The firm has a SMA 50 (Simple Moving Average) of $12.80 and a SMA 200-(Simple Moving Average) of $14.30.
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Excluding those markdowns and a number of other items – including some related to the spinout in April of Quorum Health – adjusted EBITDA was $563 million for the quarter (down from $769 million a year earlier) and income from continuing operations came out to 9 cents per share. The stock traded in the price range of $52.20 – $10.67 for the last trading session. Now shares have been rated as “Buy” from 3 Analysts. There are 14 equity research firms suggesting a Hold and 0 consider it Sell. The company had revenue of $4846.00 million for the quarter, compared to analysts expectations of $4981.49 million. For the prior quarter revenue for the stock hit $4.8B, with EPS at $0.68. The company provided earnings per share guidance of $1.40-1.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.26. Jefferies Group reiterated a hold rating and set a $15.00 price objective (down from $18.00) on shares of Community Health Systems in a report on Tuesday, May 3rd. The insider owns 1,425,081 shares as of Mar 1, 2016, now worth $17656754. The stock’s RSI amounts to 42.79. 10,729,918 shares of the company’s stock traded hands. MannKind Corporation has an EPS ratio of -0.88. The company now has an average rating of Hold and a consensus target price of $23.14. During the three months ended June 30, 2016, the Company recorded a non-cash impairment charge of $1.400 billion to reduce the value of goodwill for the Company’s hospital reporting unit; a charge of $169 million to reduce the value of long-lived assets at certain hospitals that the Company is now marketing for sale; and a charge of $70 million to reduce the value of long-lived assets at certain under-performing hospitals. Community Health Systems makes up approx 0.01% of Acadian Asset Management’s portfolio.First Quadrant L Pca boosted its stake in CYH in the latest quarter, The investment management firm added 288,800 additional shares and now holds a total of 1,606,700 shares of Community Health Systems which is valued at $20,662,162. Analyst had a consensus of $0.97. Discontinued operations for the three months ended June 30, 2016, consisted of $(0.01) per share (diluted) of losses from operations of entities sold or held for sale for a total after-tax loss of approximately $(1) million or $(0.01) per share (diluted). Underperform rating was given by 3 analyst and Outperform rating was given by 0 analyst. The company now has a Return on Equity of 2.20% and Return on Investment of 5.70%. The stock’s institutional ownership stands at 19.10%.
