Auriga Maintains a 'Hold' on Community Health (CYH) on Legal Overhang; Cost Mgmt Drives 4Q EPS Beat

February 22, 2012 1:27 PM EST
Get Alerts CYH Hot Sheet
Price: $3.00 +1.01%

Rating Summary:
    6 Buy, 15 Hold, 7 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Auriga maintains a 'Hold' on Community Health (NYSE: CYH) price target lowered by $2 to $24.00.

Auriga analyst says, "CYH reported non-GAAP EPS of $0.90 (based on our calculation), considerably above our and consensus estimates of $0.85/$0.82. We note that lower tax rate and share count helped by about $0.05. Nevertheless, a 4Q consensus beat, highlighted by better than expected cost management which drove EBITDA margin above expectations. 2012 guidance is as expected, but we note that CYH is usually conservative. We reiterate our Hold rating due to the overhang created by government investigation with a timeline and settlement that we cannot estimate."

For an analyst ratings summary and ratings history on Community Health click here. For more ratings news on Community Health click here.

Shares of Community Health closed at $20.66 yesterday.


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