CYH Stock Fair Value – COMMUNITY HEALTH SYSTEMS Reports Q2 FY2023 Earnings Results on June 30 2023
August 23, 2023
🌥️Earnings Overview
COMMUNITY HEALTH SYSTEMS ($NYSE:CYH) reported total revenue of USD 3115.0 million for Q2 of FY2023, a 6.2% year-on-year increase, on June 30 2023. This resulted in a net income of USD -38.0 million, an improvement from the loss of USD -326.0 million posted in the corresponding period of the prior year.
Market Price
On Wednesday, June 30 2023 COMMUNITY HEALTH SYSTEMS reported their Q2 FY2023 earnings results. The stock opened the day at $4.3, but closed at $4.1. This is a 5.9% decrease from their prior closing price of $4.4. The reported earnings were lower than expected and the stock reacted to this news by declining in value. The market had anticipated a different result, but it appeared that COMMUNITY HEALTH SYSTEMS did not meet their expectations.
Investors may have been surprised by the report, but the company’s commitment to delivering quality healthcare and service remains a priority. Moving forward, COMMUNITY HEALTH SYSTEMS will focus on taking the necessary steps to ensure that their performance meets expectations in the future. The company has promised to continue providing quality service and quality care and will strive to meet investor expectations in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CYH. More…
| Total Revenues | Net Income | Net Margin |
| 12.39k | 284 | 0.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CYH. More…
| Operations | Investing | Financing |
| 237 | -127 | -338 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CYH. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.65k | 15.47k | -10.89 |
Key Ratios Snapshot
Some of the financial key ratios for CYH are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.9% | -1.6% | 10.3% |
| FCF Margin | ROE | ROA |
| -1.9% | -54.5% | 5.5% |
Analysis – CYH Stock Fair Value
At GoodWhale, we have conducted an in-depth analysis of the fundamentals of COMMUNITY HEALTH SYSTEMS. Our proprietary Valuation Line gives COMMUNITY HEALTH SYSTEMS a fair value of approximately $7.7 per share. This means that the current trading price of COMMUNITY HEALTH SYSTEMS at $4.1 is significantly undervalued by 47.1%. This presents an opportunity for investors to purchase shares of COMMUNITY HEALTH SYSTEMS at a discounted price. More…
Peers
The healthcare industry is incredibly competitive, with hospitals and other providers vying for patients and market share. Community Health Systems Inc (CHS) is one of the largest hospital chains in the United States, and it competes against Encompass Health Corp, Ramsay Health Care Ltd, and Pennant Group Inc, among others. CHS has been successful in recent years, but its competitors are always looking for ways to gain ground.
– Encompass Health Corp ($NYSE:EHC)
Encompass Health Corporation is a healthcare services company that provides rehabilitation and home health services in the United States. The company has a market cap of $5.1 billion and a return on equity of 22.78%. Encompass Health Corporation operates in two segments: Inpatient Rehabilitation and Home Health. The Inpatient Rehabilitation segment offers rehabilitation services to patients in acute care hospitals, skilled nursing facilities, and other care settings. The Home Health segment provides home health services to patients in their homes.
– Ramsay Health Care Ltd ($ASX:RHC)
Ramsay Health Care Ltd is a global healthcare company that operates hospitals and clinics across Australia, France, Indonesia, Malaysia, the United Kingdom, and the United States. The company has a market cap of 13.22B as of 2022 and a return on equity of 10.85%. Ramsay Health Care Ltd is a leading provider of healthcare services and offers a comprehensive range of services including acute care, primary care, cancer care, mental health care, and aged care. The company has a strong focus on quality and safety and is committed to providing the highest standards of care for its patients.
– Pennant Group Inc ($NASDAQ:PNTG)
The Pennant Group is a provider of healthcare services with a market cap of $345.45 million. The company has a return on equity of -0.72%. The company provides services to senior living communities, hospitals, and other healthcare organizations.
Summary
Investing analysis into the Q2 FY2023 earnings report of Community Health Systems (CHS) shows an impressive year-on-year revenue growth of 6.2%, resulting in total revenues of USD 3115.0 million. Unfortunately, the company reported a net loss of USD -38.0 million, compared to a loss of USD -326.0 million in the same period of the previous year. The stock price dropped following the release of the earnings report. Despite the reported net loss, investors may be encouraged by the impressive revenue growth, as well as CHS’s positive outlook for future quarters.
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