Why Community Health Services (CYH) Stock Is Up Today

NEW YORK (TheStreet) -- Community Health Services (CYH) was gaining 8.5% to $46.21 Wednesday after HCA Holdings  (HCA) reported positive second quarter results.

For the second quarter HCA Holding reported earnings of $1.07 a share, beating analysts' estimates of 92 cents a share by 15 cents. The company saw revenue of $9.23 billion for the quarter, while analysts surveyed by Thomson Reuters expected revenue of $8.86 billion for the quarter.

The positive results helped bring up shares of competitors such as Community Health Services and Universal Health (UHS).

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TheStreet Ratings team rates COMMUNITY HEALTH SYSTEMS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate COMMUNITY HEALTH SYSTEMS INC (CYH) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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