methods from a “strong-buy” rating to a “hold” score and set a $10.00 price goal for the business. in a analysis take note on Wednesday, February 23rd. Just one analyst has rated the inventory with a promote rating, 7 have issued a hold score and 3 have issued a acquire score to the business. Based on info from MarketBeat, the stock presently has an ordinary score of “Hold” and an normal focus on selling price of $14.45.
Shares of NYSE:CYH traded down $.07 through trading on Monday, hitting $12.24. 875,691 shares of the organization have been exchanged, compared to its ordinary quantity of 1,348,780. Group Overall health Methods has a fifty-two 7 days low of $9.22 and a fifty-two week substantial of $17.04. The company has a fifty working day going ordinary price of $11.98 and a two-hundred working day transferring normal price of $12.28. The stock has a market place cap of $1.62 billion, a value-to-earnings ratio of 7.12, a P/E/G ratio of .95 and a beta of 1.67.
Neighborhood Health Devices (NYSE:CYH – Get Ranking) past issued its earnings success on Wednesday, February 16th. The corporation reported $1.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $.50 by $.65. Community Wellness Programs experienced a detrimental return on equity of 21.43% and a internet margin of 1.87%. The company experienced revenue of $3.23 billion during the quarter, as opposed to the consensus estimate of $3.16 billion. All through the exact same interval in the past year, the corporation posted $.96 EPS. The firm’s income for the quarter was up 3.7% as opposed to the exact same quarter previous 12 months. As a group, offer-facet analysts forecast that Group Health Methods will submit 1.29 EPS for the present-day fiscal yr.
Quite a few significant buyers have lately added to or reduced their stakes in the organization. Norges Lender bought a new stake in shares of Neighborhood Overall health Units in the course of the 4th quarter valued at $3,743,000. Barclays PLC lifted its posture in shares of Group Health and fitness Devices by 57.6% through the 4th quarter. Barclays PLC now owns 166,884 shares of the company’s stock valued at $2,222,000 after buying an extra 61,022 shares throughout the period. BlackRock Inc. lifted its situation in shares of Group Well being Units by 3.8% all through the 4th quarter. BlackRock Inc. now owns 19,321,321 shares of the company’s inventory valued at $257,167,000 soon after acquiring an extra 707,038 shares in the course of the time period. Vident Investment decision Advisory LLC lifted its posture in shares of Neighborhood Health Systems by 3.1% in the course of the 4th quarter. Vident Investment decision Advisory LLC now owns 145,563 shares of the company’s inventory valued at $1,937,000 right after getting an additional 4,425 shares during the interval. Ultimately, Allianz Asset Management GmbH acquired a new stake in shares of Local community Well being Units all through the 4th quarter valued at $1,593,000. Hedge cash and other institutional traders own 79.95% of the company’s stock.
About Community Well being Programs (Get Ranking)
Neighborhood Health Methods, Inc owns, leases, and operates basic acute care hospitals in the United States. It provides standard acute treatment, unexpected emergency room, common and specialty surgery, critical care, inside medication, obstetrics, diagnostic, psychiatric, and rehabilitation products and services, as well as qualified nursing and residence treatment products and services.
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